| Enron’s management committed which of the following ethical violation?Company executives created off-the-bookspartnerships to hide lossesThe management of Enron committed which of the following illegal acts? Created off the books partnerships to hide debtsThe motives of those involved in unethical behavior that caused the financial crisis in the real estate, banking, and mortgageindustries included: greed, the wish to inflate their own earningsExecutives at Enron, and Tyco were found guilty ofillegalbehavior that damaged their companies’ reputations.When implementing an ethics code, it is important to share it with allstakeholdersbecause pressure to act unethically oftencomes from the outside.Corporatephilanthropyincludes charitable donations by corporations to nonprofit groups of all kinds.Written ethics codes can be categorized asCompliance-basedIntegrity-basedStudies have found a strong correlation between academic dishonesty and dishonesty atwork.Which of the following is an example of a corporate social initiative?
 “Our findings contradict conventional wisdom that the personal characteristics of an employee drive his or her decision to speak up,” said David Mayer, assistant professor of management and organizations at U-M’s Ross School of Business. The research found that the social environment—namely, one’s supervisor and co-workers—plays a critical role in an employee’s decision to speak up about wrongdoing. In the past decade, we have witnessed many ethical failures from leaders of companies such as Enron, Qualcomm and Fannie Mae. The harsh reality is that those who speak up about unethical conduct are often ignored, or worse, retaliated against, Mayer said. Given the risks associated with blowing the whistle, when an employee witnesses unethical behavior will he or she report it? Mayer and his co-authors conducted three studies. In the first, they collected data from employees in a for-profit, multinational company headquartered in the United States. They surveyed employees about whether their boss and co-workers were ethical, as well as the likelihood they would speak up if they witnessed wrongdoing. If either the employees’ supervisor or co-workers were rated as being low on ethicality, employees were significantly less likely to report. Employees needed to believe that both their supervisor and co-workers were ethical in order to be more likely to say they would report unethical behavior. “There are two primary reasons that people failed to speak up,” Mayer said. “One is a feeling of futility and the other is a fear of retaliation whether being fired, demoted or ostracized. You can be retaliated against by your boss or your peers so there is a big risk in speaking up.” Because it is so difficult to speak up, society rewards those who do, such as Sherron Watkins (Enron), Coleen Rowley (FBI) and Cynthia Cooper (WorldCom)—whistleblowers who were on the cover of Time’s Person of the Year issue in 2002. The second study explored a sample of individuals who had witnessed behavior that violated their company’s code of ethical conduct and either had or had not reported that misconduct to management. Many of these transgressions were serious, such as sexual harassment, giving or accepting bribes or kickbacks, falsifying financial records, and discrimination. Looking at data from more than 30,000 employees in 16 manufacturing and technology firms, the study found that about 20 percent, or 6,000 employees, said they witnessed behavior that violated their company’s code of ethical conduct. Half of those employees reported the behavior to management. Interestingly, if either an employee’s supervisor or co-workers were rated as low on ethicality, 40 percent reported the unethical behavior. However, when both the employee’s supervisor and co-workers were rated as being highly ethical, 65 percent of employees reported the wrongdoing. In the third study, participants were told that they would work on a task virtually with four other individuals—three co-workers and a supervisor—who sent participants pre-programmed messages. They were asked to evaluate whether a company should go into a new market and were not allowed to use any outside materials. Participants received one of two messages from their supervisor: either that they should make sure not to break any rules or one telling them to do the job well. Part way through the project, one of the “co-workers” sent an instant message saying he used the Internet to help the team, which was in clear violation of the rules. The other co-workers’ responses, either for or against the conduct, were sent out via instant message. Participants were later asked if any issues came up. Nearly half, or 47 percent, of participants reported the unethical behavior. The results from this study were almost identical to the second study. The findings suggest that although the ethicality of one’s supervisor matters, co-workers must model the same ethical behavior if we want employees who witness unethical conduct to report it to management, Mayer said. “We are social animals and we pay attention to what others do—especially when engaging in a risky behavior like whistle-blowing at work,” he said. Mayer was joined in the study by Samir Nurmohamed of U-M’s Ross School, Linda Klebe Treviño of Penn State University, Debra Shapiro of the University of Maryland and Marshall Schminke of the University of Central Florida. Related Link:
Hudson survey highlights gap between policies and reality. Business Management Industry News
NEW YORK, N.Y. – Nearly a third (31 percent) of U.S. workers have witnessed co-workers engage in ethical misconduct, according to a Hudson survey on workplace ethics. However, only half (52 percent) of those witnessing unethical or illegal acts reported it to anyone in authority. Despite these figures, nearly eight in ten U.S. workers (78 percent) state that their companies clearly communicate what they consider unethical and ethical behavior in the workplace.
When it comes to their own day-to-day jobs, half (53 percent) say they rarely or never encounter ethical gray areas, although 14 percent of workers do at least once a month and 28 percent do occasionally. When workers have witnessed colleagues engaging in unethical behavior, they are more likely to experience gray areas themselves (25 percent say that occurs at least once a month). Witnesses also give lower ratings to their companies for communicating ethical standards. On the positive side, three in four workers (74 percent) express confidence in their leadership, indicating that senior leaders of their company generally behave with honesty and integrity. However, among those who have witnessed their colleagues' transgressions, the percentage of those believing that their leaders are honest drops to 61 percent. "Workplace ethics is not an abstract concept, but a critical part of a healthy company," said David Rhind, general counsel North America, Hudson Highland Group. "Even with clear ethics policies in place, companies must create a culture of integrity throughout the organization by providing both the means and the mandate to report concerns. When senior executives lead by example, employees are more likely to follow suit." Other key findings include:
The Hudson Ethics in the Workplace Survey is based on a national poll of 2,099 U.S. workers and was compiled by Rasmussen Reports, an independent research firm. A more detailed data report is available at www.hudson-index.com.
Franchisor will now be called Lighthouse Outdoor Living.
BISHOPVILLE, Md. – In order to reflect their growing product lines and new focus on more than landscape lighting, Lighthouse Landscape Lighting has changed their corporate name to Lighthouse Outdoor Living. After building a successful franchise company dedicated to bringing quality products and designs to landscape lighting, the company has expanded their offerings to include pet containment fencing and outdoor insect control. "We have recognized that our customers are looking for a wide variety of products that enhance their ability to enjoy the outdoor space around their homes,” said Paul Anderson, president of Lighthouse Outdoor Living. “The name change and our new product lines are a reflection of that." Several studies show that outdoor living is one of the fastest growing categories of home improvement and renovation. According to the Propane Education & Research Council, 80 percent of respondents to a recent survey said that having an outdoor living space where they can relax and entertain is important. Current and future customers will see changes to the company's Web site, www.lightsbylighthouse.com, and they will notice the company now offers the Mist Away outdoor insect control system and the Smart Dog pet fencing program. "Our franchisees are excited about being able to provide these quality products to their customers,"Anderson said. Lighthouse Outdoor Living, which is based in Bishopville, Md., has 16 franchisees across the country.
Husqvarna's new safety brochure is geared toward inexperienced operators, but even professional contracotrs can use a refresher course during fall pruning season.
CHARLOTTE, N.C. – With hurricane clean up efforts throughout the Gulf Coast continuing and rising fuel costs prompting homeowners to consider heating with wood, more and more chain saws are landing in the hands of inexperienced operators. To emphasize the importance of chain saw safety, October is being recognized as Chain Saw Safety Awareness Month and Husqvarna is offering free brochures and pamphlets that provide proper chain saw techniques and safety tips. A manual titled "How to work with a chain saw" has been posted on the company Web site and is available for free download. The 16-page manual contains tips and instructions for starting, maintaining, and safely operating a chain saw. Also featured are techniques for tree felling, limbing, and crosscutting. The manual includes numerous color diagrams and photos to illustrate the step-by-step processes for completing each project. According to Tim Ard, professional products field manager for Husqvarna, "Anyone operating a saw for the first time should carefully review the owner’s manual and follow all safety guidelines." Ard, a 25-year veteran of the outdoor power equipment industry instructs 6,500 people annually throughout North America in chain saw safety and application and adds, "Protective apparel is one of the best ways to decrease the risk of injury while operating a saw." A properly outfitted operator wears protective chaps or pants, eye and ear protection, protective footwear and work gloves, and a helmet. Local Husqvarna servicing retailers are a great resource for selecting the right chain saw and protective apparel for the task at hand. In addition, participating retailers are offering free chain saw safety tip pamphlets to all customers during October. To locate the nearest Husqvarna retailer call 1-800-HUSKY-62 or visit www.husqvarna.com.
Royalty-based payment totals nearly $250,000.
CLEVELAND, Ohio – As a leading grower and supplier of professional turf seed for many years, LESCO has developed extensive research and development relationships with some of the nation’s top turfgrass programs. These partnerships of top-flight research talents and industry-leading sales and marketing brings turfgrass professionals unparalleled access to premium turf varieties, such as LESCO’s Padre Tall Fescue and Glenmont Kentucky Bluegrass. Along with others, these two varieties were developed by Rutgers University professors and then licensed to LESCO for sales and marketing purposes. And LESCO’s sales this year of seed varieties developed at Rutgers have resulted in a $239,000 payment from LESCO to Rutgers. “Rutgers is undoubtedly one of the country’s finest turfgrass programs,” stated Michael DiMino, LESCO’s president and chief executive officer. “LESCO has enjoyed a long-standing relationship with the university that has been good for both of our organizations, and we look forward to many more years of working together to bring innovative and quality turfgrass varieties to lawn care, golf course, sod growers, sports turf and other turfgrass professionals across the country.” In 2004, LESCO sold more than $60 million worth of turf seed and grew more than 32,000 acres of turfgrass. The company’s proprietary varieties include such well-known names as Princeville creeping bentgrass for golf course tees and fairways and Shamrock kentucky bluegrass for a wide range of residential and commercial property uses.
Event comes to Nashville in early March with presentations from acclaimed landscape designers.
NASHVILLE, Tenn. – “Jazz It Up – Can You Dig It?” is the theme for the 2006 Nashville Lawn & Garden Show set for March 2 through 5, at the Tennessee State Fairgrounds. The popular annual event, the largest gardening show in Tennessee, attracted more than 24,000 people from throughout the mid-south region in 2005.
Highlights of the four-day event include an acre display of live gardens, 250 exhibit booths of horticultural products, services and equipment for show and sale, a floral design gallery, and a free lecture series on a variety of horticulture and gardening topics. Among the featured speakers at the 2006 show will be Julie Moir Messervy, one of the nation’s foremost landscape designers, and R. William (Bill) Thomas, executive director and head gardener of Chanticleer, a 35 acre garden near Philadelphia that has been described as one of the most diverse and beautiful public gardens in the United States.
“No garden is ever complete; there is always room for improvement and ways to ‘jazz it up,’” said Randall Lantz, co-manager of the event. “The 2006 show will spotlight the variety of ways to introduce some ‘jazz’ into gardening, whether it is by plant selection, construction elements, lighting or new horticultural products. The phrase ‘dig it’ will take on a whole new meaning for gardeners after the 2006 Nashville Lawn & Garden Show.” Messervy, who received the American Horticultural Society’s 2005 Great American Gardeners Award for Landscape Design, will speak Saturday, March 4 about the Toronto Music Garden, a three-acre public park based on J.S. Bach’s “First Suite for Unaccompanied Cello,” which she created in collaboration with cellist Yo-Yo Ma and the City of Toronto. On March 5, she will lecture on Creating the Landscape of Home, a discussion of how to remove traditional barriers between the home and its surroundings to produce a unified design. Bill Thomas will speak on March 2, to provide an insider’s look at Chanticleer, a relatively young garden that was one of the first to incorporate lush tropicals outdoors mixed with hardy plants, emphasizing foliage color and texture, rather than flowers. The Nashville Lawn & Garden Show is popular with amateur horticulturists and gardeners because it is a hands-on, information-gathering event. The creative garden displays and the one-stop-shopping opportunities for garden enthusiasts have made the show one of the largest annual events of any kind presented in Nashville. All garden displays and exhibit booths are located indoors at the Tennessee State Fairgrounds, where there is ample free parking. The show is produced by the Horticultural Association of Tennessee (HAT), which uses the proceeds to benefit Tennessee horticulture projects statewide. For information on the 2006 Nashville Lawn & Garden Show telephone 615/876-7680 or visit www.nashvillelawnandgardenshow.com. |
In the united states, many employees report that they are unethical at work because they:
Pos Terkait
Copyright © 2024 ketajaman Inc.
