Corporate Governance Business Ethics and Individual Responsibility

Abstract

Ethical behavior in business is not an accident. it requires vigilance, constant emphasis, and leadership, particularly in the case of shareholder owned, publicly traded companies. This paper systematically provides a roadmap for dealing with the ethical challenges faced by management today. First, working definitions of corporate governance, business ethics, and individual responsibility are established. second, ten forces that work against ethical behavior in business today are outlines. Finally, ways corporate governance, business ethics, and individual responsibility can hold these forces in check are proffered. the paper concludes with a brief statement as to why all of this matters.