Feature Channels: Business Ethics

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Business is the most dominant social organizing force in the world today and, as such, it owes significant obligations to society, according to a Vanderbilt University professor.

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Driven by growing participation in global markets, the contribution that common business conduct standards can make to improving Asian, African, and Latin American development prospects, and increased emphasis on corporate and individual conduct, companies in all regions are formulating, implementing and monitoring global business practice standards, according to a Conference Board study.

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A new study shows that corporate ethics programs work as long as the company values moral conduct as much as the bottom line. "A firm's approach to ethics and legal compliance has an enormous impact on employees' attitudes and behaviors," says Linda Klebe Trevino, professor of management at Penn State.

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An international group of health leaders released a "Shared Statement of Ethical Principles for Those Who Shape and Give Health Care" in today's issue of Annals of Internal Medicine.

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When it comes to ethical standards, convicts and MBA students rate about even, says a Ball State University researcher.

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A new study suggests that MBA students have clear ideas of which tactics are ethically proper and improper in the course of business negotiations. But the students' views are shaped by their gender, nationality, age, work experience, and other factors.

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A new study soon-to-be published in the Journal of Business Ethics finds that most major corporations that have formal "ethics" programs are only "going through the motions."

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Programs to empower workers almost always fail because managers promise more than they can deliver. So says Joanne Ciulla, professor of leadership and ethics at the University of Richmond's Jepson School of Leadership Studies. She has written a paper entitled, "Leadership and the Problem of Bogus Empowerment," recently published as a working paper of the Kellogg Leadership Studies Project.