Ethics are a glorified way to protect companies from liability. Change my mind.

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Actually, I think they do help protect companies from liability. But they do so much more...they inspire mission driven employees, attract customers that want to associate themselves (and spend money) with brands that align with their own values. They reduce audit and regulatory costs. There's strong data behind all of this. So ethics/integrity are actually good for a company and the world.

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Additional Posts in Ethics In Business

From what I understand, ethics is separate from legal. Legal violations have consequences, ethical violations don’t. What’s the point of ethics if there are no consequences? Sure when it’s convenient to be ethnical, everyone will be. It only matters when it’s not convenient. So should there be ethics set up with consequences like loss of job that applies evenly for everyone in the company including the CEO? Should their be financial consequences set up for smaller violations?

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Hey guys, newbie here please be gentle with me 😅. I have recently accepted an offer but my gut tells me it might not be the best for my future move. As usual there a probation of three months during which the notice period is half the time as compared to if I was a comfirmed staff. Do you think I should start looking and make use of the shorter notice period during my probation?

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Lots of great discussion this afternoon...there are few objectively "right" answers in this area, and I'm impressed that everyone on the forum engages in vigorous but respectful debate.

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Hi everyone, wanted to come back and talk about the work environment at the Washington Redskins/Football Club -- the Washington Post story was pretty jaw dropping. One troubling angle was the use of NDAs to stifle victims. NDAs have for too long enabled bad behavior to continue, and it's time companies pledged to stop using NDAs in settlements with victims -- the coverup is worse than the bad acts. I think Warren torpedoed Bloomberg's campaign due to his use of NDAs. Thoughts?

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Market research is beginning to show that younger consumers (Millennial/Gen Z) are increasingly prioritizing ethical and sustainable companies. Will ethics become table stakes moving forward?

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How do you thoughtfully instill ethics with leadership and have that trickle down to the rest of the organization?

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I’ve long disliked the term ethics. Definitions of ethics all refer to morals. Morals are very personal and vary a lot from person to person, culture to culture. Law is how we as a society express our preferences and impose rules and restrictions on ourselves. So the question should never be about whether companies can be ethical. What does that mean? One person thinks eating meat is unethical, another thinks it’s perfectly ethical. Companies should focus on complying with the law.

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As someone who is virtually our only compliance person at a mid-size company, I often get questions for legal advice. I am not an attorney and cannot give legal advice (my disclaimer), but I do look at the situation from a compliance/policy/process lens and urge to consult legal always. I feel as though it discredits me and my advice because I’m not an attorney. How can I better differentiate compliance from legal and still provide valuable advice?

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Just wondering if anyone here has reported someone to Ethics, had the illegal or unethical behavior of the person been substantiated and STILL be retaliated by their company. Also please state if you followed the reporting policy and if your company has a non-retaliation policy

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Question. Court case reveals a security breach of an associate. Should the firm be notified?

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I have been approached by one of the biggest global management consulting firm for a position that requires 2+ years of experience and in locations which were not on the table in screening with hiring manager. As someone who comes with 6+ years of global experience, how would you recommend managing the opportunity? Particularly, how should I engage with the HM and recruiter and keep the door open for future opportunities that match the value and experience I bring to the table? (Urgent help)

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Ethics is a topic in computer engineering that I have had to dance around. In a federal capacity with a security clearance ethics didn't mean anything.

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I’m a VC in SF and have been spending a majority of my time helping companies navigate the uncertain terrain ahead. I am able to address obvious concerns around fund raising and pivot strategies , yet there are many questions I am struggling to answer regarding PPP eligibility and this one. . “ Is there a way to ethically lay off employees?”

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I could use some advice on this situation. I’ve been working for a small family owned business in Toronto Canada for about 4months. I’ve noticed a lot of unprofessional behaviour since I’ve started (yelling at workers infront of customers) I’ve bounced around different positions so much that the owner blames 98% of stuff on me when something isn’t done, even if it’s not my responsibility anymore.A week ago I asked for an employment contract to get this straight but nothing yet. What do I do?

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I feel like we talk a lot about ethics in business from a liberal standpoint - but what if that Colorado baker just really didn't want to make a cake for a gay wedding because they don't believe in equal marriage?

Like who gets to decide what’s moral and what’s ethical?

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How is AirBnB ethical when its business model exists through legal arbitrage? It has functionally created rental property service without being subject to the same taxes and liability insurance of a regular hotel company due to the dubious claim of “It’s on the web.”

likesmartupliftinghelpfulfunny

How do you justify the ethicality of Airbnbs often accelerating gentrification and housing inequity in many cities? Do you weigh it against the GDP brought in by travel?

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I was fired after I reported a partner for a serious (criminal) ethics violation. The firm covered it up. Are all companies like this in the end? I’ve lost my trust and don’t know how to start over.

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