This document discusses ethical and socially responsible management within organizations. It addresses common ethical issues like fairness, respect for people, and conflicts of interest. It also discusses using a corporate code of conduct to encourage ethical decisions and define standards for managers and employees. Finally, it discusses social responsibility and how large organizations publish social reports to outline what they are doing regarding social issues.

1. Ethical and socially responsible management of the
internal environment
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2. Ethics is not concerned with legal obligations, but
with what is morally right or wrong (and all the
shades of grey in between).
Management ethics are the application of moral
standards to management behaviour.
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3. Common Ethical Issues
Fairness and honesty
Respect for people
Conflict of interest
Financial management
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4. Corporate Code of Conduct
One strategy to encourage ethical decisions is to
employ a corporate code of conduct
A corporate code of conduct is a set of ethical
standards for managers and employees to uphold
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5. Social Responsibility
Social responsibility is the obligations a business has
over and above its legal responsibilities to the
wellbeing of employees and customers, shareholders
and the community as well as the environment.
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6. The Social Report
To cater for the increasing demand for companies
obligations to social responsibility most large scale
organisations publish a social report. This report
outlines what the company is doing in regards to
social issues.
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