Managerial Perceptions about Employees misconduct and unethical practices

Managerial Perceptions about Employees misconduct and unethical practices

Introduction

The unethical practices and behaviors in an organization may include mislead of financial information for personal gain, misuse of funds, misrepresentation of revenue and expenses and many other unethical practices exist in the corporations today. Similarly, the control of corporate misconduct has become one of the greatest challenges for organizations today. It is contrived that the corporations are run by evil individuals who poison the system and the environment in which they work (Christopher, 2007). The corporations have an increased importance in our lives as we are connected by the things they produce, distribute and invest in. corporations include all the big scale organizations of a modern society. Some of the unethical behaviors of corporations include disposal of toxic material in the rivers, a mismanaged pension fund and misleading individuals regarding financial position are behaviors that are wrong and create hurdles for work.

Discussion

In the recent times there are many high profiled corporate misconduct cases and behaviors that has become a common thing for the corporations. Big giants like the Enron, WorldComm fiasco are involved in unethical practices along with their leaders. The big picture is that corporate ethics have taken a back seat to the profits and individual interests have come to play in these major corporations (Christopher, 2010).As more corporations are focusing on costs cut down employees in these companies have become cynical about the ethical culture of them (Businessweek, 2009). This has led to fraud and misconduct due to lack of respect of the company.

Research objectives

The main objective of this research is to understand the reasons for employee's misconduct in corporations and strategies used by the managers to promote ethical behavior.

Research Methodology

The information for this research paper was conducted through research papers available on the web. The information was compiled from the responses top leadership and human resource managers of large corporations have given in regards to employee misconduct and unethical practices.

The Importance of Business Ethics

According to a research conducted by the Corporate Executive Board, there has been a twenty percent increase in the misconduct of the employees in 2008. A strong relation was seen between weak ethical cultures of the corporations with increase in the level of misconduct of the employees. This leads to an overall decrease in the productivity of the company. In orderto control such situations a company needs to follow the policy of organizational justice where the belief amongst employees is that the company will not tolerate any kind of unethical behavior or misconduct (Businessweek, 2009). The ethical behavior of a corporation is its corporate social responsibility (Caroll, 1991). It is the responsibility of the business to do business activities within the norms and thus, does not harm its various stakeholders, employees and community at large (Jones, 2008). However, business ethics contradicts the traditional business belief of maximization of profit. A company without ethical conducts will lead employees into corrupt practices (Anand et al, ...