Ruth Steinholtz, Session 2
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Presentation by Ruth Steinholtz at the OECD Global Conference on Governance Innovation which took place in Paris on 13-14 January 2020. Further information is available at http://www.oecd.org/gov/regulatory-policy/oecd-global-conference-on-governance-innovation.htm.
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Meaning and definitions of business ethics
Sources of business ethics
Characteristics of business ethics
Importance
Principles of business ethics
Introduction
Business is a part of society and its functions in the society.
It is the application of ethics to business.
It is the study of good and evil, right or wrong and just and unjust actions of businessmen.
Every business should be guided by ethics.
Ethics helps to survive and succeed their ventures.
Meaning and definition
It refers to the “moral principles which are considered right by the society.
It is the study of morality.
These are the moral principles and rules of conduct which govern and guide the activities of business.
According to David Fritzsche, “it is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture”.
The institute of global ethics defines, “the term ethics as obedience to the unforceable”.
Sources of business ethics
Religion
Culture experience
Legal system
Characteristics/features of business ethics
Introduction of business ethics
This document provides an introduction to business ethics. It discusses how business ethics prescribes standards for how business should be conducted, with responsibilities to stakeholders. Ethical behavior is defined as behavior that is morally good and right. Benefits of ethical behavior include higher revenues, improved brand recognition, and better employee motivation and recruitment. The relationship between business and ethics is discussed, noting that businesses with strong ethics are more prosperous. The importance of ethics in business is outlined, including ensuring goodwill, profitability, and sustainability. Different types of ethics like normative and applied ethics are mentioned. The distinctions between morality, legality, and ethics are introduced. The concept of rights and duties are discussed. Factors that make an organization ethical are
Business Ethics
Business ethics involves ethical decision-making by people in business according to moral principles or values. There are many factors that influence decision-making, including issue intensity, personal moral philosophy, and organizational culture. Ethical decision-making follows steps like gathering facts, identifying stakeholders, and considering consequences. Business ethics aims to study and establish standards for morally right behavior in business. Organizations can shape ethical conduct through codes of conduct, ethical training and reasoning, demonstrating ethical leadership, and helping employees act ethically.
Ethics , Ethical dilemma and social Responsibility
This document discusses ethics, ethical dilemmas, and social responsibility. It defines ethics as distinguishing right from wrong based on moral principles. Business ethics considers how to behave towards others while pursuing profit. There are multiple approaches to understanding ethics, including consequentialism which focuses on outcomes, and deontology which focuses on adherence to moral rules. Ethical dilemmas in business can arise from conflicting views of responsibility. Stakeholder theory holds that a business must balance the demands of stakeholders like employees, customers, and society.
8 Organizational CultureDamien DovarganesAssociated Press.docx
8 Organizational Culture
Damien Dovarganes/Associated Press
Learning Outcomes
After reading this chapter, you should be able to do the following:
• Examine how organizational culture drives ethical behavior.
• Analyze best practices for developing an ethical culture.
• Evaluate the eight criteria required for an effective ethics and compliance program.
ped82162_08_c08_227-254.indd 227 4/23/15 8:45 AM
Introduction
Introduction
Target’s Struggle with Ethical Culture
After being one of three U.S. retailers recognized for exemplary ethical standards and prac-
tices for seven consecutive years, Target was not included on Ethisphere Institute’s 2014
World’s Most Ethical Companies list (Adams, 2014). Ethisphere Institute conducts a survey
of large public and private international companies and publishes the annual list in its maga-
zine. Ethical culture is a component in ranking the most ethical companies, looking for the
adoption of a values-based culture in the organization, workforce acceptance of the culture,
and employee behavior according to the ethical culture.
Target’s fall from the list comes after a 2013 data breach of customer credit card data during
the Christmas shopping season. Even with extensive data security measures in place, a Rus-
sian hacker accessed customer credit card and personal information from purchases made
from November 27 to December 15. Reports indicate that Target received initial warning of
malware as early as November 30, but did not take action until enforcement agencies con-
tacted the company two weeks later. Most customers learned of the leaking of their sensitive
data from media news outlets on December 18, one day before Target released a press state-
ment asserting that “Target alerted authorities and financial institutions immediately after
it was made aware of the unauthorized access, and it is putting all appropriate resources
behind these efforts” (Target, 2013, para. 3). As more information emerged, the company
reported the unauthorized access to credit card or personal data of over 110,000 customers.
The manner in which the large retailer handled the data breach crisis demonstrates an orga-
nizational culture that ignored warnings, failed to tell customers all available information,
and lacked empathy for customer concern of financial harm (Levin, 2014). The investors,
employees, managers, and media considered that the organizational culture of Target had
become too controlling and unresponsive to new information. The chief information officer
(CIO) accepted responsibility for the failure of data security and resigned from the company.
In response to shareholder demands for greater accountability, a new chief executive officer
(CEO) and some board members were appointed in 2014.
Why is the focus on Target’s organizational culture after this crisis? Culture matters in busi-
ness. A healthy culture allows employees to live their values and perform without fear of reta.
8 Organizational CultureDamien DovarganesAssociated Press.docx
8 Organizational Culture
Damien Dovarganes/Associated Press
Learning Outcomes
After reading this chapter, you should be able to do the following:
• Examine how organizational culture drives ethical behavior.
• Analyze best practices for developing an ethical culture.
• Evaluate the eight criteria required for an effective ethics and compliance program.
ped82162_08_c08_227-254.indd 227 4/23/15 8:45 AM
Introduction
Introduction
Target’s Struggle with Ethical Culture
After being one of three U.S. retailers recognized for exemplary ethical standards and prac-
tices for seven consecutive years, Target was not included on Ethisphere Institute’s 2014
World’s Most Ethical Companies list (Adams, 2014). Ethisphere Institute conducts a survey
of large public and private international companies and publishes the annual list in its maga-
zine. Ethical culture is a component in ranking the most ethical companies, looking for the
adoption of a values-based culture in the organization, workforce acceptance of the culture,
and employee behavior according to the ethical culture.
Target’s fall from the list comes after a 2013 data breach of customer credit card data during
the Christmas shopping season. Even with extensive data security measures in place, a Rus-
sian hacker accessed customer credit card and personal information from purchases made
from November 27 to December 15. Reports indicate that Target received initial warning of
malware as early as November 30, but did not take action until enforcement agencies con-
tacted the company two weeks later. Most customers learned of the leaking of their sensitive
data from media news outlets on December 18, one day before Target released a press state-
ment asserting that “Target alerted authorities and financial institutions immediately after
it was made aware of the unauthorized access, and it is putting all appropriate resources
behind these efforts” (Target, 2013, para. 3). As more information emerged, the company
reported the unauthorized access to credit card or personal data of over 110,000 customers.
The manner in which the large retailer handled the data breach crisis demonstrates an orga-
nizational culture that ignored warnings, failed to tell customers all available information,
and lacked empathy for customer concern of financial harm (Levin, 2014). The investors,
employees, managers, and media considered that the organizational culture of Target had
become too controlling and unresponsive to new information. The chief information officer
(CIO) accepted responsibility for the failure of data security and resigned from the company.
In response to shareholder demands for greater accountability, a new chief executive officer
(CEO) and some board members were appointed in 2014.
Why is the focus on Target’s organizational culture after this crisis? Culture matters in busi-
ness. A healthy culture allows employees to live their values and perform without fear of reta.
Management Ethics and corruption.
This document discusses corporate governance and ethics. It defines corporate governance as the procedures and processes that direct organizations, including relationships between stakeholders. Good corporate governance prevents managerial abuse and promotes investor confidence. Ethics deals with moral principles and judgments of right and wrong. Corporate ethics focuses on social responsibility, sustainability, and governance. Establishing a strong ethical culture within an organization through leadership, codes of conduct, and training can help avoid fines, improve reputation and loyalty, and increase commitment. There is a relationship between corruption and weak corporate governance, as corruption breeds lack of compliance with governance standards. Disclosure requirements can increase transparency and decrease corruption. The Nepalese bureaucracy has issues with patronage, political influence, and lack of accountability that affect corporate
ETHICS IN THE 21ST CENTURY WORKPLACE
Why are corporates moving their way towards “ethically instilled workplace”.Ethics, what we already know is the moral philosophy which determines what is right and what is wrong. A prescribed code of conduct establishes the kind of and to what extent the ethics would be practiced in the organization. The need for ethics was felt when the organization faced the moral dilemmas in the workplace. Such dilemmas were complex and everyone bought their school of idea about ethics to the table. Also, the issue of business ethics has increased attention. Corporate research and watchdog groups such as the Ethics Resource Center and the Council on Economic Priorities brings out the number of organization that engage in ethics training.
The question arises why the corporates are now more diverted towards “being ethical”. This is what we founded in our research paper that why companies are moving towards ethical, to exist in long run why it is important to adopt ethical practises with the help of certain examples of companies and what happen to them when adopt ethical and unethical behaviour in their workplace.
Introduction To Business Ethics
This document discusses business ethics and provides guidance on establishing an ethical work environment. It defines ethics and explains why business ethics are important. It also outlines key features of an effective compliance and ethics program, the role of a corporate ethics officer, how management can influence employee behavior, and a seven step process for ethical decision making. Finally, it includes a ten item checklist for managers to establish an ethical work environment in their organization.
QUINN Edition 6 Chapter 1.pptx
This document discusses ethics in information technology and business. It outlines learning outcomes related to ethics and social impacts of technology. It also discusses the importance of business ethics, such as gaining community trust, operating consistently, fostering good practices, and avoiding legal and publicity issues. Methods for improving ethics are presented, including appointing an ethics officer, establishing a code of ethics, conducting ethics training, and creating an ethical work environment.
INTRODUCTION OF BUSINESS ETHICS (3).pptx
This document provides an overview of business ethics and related concepts. It defines ethics, personal ethics, business ethics, and accounting ethics. It discusses the relationship between law and ethics. It also covers ethical decision making, principles of personal ethics, and motivation for being ethical. Normative theories in business ethics like utilitarianism, Kantian ethics, and egoism are introduced. The document also discusses how corporations can institutionalize ethics.
Business ethics
Business ethics is a branch of social science that deals with moral principles and values in business situations. It helps classify what is good and bad, and tells businesses to do good things and avoid harm. Business ethics provides a framework for conducting business within social, cultural, economic and legal limits. It is based on concepts like self-control, consumer protection, fair treatment, and not exploiting others. While business ethics should be voluntary, education and guidance are needed for its effective implementation.
An Overview of Ethics for IT Professionals
This document provides an overview of ethics. It discusses how ethics is a set of beliefs about right and wrong behavior within a society. It outlines Cisco's commitment to ethics in their business operations. Cisco provides ethics training to employees and encourages volunteering. The document also discusses how organizations should balance social responsibilities with their primary mission. It examines ethical decision making approaches like virtue ethics and utilitarianism. Finally, it covers concerns about ethical use of information technology like monitoring employees and hacking databases.
Similar to Ruth Steinholtz, Session 2 (20)
Ethics , Ethical dilemma and social Responsibility
Ethics , Ethical dilemma and social Responsibility
8 Organizational CultureDamien DovarganesAssociated Press.docx
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8 Organizational CultureDamien DovarganesAssociated Press.docx
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◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
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6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
在线办理(ISU毕业证书)爱荷华州立大学毕业证学历证书一模一样
学校原件一模一样【微信：741003700 】《(ISU毕业证书)爱荷华州立大学毕业证学历证书》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
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如果您处于以下几种情况：
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◇面对父母的压力，希望尽快拿到；
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◇回国时间很长，忘记办理；
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◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
AHMR volume 10 number 1 January-April 2024
AHMR is an interdisciplinary peer-reviewed online journal created to encourage and facilitate the study of all aspects (socio-economic, political, legislative and developmental) of Human Mobility in Africa. Through the publication of original research, policy discussions and evidence research papers AHMR provides a comprehensive forum devoted exclusively to the analysis of contemporaneous trends, migration patterns and some of the most important migration-related issues.
Texas Water Development Board Updates June 2024
Presented at June 6-7 Texas Alliance of Groundwater Districts Business Meeting
Border towns and spaces of (in)visibility.pdf
This report explores the significance of border towns and spaces for strengthening responses to young people on the move. In particular it explores the linkages of young people to local service centres with the aim of further developing service, protection, and support strategies for migrant children in border areas across the region. The report is based on a small-scale fieldwork study in the border towns of Chipata and Katete in Zambia conducted in July 2023. Border towns and spaces provide a rich source of information about issues related to the informal or irregular movement of young people across borders, including smuggling and trafficking. They can help build a picture of the nature and scope of the type of movement young migrants undertake and also the forms of protection available to them. Border towns and spaces also provide a lens through which we can better understand the vulnerabilities of young people on the move and, critically, the strategies they use to navigate challenges and access support.
The findings in this report highlight some of the key factors shaping the experiences and vulnerabilities of young people on the move – particularly their proximity to border spaces and how this affects the risks that they face. The report describes strategies that young people on the move employ to remain below the radar of visibility to state and non-state actors due to fear of arrest, detention, and deportation while also trying to keep themselves safe and access support in border towns. These strategies of (in)visibility provide a way to protect themselves yet at the same time also heighten some of the risks young people face as their vulnerabilities are not always recognised by those who could offer support.
In this report we show that the realities and challenges of life and migration in this region and in Zambia need to be better understood for support to be strengthened and tuned to meet the specific needs of young people on the move. This includes understanding the role of state and non-state stakeholders, the impact of laws and policies and, critically, the experiences of the young people themselves. We provide recommendations for immediate action, recommendations for programming to support young people on the move in the two towns that would reduce risk for young people in this area, and recommendations for longer term policy advocacy.
Practical guide for the celebration of World Environment Day on june 5th.
Land degradation, desertification and drought resilience. UN ENVIRONMENT PROGRAMME -WORLD ENVIRONMENT DAY 2024.
Awaken new depths - World Ocean Day 2024, June 8th.
UN WOD 2024 will take us on a journey of discovery through the ocean's vastness, tapping into the wisdom and expertise of global policy-makers, scientists, managers, thought leaders, and artists to awaken new depths of understanding, compassion, collaboration and commitment for the ocean and all it sustains. The program will expand our perspectives and appreciation for our blue planet, build new foundations for our relationship to the ocean, and ignite a wave of action toward necessary change.
World Food Safety Day 2024- Communication-toolkit.
Food safety, prepare for the unexpected - So what can be done in order to be ready to address food safety, food Consumers, food producers and manufacturers, food transporters, food businesses, food retailers can ...
A guide to the International day of Potatoes 2024 - May 30th
Food and Agricultural Organization (FAO)
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Ruth Steinholtz, Session 2
- 1. Ethical Business Practice and Regulation: A Behavioural and Values- Based Approach to Compliance and Enforcement Ruth Steinholtz ruth@aretework.com Professor Christopher Hodges
- 2. The Questions we set out to answer • Why do people conform to or break rules? • How do we get people to conform to rules? • How can regulators/enforcers/compliance support ethical behaviour, compliance, performance improvement, growth, innovation? • How should we design “enforcement” policies and regulatory systems?
- 3. Our quest took us in various directions • Behavioural psychology research- we are predictably irrational, not the rational actors of classic economic theory • Genetic biology and its evolution that enabled our species to collaborate • Developments in regulatory practice from confrontation and punishment to advice and support (i.e. UK policy of ‘Regulated self-assurance’ and ‘earned recognition’: Regulatory Futures Review (Cabinet Office, 2017) • Move away from shareholder primacy to maximising stakeholder value
- 4. Co-regulation: the ”adult” solution? • Middle ground between traditional regulation and no regulation • Different sectors with different degrees from self to formal, wouldn’t most benefit from the option of a more collaborative approach, based on the evidence of what is effective? • Convergence of interest: companies realising their place in society – ESG, ethics, sustainability, purpose, and regulators role in supporting economic growth and prosperity • Risk and evidence based • Principles vs rule based
- 5. Sanctions Proportionate to the Attitude: Scottish Environmental Protection Agency Criminale, Spericolato, Negligente, Confuso, Conforme, Campione Incoraggiare il miglioramento Sanzionare, Educare, Abilitare, Ingaggiare Wide range of tools to use:
- 6. The Essence of Ethical Business… Regulation (EBR) A relationship between a business and a regulator, in which the business produces evidence of its on-going commitment to EBP and the regulator recognises and encourages that commitment. Practice (EBP) Creating and being able to provide evidence of an effective ethical culture where employees can do the right thing, based on ethical values.
- 8. Organisation A Organisation B Value client satisfaction making a difference integrity teamwork humor/fun quality ethics financial stability Level 2 6 5 4 5 3 7 1 Value blame short term focus internal competition buck passing risk averse customer satisfaction information hoarding profit Level 2 1 2 3 1 2 2 1 A Tale of Two Companies Service Making a Difference Internal Cohesion Transformation Self-Esteem Relationship Survival
- 9. Implementing EBP + EBR Approaches or pilot studies Customised evidence of trust How can the OECD Help? Civil aviation Medical devices Workplace Health & Safety Environment Trading Standards: Primary Authority Equality & Human Rights Gambling Water pricing Food standards Genetic materials Data protection & privacy Energy Water quality Lawyers Timber County Councils International money laundering Care Homes Sport Medicines
- 11. “Regulation is fundamentally about how people in organisations actually behave. This book pulls together the evidence on “what works” in getting the right results. There is a wealth of material here for smart regulators who are pursuing effectiveness through actual outcomes, not compliance with rules for its own sake.” Richard Thomas CBE, Information Commissioner (2002-9), Committee on Standards in Public Life (2012-17)