bmgt364.9.22.2010

bmgt364.9.22.2010 - Causes of Unethical Behavior...

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© 2005 Robert H. Smith School of Business University of Maryland Causes of Unethical Behavior Rationalizing that others do it Greed Following boss’s directives Meeting overly aggressive business/financial goals (Pressure) Meeting schedule pressures Be a team player (group think) Advancing own career Convenience
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© 2005 Robert H. Smith School of Business University of Maryland Gordon Gekko in Wall Street (1987) “Greed is good. ... Greed works. Greed clarifies, cuts through and captures the essence of the evolutionary spirit. ...” http://www.youtube.com/watch?v=7upG01-XWbY
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© 2005 Robert H. Smith School of Business University of Maryland Poster Child for Greed Dennis Kozlowski: Prisoner 05A4820 $6,000 for a shower curtain $11 million for art / furnishings $18 million decorating bill for his duplex in New York $19 million, interest-free loan from Tyco to purchase a home. $2.1 million trip Sardinia for his wife s birthday party. http://www.youtube.com/watch?v=8rcxO6urHTE
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© 2005 Robert H. Smith School of Business University of Maryland Milgram Experiments Designed to determine the extent to which people obey the commands of an authority figure, even under the belief of life-threatening conditions. The results indicated that the majority of the experimental subjects would obey the commands of the authority figure. Raised concerns about compliance and obedience. http://www.youtube.com/watch?v=r9GLGpx2SIo
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© 2005 Robert H. Smith School of Business University of Maryland What Are Unethical Business Practices? Surveys have identified the following recurring themes to prominent everyday ethical issues facing businesses and their stakeholders: Managers lying to employees Office nepotism and favoritism Taking credit for other’s work Receiving/offering kickbacks Stealing from the company Firing an employee for whistle-blowing Padding expense accounts Divulging confidential information or trade secrets Terminating employment without sufficient notice Using company property/materials for personal use
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© 2005 Robert H. Smith School of Business University of Maryland Forces That Shape Managerial Ethics Is Decision or Behavior Ethical? Family Influences, Individual Beliefs and Values, Personal Standards and needs Rituals, Ceremonies Stories, Heroes Language, Slogans Symbols Founder, History Government Regulations Customers, Ethical Climate of the Industry, Societal Values Structure Policies, Rules Code of Ethics Reward System Selection, Training External Environment Organizational Systems Personal Ethics Organizational Culture
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© 2005 Robert H. Smith School of Business University of Maryland British Petroleum Beyond Petroleum Biggest Polluters Big Problems http://www.cnn.com/2010/US/06/16/bp.refinery.reaction/index.html?iref=allsearch
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© 2005 Robert H. Smith School of Business University of Maryland Influences on Ethical Decision Making Ethical Ethical Answers Answers Depend Depend on… on… Ethical Ethical Answers
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bmgt364.9.22.2010 - Causes of Unethical Behavior...

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