Business Ethics And Organizational Values

Organizational values are a hot topic as private and public organizations are not only evaluated according to their products and profits, but also according to the circumstances of the product - labour conditions, materials, risks, human rights and social responsibility. Values are becoming the defining identity of organizations.

Organizational values are extremely topical, as private and public organizations are not only evaluated according to their products and profits, but also according to the circumstances of the product 6 labour conditions, materials, risks, human rights and social responsibilities. Faced with dramatic innovations in modern societies, ideas of right and wrong are changing. No simple moral intuition is able to solve new dilemmas. No fixed rules can handle organizational learning processes. Constantly values are clashing with no objective solution. Instead, values are defining the identity of organizations, and organizations are engaged in ongoing discussions of values, integrating new values as premises for their decision making. Business Ethics and€Organizational Values operates on three levels 6 society, organization and values. First, the dynamics of modern society€are analyzed. Secondly, organizations are viewed an autopoietic systems constantly engaged in value debates with its stakeholders. Thirdly, values are placed in a business context presenting conflicting stakeholder values and showing how values make organizations sensitive to their environment. A practical method, Ethical Accounting, is outlined, making it possible to measure the degree of values fulfilment. Also the dark side of values is discussed under the headline of hypocrisy. Business students, managers in private and public organizations will face a wholly new vision of the interrelations between society, organizations and values.

The book covers key topics in the three fields of corporate social responsibility, business ethics corporate governance, and numerous other related topics to build corporations commitment to ethics management, critical role of value based managerial leadership.

This book highlights the interconnectedness of integrity with philosophical history, leadership, managerial decision-making, and organizational effectiveness in a wide variety of contexts (e.g., time theft in organizations and family business). Well-known researchers in business ethics from all around the world reframe the literature on integrity in business and management and develop updated and more comprehensive models of integrity. Integrity in Business and Management connects integrity to both ancient thought and the modern philosophy of pragmatism, but also explains how contemporary societal trends may shape the way we think about integrity. The final chapter warns against oversocialized conceptualizations of integrity and argues for a clear differentiation between personal integrity and moral integrity. Aimed at researchers and academics in the fields of business ethics and organizational leadership, Integrity in Business and Management explicates and critiques prior models of managerial integrity in a wide variety of disciplines, covering economics, moral philosophy, business ethics, organizational behavior, sociology, history, and psychology and offers a helpful set of readings in advanced undergraduate and postgraduate courses of business ethics, corporate governance, corporate social responsibility, and leadership to stimulate discussions about personal integrity, moral integrity, and organizational leadership.

In Values, Nature, and Culture in the American Corporation, distinguished ethicist William Frederick explores issues of fundamental importance to all who aspire to conduct their business affairs ethically. He begins with an examination of the three value systems in business that are basically incompatible, and therefore in constant tension. The first is the need for managers to efficiently allocate resources for maximum profits. The second is the natural tendency for managers, in pursuit of the first goal, to accumulate power for its own sake. The third is the desire for people in the community to create relationships that will perpetuate these communities. Frederick brings in a range of ideas and concepts from the social sciences as well as the natural sciences to illuminate his discussion. In the final section of the book he explores a range of issues of current concern to managers, including corporate culture and technology.

Color print. Business Ethics is designed to meet the scope and sequence requirements of the single-semester business ethics course. This title includes innovative features designed to enhance student learning, including case studies, application scenarios, and links to video interviews with executives, all of which help instill in students a sense of ethical awareness and responsibility.

A Contemporary Look at Business Ethics provides a ‘present day’ look at business ethics to include the challenges, opportunities and increased need for ethical leadership in today’s and tomorrow’s organizations. The book discusses current and future business ethics challenges, issues and opportunities which provides the context leaders and their organizations must navigate. The book includes an in?depth look at lessons learned about the causes of unethical behavior by examining a number of real?world examples of ethical scandals from around the world that have taken place over the past few decades. The analysis of the various ethical scandals focuses on concepts like ethical versus unethical leadership, received wisdom, the bottom?line mentality, groupthink and moral muteness, all of which contribute to the kind of organizational culture and ethical behavior one finds in an organization. The book discusses ethical decision making in general and the increased role of religion and spirituality, in confronting unethical behavior in contemporary organizations. The book also takes an in?depth look at the impact ethical scandals have on employees and more specifically the psychological contract and person?organization ethical fit with the goal of identifying, along with other things, what leaders can do to restore relationships with employees and rebuild the organization’s reputation in the eyes of various stakeholders.

With reference to India.