Moral and Ethical Value System of Organizations

24 Pages 6015 Words

morally acceptable and what others believe to be wrong. All people have built-in ethical responses. Certain actions are identified as wrong, others as morally praiseworthy. The values of honesty, promise- keeping, truth-telling, benevolence and justice, endure because they are essential to the social fabric of human existence. Without certain fundamental principles of fair dealing and mutual respect, business would be impossible. (5)


Establishing and maintaining corporate ethics is indeed center to
continued success, on both a personal and professional level. Constant nurturing of moral judgment and a specific code of ethics is in order as a means of upholding the positive image necessary to perpetuate corporate policy. The primary elements of such nurturing include having a clear and concise sense of honesty that is validated by society; appropriate and applicable conventions when confronted with difficult situations; managerial involvement in and awareness of ethical issues; a supportive ethics program that is wholeheartedly sup...