MNGT 3710 Lecture Notes - Lecture 6: Influence Peddling, Whistleblower, Moral Treatment
Document Summary
Statement of values- a description of the beliefs, principles, and basic assumptions about what is desirable or worth striving for in an organization. Key stakeholder interest to be satisfied and balanced. Code of conduct: explicitly states what appropriate behaviour is by identifying what is acceptable and unacceptable. Code of ethics: a statement of principles or values that guide behaviour by describing the general value system within which a corporation attempts to operate in a given environment. Unnecessary, as most corporations already operate ethically. Conflicts of interest- a situation in which an individual has a private or personal interest that is sufficient to appear to influe(cid:374)(cid:272)e the o(cid:271)je(cid:272)tive e(cid:454)er(cid:272)ise of that i(cid:374)dividual"s duties. Real a situation in which a manager or employee has knowledge of a private economic interest, or any kind of private or personal gain, that is sufficient to influence the exercise of his or her duties and responsibilities.
