Entrepreneurs face ethical dilemmas and these ethical dilemmas can be resolved using various theoretical models available in the management domain. Majority of the management programmes emphasize on presenting these ethical model concepts without any linkage to the practice. The purpose of this...

The purpose of this case study (real life case study of a client who sought advice from the author) is to develop an insight into the ethical dilemmas faced by an entrepreneur. The case study outlines the situation faced by Mr. Saran Prasad (name altered to protect the identity of the client),...

Companies that are going to thrive must have a soul. Those that are only concerned with “maximizing shareholder wealth” or “maximizing profit” will find themselves going the way Enron went. CEOs will have to lead the revolution and should be the ones exhorting executives to make...

America is in distress. We have been going from one crisis to another. Here are just a few: the savings and loan debacle which began in the 1980s; accounting fraud and financial irregularities scandals that involved such firms as Enron, Adelphia, Tyco International, Global Crossings, and led to...

Purpose This research aims to study budgetary slack from a behavioural perspective, especially examining the effect of gender and code of ethics on budgetary slack ethical judgment. Design/methodology/approach This study adopts the experimental method of 2 × 3 between-subjects mixed factorial...

The authors posit that one should not take a binary approach to business ethics because there are gradations. They propose that firms may be classified according to the following metric: Level I: The Totally Unethical Organization; Level II: The Legalistic Unethical Organization; Level III: The...

Between October and November 2001 the world witnessed the collapse of Enron, a major US publicly traded corporation with global operations. The Enron case highlights the impact corporate failure has on American society and capital markets and underscores the need for better enforcement of...

This paper describes ways to improve the effectiveness of a code of ethics where the goal is to affect the alternative chosen by a decision maker. These avenues for improvement are divided into those related to the content of the code and those related to enforcement provisions associated with a...