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Ethics Training

This document discusses ethics training. It defines ethics as focusing on morality and applying moral principles to everyday life. Business ethics focuses on right and wrong behavior in business. While law and ethics are related, legal and ethical are not always the same - something can be unethical but legal. Factors like legal interpretations, organizational culture, and individual attributes influence ethical behavior and decision making. The document also lists attributes of an ethical culture and six principles of business ethics and conduct.

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Dianne Klayman
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35 views

Ethics Training

This document discusses ethics training. It defines ethics as focusing on morality and applying moral principles to everyday life. Business ethics focuses on right and wrong behavior in business. While law and ethics are related, legal and ethical are not always the same - something can be unethical but legal. Factors like legal interpretations, organizational culture, and individual attributes influence ethical behavior and decision making. The document also lists attributes of an ethical culture and six principles of business ethics and conduct.

Uploaded by

Dianne Klayman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ETHICS TRAINING

Dianne Klayman
CONTENTS
 What is Ethics?
 How is ethics related to economics.
 The role of markets and market system.
 Meaning of business ethics. (ch 03 Rezaee)
 Governance, ethics and wellbeing
 Ethics from Islamic perspective
 Views of al-Ghazzali on Ethics
Factors influencing the ethical behavior
Ethical problems may vary from one person to another according to the
factors influencing the Ethical Behavior:

Legal Interpretations: In secular societies, legal interpretations are


based upon contemporary values and standards according to time,
country or situation.

Organizational Factors: The organization too can affect or influence


participant’s behavior based on the degree of commitment of the
organization's leader conduct

Individual Factors: Individuals come to work with different values


based on the personal values and morals, family influences, peer
influence and life experiences.
What are the attributes of an ethical culture?

 Sense of employee responsibility.


 Freedom to raise concerns without fear of retaliation.
 Managers modeling ethical behavior and expressing the importance
of integrity.
 An understanding by leadership of the pressure points that drive
unethical behavior.
 Processes to find and fix these areas of pressure.
What are the six principles of business ethics and conduct?

 Comply with a written code of business conduct.


 Provide sufficient training to all personnel within their organization regarding personal
responsibility under the code.
 Encourage internal reporting of violations of the code with the promise of no retaliation for such
reporting.
 Self-govern their activities by implementing controls to monitor compliance with all applicable laws
and regulations.
 Share their best practices in implementing the DII principles through participation in an annual Best
Practices Forum.
 Be accountable to the public, particularly through the completion of an annual Public Accountability
Questionnaire.
What is ethics?

■ Ethics is the branch of philosophy that focuses on morality and the way in which moral
principles are applied to everyday life. Ethics has to do with fundamental questions
such as “What is fair?” “What is just?” “What is the right thing to do in this situation?”
Ethics involves an active process of applying values, which may range from religious
principles to customs and traditions.
What is business ethics?

■ Business ethics focuses on what constitutes right or wrong behavior in the world of
business. Corporate business executives have a responsibility to their shareholders and
employees to make decisions that will help their business make a profit. But in doing
so, businesspeople also have a responsibility to the public and themselves to maintain
ethical principles.
The Relationship Between Law and
Ethics
■ The law is an expression of the ethical beliefs of our society.
■ Law and ethics are not the same thing. The question, “Is an act
legal?” is different from the question, “Is an act ethical?” The
law cannot codify all ethical requirements. Therefore, an
action might be unethical, yet not necessarily illegal. For
example, it might be unethical to lie to your family, but it is not
necessary illegal.
What is ethics?

■ Ethics is the branch of philosophy that focuses on morality and the way in which moral
principles are applied to everyday life. Ethics has to do with fundamental questions
such as “What is fair?” “What is just?” “What is the right thing to do in this situation?”
Ethics involves an active process of applying values, which may range from religious
principles to customs and traditions.
What is business ethics?

■ Business ethics focuses on what constitutes right or wrong behavior in the world of
business. Corporate business executives have a responsibility to their shareholders and
employees to make decisions that will help their business make a profit. But in doing
so, businesspeople also have a responsibility to the public and themselves to maintain
ethical principles.
Factors influencing the ethical behavior

Ethical problems may vary from one person to another according to the
factors influencing the Ethical Behavior:

Legal Interpretations: In secular societies, legal interpretations are


based upon contemporary values and standards according to time,
country or situation.

Organizational Factors: The organization too can affect or influence


participant’s behavior based on the degree of commitment of the
organization's leader conduct

Individual Factors: Individuals come to work with different values


based on the personal values and morals, family influences, peer
influence and life experiences.
Examples of Ethical Issues
Ethical issues may vary from one organization to another according
to the factors influencing the Ethical Behavior:

 conflicts of interest,
 quality control issues,
 discrimination in hiring and promotion,
 misuse of proprietary information,
 abuse of company expense accounts,
 misuse of company assets,
 drug and alcohol abuse,
 environmental pollution, environmental destruction,
 etc.

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