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Ethical leadership is leadership that is directed by respect for ethical beliefs and values and for the dignity and rights of others. It is thus related to concepts such as trust , honesty , consideration , charisma , and fairness .
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
The chief ethics officer (EO) is a senior ranking individual in an organization. The primary role is to build a strong ethical culture within the organization. In order to perform these responsibilities the chief ethics officer must be given support, independence, and opportunity to influence key decision-making board members.
The function of developing and implementing business ethics in an organization is difficult. Due to each organization's culture and atmosphere being different, there is no clear or specific way to implement a code of ethics in an existing business. Business ethics implementation can be categorized into two groups; formal and informal measures.
As dean, Stevens created the Dean Institute for Corporate Governance and Integrity, [7] founded a student ethics program with the support of the Center for Public Trust, [8] established a lecture series featuring ethical business people, and offered ethics training to local corporate leaders.
Businesses have codes of ethics to assist workers deducing whether behaviours would be considered appropriate or acceptable wherever dealing with clients and stakeholders. Some businesses will require their staff to attend recurring monthly or yearly training on business ethics.
Corporate behaviour is the actions of a company or group who are acting as a single body. It defines the company's ethical strategies and describes the image of the company. [ 1 ] Studies on corporate behaviour show the link between corporate communication and the formation of its identity .
CSE is a multi-disciplinary scientific sub-field relating to the fields of corporate social responsibility and sustainability.It has relevance in the context of business and management, specifically in areas such as business ethics, sustainability, organizational behavior, entrepreneurship, human resource management and business strategy.
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