Ethical Corporate Governance Essay Assignment Paper
Ethical Corporate Governance Essay Assignment Paper
The APA Style Guide is located in the Student Success Center. You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. Directions: Write a paper (1,500-1,750 words) in which you discuss the relationship between ethical governance, transparency, and the stability of organizations. Include the following in your paper: A research based discussion of the characteristics of ethical governance. How is ethical governance evident in the operations of an organization? A research based discussion of the components of organizational stability. How are they are evident in the organization? A discussion of the ethical responsibility of a business to be transparent in its operations. How much is a business ethically obligated to divulge to the public? A research based discussion that presents the relationship between ethical governance, transparency, and organizational stability.
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Ethical Corporate Governance (also called Ethical Governance) has very much become a buzzword these days, just about every company thinks its a good idea and may even proclaim to follow it, but what exactly is it, and how can we know for a sure that a company is practicing what it preaches?
Ethical Corporate Governance refers to the processes and policies that a company has in place to deal with issues concerning how it is administerd and conducts day to day business. It is important to remember that companies exist primary to create a product or service, which is used to generate profit. However that intention must be balanced with controls that ensure a company pursues profit without crossing over the line into the realms of unethical behavior.
In the past many companies may have exploited their market positions to inhibit competition or even threaten local populations, ethical corporate governance exists to prevent this happening.
A corporate governance policy should also cover the expected conduct of senior members of a company, for example the chief executive officer, board of directors and other senior management, who are often seen as exempt from the normal policies applied in the company.
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