EIC

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 component in making good...

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 customers,...

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 weighing potential...