Importance Of Positive Ethical Behavior

Improved Essays
As a good example of companies that understand how important positive ethical behavior is, I would like to introduce Mitshui Sumitomo Insurance group(MSI). MSI is one of the largest insurance company in Japan and has expanded its global network among more than 40 countries in the world. Mitsui is one of the Japanese huge financial clique (which is famous as "Zaibatsu") and MSI is one of the main companies of the Mitsui clique. MSI basically offers property insurance for the companies and individuals. It has around fifteen thousand permanent staffs and a thousand offices all over the world. Nearly half of the sales are from car insurance service, which is mostly sold in Japan. When it comes to the sales in global market, a large part is the …show more content…
The stakeholders outside of the MSI are; MOFAJ; the governments of developing countries; and the NGOs that accommodate the volunteer.

First of all, the MOFAJ has a large profit from MSI's CSR activity of this because the MOFAJ can save the ODA budget and utilize the money to drive other ODA projects. Secondly, the government of developing countries also have profit from this CSR because the volunteers work for the development of these countries. Thirdly, the NGOs that accommodate the volunteers from MSI are surely happy because the NGOs can employ full-time staffs without paying
…show more content…
(n.d.). Retrieved June 27, 2017, from http://www.ms-ins.com/company/group/

How Organizational Theory of Ethical and Social Responsibility Affects the Workplace. Lister, J. (n.d.). How Organization Theory of Ethical and Social Responsibility Affects the Workplace. Retrieved November 30, 2015, from http://smallbusiness.chron.com/organization-theory-ethical-social-responsibility-affects-workplace-17849.html

Ethics in Organizations. Marvin, B. (n.d.). Ethics in Organizations. Retrieved November 30, 2015, from http://www.scu.edu/ethics/publications/iie/v2n1/

Chapter 3: The Role of Leaders in Influencing Unethical Behavior in the Workplace. Treviño, L. (2005). The role of leaders in influencing unethical behavior in the workplace. In R. Kidwell, & C. Martin (Eds.), Managing organizational deviance. (pp. 69-97). Thousand Oaks, CA: SAGE Publications, Inc. Retrieved from: https://www.corwin.com/sites/default/files/upm-binaries/4910_Kidwell_Chapter_3.pdf

Ethical & Social Responsibilities of the Management of a Multinational Organization. Johnston, K. (n.d.). Ethical & Social Responsibilities of the Management of a Multinational Organization. Retrieved November 30, 2015, from

Related Documents

  • Improved Essays

    Ethics is a part of almost everything in our lives. It’s what allows us to consciously make good decisions and avoid bad decisions to guide us through life. Even if someone is unfamiliar with the word ethics, a majority of people can distinguish what is the right thing to do in most situations but can also consciously do the wrong thing. This can apply to anything from miniscule daily tasks to giant corporate decisions that can affect many lives, that is ethics. In the following pages, we will discuss; What I feel is the responsibility of top leadership in regards to balancing profits and stakeholder concerns, how businesses have greatly improved on ethics since the 1800’s, welfare capitalism and its role in contemporary business ethics, and…

    • 1461 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    Ethics, broadly defined, is the a set of values or principles established by society for its betterment. Many of these values and principles are incorporated into culture and law. Organizations today integrate ethics into the foundation of their businesses in order to augment the professional value and trustworthiness of the their enterprise. Both public and private companies are expected to uphold certain ideals and internal controls for the benefit of their stakeholders. Operating with high virtues dictates an enterprise’s true value.…

    • 1234 Words
    • 5 Pages
    Superior Essays
  • Decent Essays

    Areas of concern like accounting and auditing matters, ethics and compliance issues, suspected violations of American Red Cross would be the main focus. American Red Cross has seen its fair share of unethical issues in the past so the main goal is to keep from having more unethical issues going forward. Reference: Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2015).Business ethics: Ethical decision making & cases (10th ed.). Mason, OH: Cengage.…

    • 93 Words
    • 1 Pages
    Decent Essays
  • Great Essays

    Ethics in business is of crucial importance in the decision making of reputable companies in the United States and abroad. It's regarded as, "a significant factor which has an influence on both the success and profits of modern companies" (Sroka & Lorinczy, 2015, p. 156). The G2Q case study is one such entity. From inception, the South Pacific business venture appears to be tainted with injustices. There are many layers of inequities in favor of monetary gain in the form of profit sharing and substantial bonuses on behalf of the company, managers, and local officials; with no regard for the indigenous workers or the local community.…

    • 1489 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    The three primary ethical issues of the Breakaway project are gambling, violence and sex. The game lured the user in by offering credits to advance in the game. This behavior is very similar to the compulsive gambler. The company was plotting to entice the user to buy more credits to get further in the game just as casinos do luring the gambler in by showing winners receiving millions of dollars. The positive in the game is providing entertainment to the non-compulsive users.…

    • 421 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    C., Fraedrich, J., & Ferrell, L. (2013). Business ethics: Ethical decision making and cases [9th edition]. Mason, OH: Cengage Learning. Retrieved from https://www.betheluniversityonline.net/cps Frontline. (2009).…

    • 348 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Societal Issues: Modeling ethics of care Taking a Stand on social issues: Introduction: In today’s world where societal issues (such as health, environment, social justice, and human rights issues) continue to take center stage in every area of our lives, there has been an increasing importance to address these issues. Firms are beginning to weigh in on such issues showing an increasing contribution and subscription to ethics of care. This paper takes a look at CEO influence, reasons why firms decide to take a stand on societal issues and what happens when they decide to do so. When organizations make decisions based on ethics of care, there may be consequences for such decisions.…

    • 1418 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    White Collar Crimes Paper

    • 323 Words
    • 2 Pages

    Leaders of organizations must surround themselves with people that are willing to speak up at anything that looks wrong (Olejarz, 2016). When an organization has an ethical culture, people tend to follow the rules more.…

    • 323 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    The Army is continuously providing ethical training, but still has an issue of fostering a specific environment that places soldiers on the ethical line too often. The many different steps to control ethical behavior have been taken over time, but there still seems to be an issue with soldiers consistently making unethical decisions. These decisions impact the organization making it difficult to maintain an effective organizational culture. Then the management has to correct the bad behavior and try to mold a new organizational culture depending on the environment and situation. While analyzing the cause and effect relationship of unethical decisions within an organization and its organizational culture, it becomes clear that organizations need to ensure they have clear guidelines in regards to ethics.…

    • 1676 Words
    • 7 Pages
    Great Essays
  • Superior Essays

    Bayport Ethical Issues

    • 3068 Words
    • 13 Pages

    Proverbs 19:1 states, “Better is a poor man who walks in his integrity than he who is perverse in speech and is a fool” (New American Standard Bible). Ethics has everything to do with integrity and deciding what is right or wrong. This is very important in business ethics because it is easily to conform to the ways of other people within the organization and not standing form on one’s own morals and values. The following research will discuss the organization that I currently work for, a credit union, and how ethics plays a big part in decision-making. The paper will discuss how important it is the leader to make ethically sound choices and the steps to do so.…

    • 3068 Words
    • 13 Pages
    Superior Essays
  • Brilliant Essays

    When employees in organizations make decisions to act unethically, they affect not only the company itself, but also its shareholders, employees and customers. Employees make a countless number of choices every day in businesses, if they act unethical, they can damage a company's productivity, profits and…

    • 1804 Words
    • 8 Pages
    • 6 Works Cited
    Brilliant Essays
  • Improved Essays

    Throughout the course of day-to-day business life, the business professionals come in contact with quite a sum of ethical dilemmas. There are various ways to handles these ethical dilemmas but failure to follow the appropriate manner could result in an unethical outcome. The ethical guides related to the book definitely help students develop an ethical character that is sure to standout for highly ethical companies. In addition, there are companies that test how ethical applicants are before hiring them, this in turn makes getting the job more difficult and costly. However, despite the high cost and difficulty said companies stay firm to ethics, guaranteeing they get top-of-the-line employees who will act in an ethical manner.…

    • 708 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Ethics Paper For an organization to remain in business they must achieve profits and find ways to keep their customers pleased. Organizations will use ethics and social responsibility as ways to keep customers happy. Every decision made, both good and bad, directly affect shareholders and their investment. Being morally right or wrong is being ethical.…

    • 772 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Over the first 4 weeks of this class we have had many class discussions and readings, which have brought up a great deal of thinking. The class name Organization Ethics and Decision-making, speaks for itself when it comes to the things that can be talked about in this class. Our world is changing each and everyday and you have to stay on top of the way things are. In this reflection essay I will hit on different topics and speak in different ways that ethical decisions and value systems work and how my view and knowledge on these have changed. Each individual will go about making decisions in a way that he or she sees fit based on there beliefs and teaching.…

    • 1101 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Perwaja Steel Case Study

    • 709 Words
    • 3 Pages

    It is known that, there is no hesitation that ethical business practices are important to overall soceity well-being and positive ethical behaviour of leaders must be encourage and given attention by the company. Based on Sardy et al. (2010) negative ethical behavior may lead to business losses and embrassing scandals. In the present business environment, all business leaders throughout the world are faced daily with ethical issues at work environment, and sometimes they are uncertain on how to deal with the problem.…

    • 709 Words
    • 3 Pages
    Improved Essays