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Sexty 5e CH 06 Final
Sexty 5e CH 06 Final
CHAPTER
6
Ethics of
Business:
Management
and Leadership
Prepared By:
Renée Majeau, NAIT
TABLE 6.1
TABLE 6.2
© 2020 McGraw-Hill Education Ltd. 6-9
Codes of Conduct and
Codes of Ethics Cont’d…
• Content of codes has evolved over time and through
five generations:
First generation conflict of interest
Second generation commercial conduct
Third generation employee rights and motivation of the
workforce
Fourth generation wider responsibility, with attention on
environment and respect for communities
Fifth generation international concerns, including human
rights, the rule of law and labour conditions
TABLE 6.3
© 2020 McGraw-Hill Education Ltd. 6 - 15
Ethics Audits,
Managers, and Committees
• Systematic effort to discover actual or potential unethical behaviour in
an organization
Designed to uncover unethical behaviour and identify existing opportunities for
unethical behaviour
Useful in conjunction with a code of ethics
Conducted by consultants advise management on how to put “integrity” into
corporate culture
• Classification of programs:
Formal approach based on organizational norms that are
written as a code of conduct
Monological approach allows organizational managers
and employees to determine for themselves what is right or
wrong
Dialogical approach emphasizes communication before
decisions are made and implemented