Friday, February 22, 2019
Ethical Behavior vs Unethical Behavior Essay
at that place really isnt one way or another to be able to ensure honourable port in any barter all the time. There are things that potful be done to tending encourage and increase the handlely hood of a note performing ethically all the time. The two strongest influences for ethical behavior in the overlord world are the prescripts that are set by the government and committees like the SEC (Securities and Exchange Commission), and to support good ethical behavior universe modeled from top management (lead by example).The federal laws for social responsibilities for business represent the minimum standards of social responsibility that businesses must adhere too. If a company is acting socially responsible then more than believably they are acting ethically. It is currently up to each business loss leader to decide how far beyond the minimum standards they go when performing in their business. There really isnt room for wrong behavior in the professional world there is no greater impact on stakeholders than a company/business performs unethically. We have already witnessed what loafer risk when businesses have employees who act unethically, i. . Enron.The Enron situation actually brought on more regulations for companies to get along to promote/ensure ethical behavior. Companies obviously still arent ever acting ethically but there currently seems to be little unethical behavior in the professional world than before Enron. When slew are aware of the consequences of what could happen to them if they act in a certain way they are less likely to do that action, unless the consequence is a positive one. With unethical behavior it is very unlikely to have a positive consequence unless they dont get caught.Personally I think that having regulations for ethical behavior is a must, but it is not the solitary(prenominal) tool or resource we, as stakeholders, need businesses to use moral principles to guide their business down a moral and ethical path. However, without regulation there is no way businesses would act nearly as socially responsible as they do now, so it is definitely one of the crush ways to ensure ethical behavior. It just needs to be feature with other tools such as a code of ethics, an employee handbook, ethics training, or other ethical programs that are designed specifically for the business utilise it.There are multiple causalitys why any(prenominal)one might witness acting unethically when performing their duties the most obvious and common reason is self interest/greed then short cuts or casual way out. Some individuals, regardless of their profession, will always look for some form of personal gain, even if it means conducting themselves in an unethical manner. With this macrocosm the case there will continue to be unethical behavior in the professional world where regulations may not be unforgiving enough or not have the capacity to catch the unethical behavior.For instance in the case of Sh ell in Nigeria, Nigeria does not have nearly as strict rules/standards for oil companies as those set by the international laws. Shell is able to get away with more pollution, assail flares, and aiding the militant government in harming the communities. For the most part Shell is spare-time activity the regulations of the country they are drilling in it makes this difficult to enforce ethical behavior from Shell in this type of instance.In other situations regulations can help keep a company acting ethically, for example thank to Enron there are quite a few regulations on how a company can produce, and present their financial information. If a company doesnt follow these standards set forth by the government there can be some serious consequences. With these regulations companies are less likely to depict false financial statements. As you can guess, one can cant over either way on this regulations are helpful at times and not at others. But more often than not regulations do h elp ensure ethical behavior in the professional world.