Ethical failures are rooted in leadership failure, the lack of a
corporate culture in which ethical concerns have been integrated,
and unresponsiveness to key organizational stakeholders. This book
seeks to enhance our understanding of the causes of ethical
debacles in an era when ethical missteps can often lead to
corporate bankruptcies or worse. Sims offers practical solutions
for mitigating damage and preventing such problems from happening
in the first place. He also explains how to institutionalize ethics
throughout an organization. Sims asserts that organizations wishing
to behave ethically must do more than harbor good intentions. Such
companies must implement policies that inculcate the corporate
culture with ethical values. They must also commit to ethical
behavior in all interactions with internal and external
stakeholders, including investors, customers, employees, and the
community.
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