Preview

Assessment of Ethical Values of Students and Its Impact on Their Work Ethics

Powerful Essays
Open Document
Open Document
1949 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Assessment of Ethical Values of Students and Its Impact on Their Work Ethics
Assessment of ethical values of students and its impact on their work ethic

Minoo Ghoreishi, Millersville University of PA
Dariush Rezaei, Kent State University

Abstract

The purpose of this study is to assess ethical values of college students and employees. This paper examines recent occurrences in unethical activities of American corporations, evaluate students’ ethical values, and compare it to the ethical values of employees. The results of this research indicated that some students and workers underestimate selected unethical behaviors and do not perceive them as “unethical”. This research points to the fact that undervalue of unethical activity in college lead to unethical activity at workplace.

Introduction:

History of American corporations recorded corruptions in past and has been increasing. It is indicated that public confidence in the executives had declined significantly from 55 percent in 1966 to 16 percent in 1976 and even greater in the 1980’s. The observation was that corporate executives were interested in profit above public interest. Mistrust in an industry will harm participants in the industry and distrust of a single company may rapidly turn to bankruptcy. (Solomon, 1994) Corporate fraud in the United States threatens the trust in business and the reliability of the American corporations. Top managers have led companies to bankruptcy and jeopardize investment of their employees and investors for their self interest. Recent statistics indicated that American market has confronted with a major setback since World War II due to the corporate scandals that had demoralized the investor’s confidence (Investor 12). Enron was America’s largest bankruptcy in December 2001, followed by WorldCom, Global Crossing, Tyco, Arthur Andersen, Adelphia, due to their deceptive activities. Recent incidents gave more significance to ethical behavior in the society. Managers, employees and corporations need to be



References: Aguilar, Francis J. Managing Corporate Ethics. New York: Oxford University Press, 1994. Carter, R. Employees theft often appears legitimate, Accountability, 100 (1127), 75 – 78. Carter McNamara. 1999. Marrella, Len. In Search of Ethics. Florida: DC Press, 2001 The “Numbers Game”: Arthur Levitt, The Securities and Exchange Commission Tracinski, Robert W. “Ethics”, The Intellectual Activist. 25 Jan. 2002.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    In cases such as Enron and WorldCom, the authors wanted to see if businesses filing bankruptcy were in direct correlation of fraud of business financial statements by conducting a study. Nogler & Inwon, 2011, p. 68). The results brought to light the fact that the larger the company that filed bankruptcy the more likely that securities fraud litigation and general overstatement of the revenue and assets of the company occurred. (Nogler & Inwon, 2011).…

    • 502 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    In the early 20th century many large corporations were guilty of committing scandals and fraudulent activities. Many people today are very familiar with Sarbanes Oxley Act (SOX) of 2002 when the large companies such as Enron, WorldCom, Adelphia, and many others collapsed between 2001 and 2002, and Congress passed SOX also known as the White-Collar Criminal Penalty Enhancement Act of 2002 (Jennings, 2006). To minimize the fraudulent activities done by especially the educated ones such as top executives of the company, Security Exchange Commission (SEC)…

    • 2805 Words
    • 12 Pages
    Better Essays
  • Powerful Essays

    This paper will define the corporate scandals of the past decade using Enron and their auditors Arthur Andersen as a case study. The paper will focus on the financial statement misrepresentation involving Enron and their auditors. The paper will further define the effects that these scandals…

    • 3268 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Week 5 Article Review

    • 457 Words
    • 2 Pages

    Fraud is a real threat to the financial stability of a corporation and even the country. The legal issues presented in the article show how damaging fraud truly is. Of the over 1,200 companies that filed for bankruptcy in the study, 77.8% had some sort of fraud (Nogler & Inwon, 2011). These numbers show that…

    • 457 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Accounts of corporate wrong-doing have always been with us. Certainly most of the railroad barons and the steel magnates of the 1800s were not examples of financial rectitude, and the years prior to the Great Depression were filled with stories of manipulative dealings in business firms ranging from street railways to insurance companies and savings banks. Then, during 1990s, it was found that senior executives at a number of large companies had deliberately…

    • 2730 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The Williams Institute for Ethics and Management. (2011). Ethics awareness inventory. Retrieved from University of Phoenix MGT/521 Management course material on February 10, 2012.…

    • 1459 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The awareness of the conditions which define our ethical prospective and that of others gives us the ability to offer positive input on decisions we make on a daily basis. That is why it is imperative to take inventory on the perspectives we practice each day. The Ethics Awareness Inventory refers to a combination of broad characterizations representing four categories of ethical philosophy, which are Character, Obligation, Results, and Equity. They have been designed to assist in the development of a deeper understanding of personal ethical perspectives and styles. These descriptions are used to analyze some of the characteristics of my own perspective on ethics according to my preferred answers when faced with ethical issues.…

    • 812 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Business Failure Paper

    • 430 Words
    • 2 Pages

    The collapse of Enron is known as one of the biggest corporate scandals in the twentieth century lead by greed, lack of leadership and bad investment. Employees of Enron loss their retirement saving, jobs and some even committed suicide as a result to the down fall of Enron. Enron known as the world’s largest energy companies in the United State failed due to unethical accounting techniques and poor leadership. One may wonder how this is possible with the cleaver work of chief executive officer of Enron this transformation of making Enron a financial trade company done by hidden huge amount debt and inflating earning. Companies put lots of trust in their key employees many time no question ask in their decisions. In Enron this form of one man show leadership contribute to its demise. In a well structure business everyone is consider a key employee and decisions are made to benefit every employee. In the case of Enron failed to intervene in the wrong doing of the management staffs because sales were increasing which is…

    • 430 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Bayview

    • 481 Words
    • 2 Pages

    A study was assessed on the current ethical behavior of business students at Bayview. A sample of 90 business students from this year’s graduating class was anonymously given a survey with the following questions:…

    • 481 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Ethics Program Design

    • 664 Words
    • 3 Pages

    Large corporate scandals have rocked this and other nations’ business world over the last several years. In today’s skeptical marketplace, even small and mid-sized businesses must guard against ethical and financial snares that destroyed such giants as Enron, Tyco, Boeing and Arthur Andersen.…

    • 664 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Ethical Perspective

    • 2223 Words
    • 9 Pages

    The ethical perspective of an individual has a profound affect on how he lives his life. Ethical perspective can be that of character, obligation, results, or equity; or C.O.R.E.. An individual may fall into one of these perspectives or may be blended between two or more. An individual’s ethical perspective can be reflected in the culture of their organization and determines how they handle ethical situations on a daily basis. My personal ethical perspective is substantially that of obligation.…

    • 2223 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Furthermore, several researches and analysis are used to demonstrate that the pressure from risk-management policy is the factor most likely to cause employees to do unethical behavior, that business leaders have to play an active role in managing organizational culture and its ethical dimension, and that teaching business ethics must happen inside workplaces. Organizations must take their responsibilities and create safe places where the discussion of ethical challenges is encouraged, supported, and rewarded to avoid corporate shortcomings resulted from unethical behavior and unhealthy organizational culture.…

    • 955 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The education of ethical business practices is a vital part of a successful economy. Not only are businesspeople responsible for their company’s own shareholders, but they also have a greater responsibility to the stakeholders who will ultimately be affected by their actions (Adler). All too often, however, the subject of ethical behavior is lost in the capital-driven corporate world. Without a good understanding of the public’s expectations, ethical standards can become overshadowed by the appeal of profit, no matter the costs. Even if a company is economically profitable, if their corporate power is abused, society will not allow the company to survive. (Crews) To avoid this potential outcome, a broad knowledge of all business-related subjects should be introduced to all undergraduate business students before they reach the corporate level, making them aware of society’s moral expectations. However, according to the Association to Advance Collegiate Schools of Business (AACSB), to be considered an accredited business program, only “traditional business subjects” are necessary in the degree program’s curriculum; none of these subjects are dedicated solely to business ethics. (Swanson) As witnessed through the unethical actions of multiple corporate leaders and the devastating economic…

    • 578 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Literature Review

    • 495 Words
    • 2 Pages

    Content: 4 rationalizations why people behave badly, Practical rules to more effectively control managers actions, 3 examples for ethical bad behaviour (Manville, Continental Illinois Bank..)…

    • 495 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Ethics in the workplace can be a tedious and problematic issue if the person in charge does not understand how to create an ethical organization. It seems that ethical problems not only happen here in the United States, but all over the world. Ethical standards can be different depending on the person and is greatly affected by how he or she grows into a functional adult. A person’s environment however can’t take sole blame for this type of association and influence by itself. Many different factors of unethical and ethical business can affect a person’s ethical behavior such as: pressure from associates, the almighty dollar, activities and teachings from supervisors. This paper speaks to approaches and discussion of how, why, where, when and how, ethical behavior is influenced and how improvements can be made such as child labor laws which keeps young children from being forced to work in labor intensive environments(Business Ethics,2012).…

    • 1066 Words
    • 5 Pages
    Better Essays

Related Topics