Managerial ethics are moral principles that guide a manager's actions and behaviors in the workplace to create an environment that is welcoming and inclusive. There are three main types of management ethics: immoral, moral, and amoral. Approaches to management ethics include the utilitarian approach which analyzes the effects of decisions, the moral rights approach which protects fundamental human rights, and the social justice approach which ensures fairness. Key aspects of being an ethical manager include defining values, hiring employees with similar values, promoting inclusion and open communication, and leading by example. Managerial ethics are important as they create a positive work environment and help maintain strong professional relationships and collaboration.

2. What are managerial ethics?
• Managerial ethics are moral principles
employees in a leadership position follow to
guide their actions and behaviours. These
ethics may be personal or related to the
company's beliefs and values. They help
managers decide what's wrong and right in the
workplace so they can create a welcoming,
inclusive environment.

3. Types of Management
Ethics:
Three types of
management ethics
or standards of
conduct are
identified by Archie
B. Carroll:
1. Immoral
management
2. Moral
management:
3. Amoral
management

4. Approaches to Management Ethics
• There are three approaches to management ethics:
1. Utilitarian approach: In this approach, managers
analyse the effects of decisions on people affected
by these decisions.
2. Moral rights approach: In this approach,
managers follow ethical code which takes care of
fundamental and moral rights of human beings
3. Social justice approach: According to this
approach, managers’ actions are fair, impartial
and equitable to all individuals and groups.

5. How to be an ethical manager
• 1. Define your values
• 2. Hire employees with similar values
• 3. Be inclusive
• 4. Promote open communication
• 5. Lead by example

6. Why are managerial ethics
important?
• Creates a positive work environment
• Helps managers maintain strong
professional relationships
• Improve collaboration among teams

8. Examples of managerial ethics
• Professionalism
• Respect
• Privacy
• Compliance
• Honesty
• Communication

9. Examples of unethical behaviour as a
manager
• Misusing company time
• Lying
• Taking sides in a disagreement
• Stealing or damaging company property