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Business ethics as risk management
Essay specific features
Written by:
Melissa M
Date added:
March 21, 2016
Level:
University
Grade:
B
No of pages / words:
8 / 2001
Was viewed:
2326 times
Rating of current essay:
Essay content:
Largely absent from regulatory and (until recently) investor responses to this has been a consideration of business ethics. As the collapse of Enron demonstrated, all the correct oversight structures of an independent board and corporate governance charters cannot compensate for the lack of an ethical corporate culture...
displayed 300 characters
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Both inquiries looked beyond mere legal boundaries on company behaviour, to wonder if all the costs and reputation damage could have been avoided by (in Justice Neville Owen's words) someone asking 'is this right?'
Why has the issue of business ethics not received more systematic attention from business and investor groups? One explanation could be that ethics is a contentious subject that overlaps, sometimes uneasily, with questions of law...
displayed 300 characters
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