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Flashcards in Chapter 5 Deck (34)
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1

What is ethical leadership

Appropriate conduct - actions and relationships

2

What are the principles of ethical power (transformational leadership)

1. Purpose
2. Perspective
3. Patience
4. Persistence

3

transformational

long term
deontological

4

transactional

teleological
regimented activities
rewards

5

promote ethical leadership

2-way communication, reinforcement, decision making

6

reconcile ethical values

transformational vs transactional
transformational: organic, interdependent view external events, social obligations

transactional: independent view external events, individual obligations

7

moral person/mgr

Hypocritical: destroy traits of moral person, says be ethical and is unethical

Inconsistent: strong ethical, does not xfer value to others, inconsistent or contradictory

8

Corporate governance

system directed and controlled

9

BOD (board of directors)

1. diverse background
2. represent stockholders (inside- has financial ties to firm/outside - no financial ties to firm)
3. Agency theory - mgrs are agents make decision to benefit them

10

Core ethical values

honesty, integrity, loyalty, responsibility, fairness, citizenship

11

strategic planning

future actions to achieve short/long term goals

12

5 questions to ask before final decision BRCTM


1. BOTHERING - Why bothering me?
2. RESPONSIBILITY - Is it my responsibility?
3. CONCERN - What is the ethical concern?
4. THINK - What do others think?
5. MIRROR - True to myself?

13

Mirror test


does it fit companys values? or my own values?
look in mirror made right choice

14

How to Address Ethical Crisis and Disaster Recovery


Typology dimensions:
1. Issue internal/external
2. Frequency normal/abnormal

15

Three levels Corporate Culture (p114) AVA

1. ARTIFACTS - seen/heard within firm
2. VALUES - acceptable/not acceptable
3. ASSUMPTIONS- agreed starting point for decision making

16

How to change Ethical Values (3 stages) - p115 UMR

Stage 1: Unfreezing (unfreeze beliefs)
Stage 2: Moving (top mgmt ensures what is acceptable /unacceptable)
Stage 3: Refreezing (reinforce commitment to support ethical behavior)

17

Formalizing culture of ethics p116

1. mission statement
2. Develop guidelines
3. Establish channel for employees

18

Corruption

abuse of power

19

Types of corruption (p121) - PGI

PGI
PETTY: bribe
GRAND: infrastructure
INFLUENCE PEDDLING: campaign contributions

20

Rationalize unethical behavior (p130-131) - TEF


(TEF)
-Transparency
-Effect
-Fairness

21

Interactionist model (p131-132) *Individual and Situational EFL

-ego strength: conviction
-field dependence: resolve situation
-locus of control: how much control he/she has

22

Ethical decision and moral intensity (p133) TPC

TPC
-Temporal immediacy: decision and consequence
-proximity: closeness
-concentration of effect: # of ppl impacted

23

Triangle Shirtwaist Factory Fire (p126-127)

NYC building fire caused by unsafe work environment
Passed National Labor regulations Act or Wagner Act 1935

24

Role of emotions in moral decision making (3 categories) -p129 - RCC

Moral luck (RCC)
1. Resultant: perform same task but has diff outcomes
2. Circumstantial: opportunity demonstrate values
3. Constitutive: based on background, family, experiences

25

Natural Environment -TYPOLOGIES (EBEE)

EBEE
1. Eco-efficiency (focus productivity)
2. Beyond compliance (demonstrate practice)
3. Eco-Branding (use pro-active commitment)
4. Environmental cost (innovation enable cost production)

26

Voluntary Compliance (p155)

natural environment, leads to establish environmental compliance

27

Compliance elements (p155) - SPITC

(SPITC)
-standards (internal/external)
-publicize
-implement, focus systems
-targets and reports
-commitment

28

What it means to be green? (p155)

-choices, some simple /complex
-example: product pkg

29

theft (reasons) p139 SOAP

(SOAP)
-social
-opportunity
-attitude
-pressure

30

theft (response) PMD

PMD
-prevention
-monitor
-discipline