Should non-profit organizations be held to different ethical standards than for-profit corporations? Should management walk the talk by emulating the companys mission and value statement? How does it affect employee moral? Why is it important to have behaviors aligned with corporate values? Should employees be rewarded for performance or personality? Why is accountability and rewarding productive behaviors a critical part of effective management? What happens when the opposite of this occurs in the company?
1. Should non-profit organizations be held to different ethical standards than for-profit corporations?
Non-profit organizations should be held to same ethical standards as for-profit corporations. The reason is that usually, the for-profit corporations are guided in their behavior by the laws that apply to for-profit corporations. These same laws cannot be applied to non-profit organizations as they may not raise funds in stock exchanges, but there is a fiduciary obligation on non-profit organizations to follow the highest standards of ethics in their operations. They enjoy the trust and confidence of people and so should follow the highest standards of ethics.
2. Should management walk the talk by emulating the company's mission and value statement?
The management should emulate the company's mission and value statement. From the deontological ethical perspective, it is the duty of the management to emulate the company's mission and value statement. If they don't emulate the ...
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