BUSI 385 Chapter 9 Research and Analysis Paper DUE FRIDAY
Companies that have Effective Ethics programs
Effective Ethics programs are designed to foster ethical decision making in business and are being embraced by most firms today. Ethics programs have to be well designed and effective to pre-vent major misconduct. Some business leaders believe ethics initiatives should arise naturally from a company’s corporate culture and that simply hiring good employees will limit unethical conduct. Moreover, business executives and board members often do not understand how organizational ethics can be systematically implemented. In business, many ethical issues are complex and require organizations to reach a consensus on appropriate action. The more misconduct occurs at a company, the less trust employees feel toward the organization—and the greater the turnover will likely be.
A company must have an effective ethics program to ensure that all employees understand its values and comply with the policies and codes of conduct that create its ethical culture. Managers cannot assume that employees will automatically know how to behave when entering a new organization (Ferrell, O.C., Fraedrich, J., & Ferrell, L. (2022).
Research and Analysis Assignment
Conduct research using external resources (connect concepts to Chapter 9 of our textbook). This is a research paper following proper APA formatting, font 12, double spaced with a separate works cited page and cover sheet. Your paper must be minimally FOUR (4) full pages of content (not including works cited page and cover sheet). Submit as a word doc. File.
1. Identify a company that has an effective ethics program in place. There are a number of larger corporations that have been identified as having effective ethics programs. You may need to begin with Fortune 500 companies. The information must be public information that you can find. (Do not use a smaller company that does not publicly report their information).
***Review the elements of their program. Discuss the responsibility of the corporation you are researching to their stakeholders (15 points)
2. Using the minimum requirements for an ethics program listed within Chapter 9 of our textbook; use the information to identify how the company you are researching aligns their program with each of these requirements. Be sure to fully explain while noting what they are doing. Use Table 9-1 from your textbook to refer to as you analyze (45 points)
The following information may be attained from the company’s annual report if it is not evident in the information you are finding about their ethics programs.
3. Examine the ways ethical standards are monitored, audited, and enforced.
Are they using ethics officers? Are they using ethics audits? Explain.
What integrity measurement frameworks are in place. Refer to your textbook. (15 points)
4. In Summary: reflect and discuss the following (support with points that you have researched both from external resources and the textbook). Be sure to always use internal citations when you are referring to an idea, concept, fact, definition etc. from a source. (25 points)
· Why do businesses need ethics programs?
· Based on what you have read, what have you learned about factors in successful ethics training, program types, and goals?