Managing Workplace Ethics Can Generate Competitive Advantage

Abstract

The many breaches of ethical conduct and violation of laws by high-profile executives which have been reported for several years have focused attention on the way firms manage business ethics and company values. This paper identifies some of the bottom-line benefits and other benefits of actively managing the business ethics process and recommends practical approaches for developing a program for the management of that process. It is especially important for all enterprises to review their own situations and to become active in this area.