The readings and discussion this week focuses on the publicethical expectations business leaders in general. In recenthistory, several events around the world have contributed to anerosion of the public's perception of corporate America. Manypeople have financial stake in businesses, therefore it is crucialthat we take this obligation to the public seriously. Recentlythere has been an increased emphasis on management acknowledgingand accepting their responsibility of implementing corporategovernance.
Many methods are used to maintain these standards in thebusiness profession, including government regulations, ethicscourse requirements in schools, and professional societies orassociations that maintain codes of ethics. What method doyou think leaders find most effective or beneficial?