Ethics - 1 The Importance of Personal Ethics in Relation to...

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The Importance of Personal Ethics in Relation to Business Ethics Since the collapse of Enron and WorldCom due to the corporate mismanagement of their respective CEOs most of whom were found guilty of various criminal offenses related to corporate and financial fraud (Jeter 11 & Fox 23), many corporate analysts have begun asking the question: what is the link between personal ethics to corporate business ethics? The answer lies in the psychology behind high ranking corporate officials who are eventually driven to commit corporate crimes. In a competitive a corporate world as what we have today, business executives often contemplate that they are in fact driven by necessity to act as immoral or amoral business leaders. Jameson describes the personally ethical business executive as an individual who is dedicated to the pursuit of correct practices according to human conscience (33). In other words, they are the type of individuals who would not commit actions that would deceive or endanger any stakeholder regardless of how much they could benefit from such actions or
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Ethics - 1 The Importance of Personal Ethics in Relation to...

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