You are aware of inappropriate behavior and violations of your firm's code of conduct throughout your operation. In an effort to support a collegial and supportive atmosphere; however, you do not encourage coworkers to report on their peers. Unfortunately, you believe that you must make a shift in that policy and institute a mandatory reporting structure. How would you design the structure and how would you implement the new program in such as way that the collegiality that exists is not destroyed?
What are the strongest, most persuasive arguments in favor of a board's consideration of its social responsibility when reaching decisions?© BrainMass Inc. brainmass.com June 3, 2020, 11:43 pm ad1c9bdddf
The board has an obligation to the firm to make sure that all ethical and legal obligations are held up for the good of all stakeholders. These stakeholders include employees, customers, investors and society as a whole. Thus, not reporting unethical or illegal conduct may actually harm all stakeholders in the long-term. If something is being done that may cause a loss in profit or a shut-down of the company, it is the social ...
What are the strongest, most persuasive arguments in favor of a board's consideration of its social responsibility when reaching decisions?