Public Pressure For Corporate Accountability Essay

Public Pressure For Corporate Accountability Essay

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Public Pressure For Corporate Accountability Essay

Public, Pressure, Corporate, Accountability, Essay

As public pressure for corporate accountability and ethical behavior increases, businesses and industries are putting more emphasis on establishing and publicly sharing their codes of ethics with stakeholders. Businesses adopt these to help guide corporate decision-making, but they can be used against them when businesses stray from their stated codes.

For instance, Enron’s 64-page code of ethics was Exhibit #1 at the trial of its CEO, Ken Lay, after the company imploded. Stuart Gilman, president of the Ethics Resource Center in Washington, D.C., said that, for Enron, “ethics was simply a piece of paper with three Ps print, post [in the company lunchroom], and then pray that something is actually going to happen.”

In order to complete this discussion assignment, you will need to:

Select a company that you are familiar with as a customer, employee, or investor.

Locate a copy of the company’s code of ethics. You can generally find this on their Web site in the “About Us” section of the site. Make sure to get the link/URL for the code of ethics when you are there, because you need to include that link in your initial post.

Do some general research about the company you selected regarding possible activities by the company or its leadership that either violates or supports this code of ethics. You will use this information to support the position you take in your initial post.

Instructions:

Please respond to ALL of the following questions in your paper:

Share the company you selected, the link/URL to the company’s code of ethics, and your reason for selecting the company.

Based on your reading of the company’s code of ethics, and your research into the activities of the company, what grade would you give them for adhering to their code of ethics?

Use the same grading scale you are evaluated by: A, B, C, D, F. Provide your reasoning for assigning them the grade you did.

Now, consider the industry in which the company operates (e.g., Disney in the entertainment industry). Are there forces at work in that industry that makes it easier or harder to be ethical?

Are there external factors (public opinion, social norms, attitudes, values) that influence public perception of the company’s ethical behavior? For example, even though cigarette manufacturer Philip Morris may conduct its business according to its own code of ethics, some people believe it is unethical for them to make and sell a product that is known to cause cancer.

Does a company’s adherence or non-adherence to a code of ethics influence your decision to do business with them?

 

 

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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