Managing corporate ethics: learning from America's ethical companies how to supercharge business performance

Managers often ask why their firm should have an ethics program, especially if no one has complained about unethical behavior. The pursuit of business ethics can cost money, they say. It can lose sales to less scrupulous competitors and can drain management time and energy. But as Harvard business p...

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Bibliographische Detailangaben
1. Verfasser: Aguilar, Francis J. (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: New York u.a. Oxford Univ. Press 1994
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Zusammenfassung:Managers often ask why their firm should have an ethics program, especially if no one has complained about unethical behavior. The pursuit of business ethics can cost money, they say. It can lose sales to less scrupulous competitors and can drain management time and energy. But as Harvard business professor Francis Aguilar points out, ethics scandals can severely damage a firm, with punishing legal penalties, bad publicity, and irreparably injured customer relations
More importantly, even without public scandals, unethical behavior can undermine a firm's organizational spirit. On the other hand, Aguilar argues in a well run firm, ethical programs can actually enhance corporate performance, strengthening the company at every level and supercharging employee risk taking and creativity
Corporate ethical behavior and the trust it engenders lie at the heart of the innovative corporate performance that such firms as Hewlett-Packard, Johnson & Johnson, and Nucor Steel have sustained over the years for competitive advantage
Beschreibung:VIII, 177 S.
ISBN:0195085345

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