The Price of Doing Good: Consequences of Ethical Decision Making

Abstract The effect of moral failures of leaders in our society carries a lot of weight and magnitude than those who are not considered as leaders. This is because of the public status they have acquired through their work, and the fact that society sees leaders as role models and god fathers whom they will want to emulate their actions and inactions to have a better life. In view of this, our aim is to determine the importance of ethics and reputation in corporate organization. Using the movie of the wolf of Wall Street movie as a case study, we observe that many upper managers do not care much about their moral actions in the exercise and performance of their duty. But rather, concentrate on achieving success and building a reputation for themselves in the contemporary corporate organization irrespective of the moral implication it will have on the society. Keywords: ethics, leadership, fellowship, learning.

Business Ethics: A European Review, 2005

Globethics, 2021

The Academy of Management Executive ( …, 2004

Executive Summary In the aftermath of recent corporate scandals, managers and researchers have turned their attention to questions of ethics management. We identify five common myths about business ethics and provide responses that are grounded in theory, research, and ...

International Journal of Management Studies and Social Science Research, 2024

This study explores the complex field of finance ethics, providing insights into the many ethical concerns that are prevalent within the financial sector. This study aims to analyze and comprehend the moral quandaries often encountered by professionals in the financial sector, therefore delving into the ethical aspects of financial processes. The study underscores the widespread presence of ethical dilemmas within the realm of finance, emphasizing its important arguments and conclusions. This study aims to identify and analyze the prominent ethical challenges that emerge within the financial industry, including conflicts of interest, insider trading, risk management, and responsible investment. This text examines the ramifications of unethical conduct within the financial sector and emphasizes the significance of ethical decision-making in maintaining the industry's stability and integrity. This study utilizes a rigorous methodology that incorporates a wide range of data sources, including both quantitative and qualitative data. This study involves a comprehensive examination of relevant scholarly works, empirical case studies, and survey data in order to assess and integrate the ethical dimensions within the field of finance. Moreover, it actively participates in ethical analyses and deliberations in order to put forth prospective answers and tactics aimed at cultivating a more ethical financial milieu. This study intends to add to the continuing conversation on the ethics of finance, presenting insights and suggestions that may serve as a compass for ethical decision-making within the business.

Oxford Handbook of Management: Management – Past, Present and Future (eds. A. Wilkinson, S. Armstrong and M. Lounsbury)

Prepared for the Oxford Handbook of Management: Management -Past, Present and Future (eds. A. Wilkinson, S. Armstrong and M. Lounsbury) -June 9, 2014 -Word count: 6,849 words (including references)

2016

Chartered Accountants Australia and New Zealand is a professional body comprised of over 120,000 diverse, talented and financially astute members who utilise their skills every day to make a difference for businesses the world over. Members are known for their professional integrity, principled judgment, financial discipline and a forward-looking approach to business which contributes to the prosperity of our nations. We focus on the education and lifelong learning of our members, and engage in advocacy and thought leadership in areas of public interest that impact the economy and domestic and international markets. We are a member of the International Federation of Accountants, and are connected globally through the 800,000-strong Global Accounting Alliance and Chartered Accountants Worldwide which brings together leading Institutes in Australia, England and Wales, Ireland, New Zealand, Scotland and South Africa to support and promote over 320,000 Chartered Accountants in more than 180 countries. We also have a strategic alliance with the Association of Chartered Certified Accountants. The alliance represents 788,000 current and next generation professional accountants across 181 countries and is one of the largest accounting alliances in the world providing the full range of accounting qualifications to students and business. About the Centre for Ethical Leadership The Centre for Ethical Leadership was established in 2010 with the mission of building ethical leadership capabilities across the different sectors in Australian society through education, research and community engagement programs. Located at Ormond College, University of Melbourne, the centre is dedicated to researching the dynamic aspects of leadership and working with leaders to develop the know-how for decision-making that has impact and ethical potency. The Centre's programs target change at three levels: • The development of individual ethical leadership capabilities of program participants • Building more effective and more ethical cultures, systems and processes in the host organisations of program participants and industry partners • Engaging our program participants and leaders from industry in ongoing cross-sectoral conversations and learning about ethical leadership.

Strategic …, 2005