When the goal of commerce is profitability, there exists an inherent risk for business people to maximize their personal wealth, thus acting unethically. This moral hazard has been a permanent factor in business despite societyís efforts to control or legislate the questionable behaviors of business organizations and individuals. Still, ethical lapses remain, resulting in corporate efforts to monitor themselves through codes of conduct. In the 21st century business world, itís difficult to find a firm or industry that does not have an ethical code of conduct. This paper will examine codes of ethics and other initiatives within individual organizations and the broader corporate environment.
|Presenter:||Felicia McQueen (Undergraduate Student)|
|Time:||9 am (Session I)|