Kenneth Lay Code Of Conduct

Improved Essays
Individuals behave differently depending on the issues they are faced with. People are socialized in order to accept different behaviours depending on the context. It is in order for business persons to be aggressive against their competitors, but kind and gentle to their customers. Considering the example of Kenneth Lay, being a simple man, he was also a man of integrity who never flaunted on the wealth he acquired. Despite this, he was described to be arrogant gambler because he took risks boosting the firm’s stock price above all other firms.
Kenneth Lay had many ethical selves. In some areas, he did good and ethical with many philanthropic efforts. It is worth noting that philanthropic should not in any way be associated with business activities. This has laid a basis of understanding that people occasionally divide themselves into multiple ethical selves and embrace different behaviours in
…show more content…
Just like the parents cane the misbehaving children, managers should also take up the role of disciplining unruly subordinates. If any of the employees is going against the codes of conduct of the organization, the managers should take the responsibility of redirecting them. If the employees are engaging in bad conducts, to avoid bad and distractive reactions from them, discipline measures should be taken. But unfair and physical punishments should be avoided at all costs. It is evident that discipline produces excellent outcome if well executed. Trevino & Nelson (2010) argues that, if employers are faced with indiscipline cases, they should all be punished fairly depending on the levels of their misconduct, where the punishment should be consistent with the bad behaviour executed. As a result, the employees will situate that they adhere to all the organisations rules and ethics. Additionally, managers should situate that, no employees are punished for their good conducts or punished for another employees

Related Documents

  • Superior Essays

    The fundamental problem with this statement is what the definition of a just man is. We all know what makes an unjust man, therefore the real question is where the line is that one crosses from just to unjust. Another issue with injustice is whether or not a man becomes unjust after one unjust act or if it takes multiple. Mark Zuckerberg and other business moguls have backstabbed their way to the top in order to make millions of dollars, which is unjust. Then they donate to charities and seem very just.…

    • 1401 Words
    • 6 Pages
    Superior Essays
  • Superior Essays

    Ethical Behaviors

    • 1527 Words
    • 7 Pages

    The ethics of high management at TGI was very much focused around self-interest and not that of the greater society that it was a part of. They were misleading in there selling all Financial instruments. Their culture of rewarding those that had high returns generated a lot of excessive risk-taking amongst the employees of the firm. When the US government decided to bailouts ARG it shifted the burden of their malpractices to all taxpayers. Many considered the bailouts as every cool and wrong because it said a bad precedent for the government.…

    • 1527 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    I am not saying that this theory completely justify their action and is completely right but to some extent we can say that egoism justify their action. According to egoism the act is morally right if it is serving persons self-interest. No doubt by selling the stocks in the wrong way mr. Belfort earned really good amount and became millionaire and this served his self interest . But as we say choosing the wrong to get successful never last for ever same happened with Jordan and his business. Egoism theory justifies their action till they were getting profits and earning well and their actions were serving their self interest but the moment their offence got caught and they started losing and their actions were no longer serving their interest after this no theory can justify there act of exploiting people.…

    • 1053 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    In New York, Meyer Wolfsheim is a well-known gambler who earns his money off cons; however, he always avoids the repercussions of these illegal practices. Clearly, Wolfsheim has power, especially in the gambling world because “he’s the man who fixed the World’s Series back in 1919” and earned a large profit from the venture (73). Wolfsheim can commit these crimes due to the fact that “[t]hey can’t get him… [because] he’s a smart man” and has the influence of his wealth to keep him above the rules (73). He never has to face the consequences of his actions as a result of his wealth, because with wealth comes power. Jay Gatsby, on the other hand, also illegally obtained the majority of his riches but must endure the punishment for his actions.…

    • 1495 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    This leads to his corruption as he thinks he is superior than everyone not only because of his wealth but also from his belongings, Daisy. Tom does not get corrupted throughout the book as he is corrupted from the beginning and thinks he has the authority and power to be racist. People, money and materialism have a substantial impact on the way people…

    • 1054 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Gatsby sold alcohol illegally which made him have a bad image to the people that knew. People that knew him really well didn’t see him as a good person. He portrayed an entirely different personality to the public. Everyone knew he was rich but the way he discovered his riches made him exchange his morality for wealth. Gatsby exchanging his morality for wealth made him not see faults in many things he did.…

    • 1499 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Barclays Scandal

    • 1122 Words
    • 4 Pages

    How should you respond when you think regulators are asking you to cheat? As a frontrunner, it 's your responsibility to make sure that there square measure tips set in situ to eliminate any unethical behavior. Staff ought to be created alert to these tips and therefore the consequences of breaking the foundations. As a frontrunner, you ought to additionally distance yourself from actions and practices which will cause accusations of unfair practices from your competitors. If a rival happens to be cheating, the primary factor you ought to do is create them alert to the very fact that you just grasp of their unfair practices and report them to the acceptable authorities.…

    • 1122 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    And such a situation makes it difficult for even ethical officers to admit mistakes. In order to improve police supervision several things need to happen. Eradicate the root causes of the ‘code of silence.’ What makes officers believe in and practice the code of silence is if they too believe they are victims of their workplace. The workspace should safe and accepting of the employees, such environment is usually created by supervisors and that is why supervision is so important. Secondly, the leadership should be on the same page in believing the code silence is not acceptable and enforcing its eradication.…

    • 1852 Words
    • 8 Pages
    Superior Essays
  • Superior Essays

    Big Hero 6 Analysis

    • 1214 Words
    • 5 Pages

    Krei is kind of a morally complex character. As a businessman, he is always looking for something new and uses his wealth and intelligence to create inventions to earn him money. Krei even had connections with the San Fransokyo government by selling some of his bigger inventions to them (privileged white male). However, Callaghan states that Krei’s industry practices are rather problematic, he cuts corners and ignores sound science. Allowing us to assume that as a businessman what matters most to Krei is making money by being profitable and taking risks with his inventions.…

    • 1214 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Even with his competitors are already businessmen and more knowledgeable about the stockbroking lifestyle, Chris is still more driven than them because he is the one who is struggling financially. The movie also portrays social stratification which means “relatively fixed hierarchical arrangement in society by which groups have different access to resources, power, and perceived social worth; a system of structured social inequality” (2). Because of the symbols of social stratification, the people who are already involved with the stockbroking environment are typically in the same social class. This makes Chris stand out even more because he doesn’t fit the norm of how a rich person is suppose to dress or the luxury items, cars, or houses a rich person is suppose to have. However, Chris does manipulate his colleagues by making them believe that he is wealthy with certain actions like pretending that he has nice suits, nice cars, and even paying for them.…

    • 1783 Words
    • 8 Pages
    Improved Essays