What Is Radio Shack Ethical
Introduction:
Ethics is the consideration of how human actions can improve or deteriorate the environments in which we work and live. In the wake of recent corporate scandals like Enron and WorldCom leading to trials and imprisonment of previously powerful (Chief Executing Officer) CEO’s public trust in CEO’s has diminished. Therefore when the story about the forged academic credentials of Dave Edmondson, CEO of Radio Shack came it re-ignited the mistrust. This paper will provide a brief background of the scandal and detailed analysis of the ethical issues involved and whether the actions taken by RadioShack were ethical or not.
Background:
Dave Edmondson was on a fast career track and was named CEO of Radio Shack in May 2005. In February, 2006 Radio Shack announced that its CEO, David Edmonson has resigned over questions raised over his resume. The Fort Worth Star- Telegram discovered that he had not earned degrees in theology and psychology from Heartland Baptist College as claimed on his resume. Moreover Edmonson had only finished two semesters at the college and the college did not even …show more content…
The company had built its image and reputation over many years. This reputation entailed virtues of trustworthiness, compassion, integrity and responsibility. It did not seem that Edmondson’s decision to not come clean was based on any of these considerations. He bluntly violated the virtue ethics. The stakeholders involved were shareholders, board of directors, employees and common people. He could be cut slack for being an ambitious young individual at the start of his career but how can the ignorance be overseen that in the years of making towards a CEO he never came clean. Infact when the scandal was raised and he was confronted he did not even admit right away. This displays lack of character and credibility. A company’s leader should be transparent and
Ethics is the consideration of how human actions can improve or deteriorate the environments in which we work and live. In the wake of recent corporate scandals like Enron and WorldCom leading to trials and imprisonment of previously powerful (Chief Executing Officer) CEO’s public trust in CEO’s has diminished. Therefore when the story about the forged academic credentials of Dave Edmondson, CEO of Radio Shack came it re-ignited the mistrust. This paper will provide a brief background of the scandal and detailed analysis of the ethical issues involved and whether the actions taken by RadioShack were ethical or not.
Background:
Dave Edmondson was on a fast career track and was named CEO of Radio Shack in May 2005. In February, 2006 Radio Shack announced that its CEO, David Edmonson has resigned over questions raised over his resume. The Fort Worth Star- Telegram discovered that he had not earned degrees in theology and psychology from Heartland Baptist College as claimed on his resume. Moreover Edmonson had only finished two semesters at the college and the college did not even …show more content…
The company had built its image and reputation over many years. This reputation entailed virtues of trustworthiness, compassion, integrity and responsibility. It did not seem that Edmondson’s decision to not come clean was based on any of these considerations. He bluntly violated the virtue ethics. The stakeholders involved were shareholders, board of directors, employees and common people. He could be cut slack for being an ambitious young individual at the start of his career but how can the ignorance be overseen that in the years of making towards a CEO he never came clean. Infact when the scandal was raised and he was confronted he did not even admit right away. This displays lack of character and credibility. A company’s leader should be transparent and