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Introduction Every decision we make, whether consciously or unconsciously, is informed by our ethical values, including those in business. While ethics has always been emphasized in the finance classes I’ve taken, it’s also always felt like a filter; a secondary condition to check after formulating a course of action to ensure it meets minimum legal requirements or standards of socially acceptable behavior. Ethics is more than a tool for compliance, it’s a fundamental compone

Errors, bad behavior, and poor judgment in leadership can negatively impact a company’s brand and reputation. For business success, it’s critical for organizations to fill their C-suite with ethical leaders. Ethical leadership involves leaders and managers making decisions based on the right thing to do for the common good, not just based on what is best for themselves or for the bottom line.While profits are important, ethical leaders take into consideration the needs of cu

Have you ever faced an ethical dilemma? Maybe you found someone’s wallet on the ground or witnessed someone cheating during a test or competition. In these scenarios, the right answer isn’t always clear. In business, you’re bound to encounter ethical dilemmas, especially as a leader. Behaving unethically can be illegal—for instance, stealing money or harming employees. In these situations, making the right choice is clearer. Sometimes, it’s not a question of legality but of w

With the business landscape growing more complex each year, the decisions made by leaders now carry a considerable weight. These decisions not only affect the success of the business but also impact both internal and external stakeholders. From reviewing core company values to contemplating the short- and long-term consequences, making decisions from an ethical standpoint can help ease decision-making processes while also maintaining trust, loyalty and business success. To he

At any organization, there 10% of employees can always be counted on to do the right thing, and 10% of employees can always be counted on to do the wrong thing. The challenge of ethics and compliance is to reach that 80% in the middle. But as we often see in any given day’s headlines, that 10% of committed wrongdoers have a way of causing considerable havoc. As Ethisphere continually monitors the latest trends in business integrity, we see opportunity in every setback for org