Consequences of validating unethical behaviors
Tara Duggan is a Project Management Professional (PMP) specializing in knowledge management and instructional design.
For over 25 years she has developed quality training materials for a variety of products and services supporting such companies as Digital Equipment Corporation, Compaq and HP.
In our capitalist society, the economy emphasizes private ownership in a privately controlled economy.
Companies exist primarily to make money for their owners and shareholders. Short-term profit tends to be more important than long-term success.
One could make the case that at no time during the last 20 or 30 years have business ethics been of such paramount importance to the well-being of our business and government entities and our way of life in this country.Avoid these situations by acting responsibly in the first place.Employees prefer to work at companies where they will be treated with dignity, respect and fairness.Whether a company has outside investors, relies on venture-capital funding or reinvests its own profits, keeping accurate records is essential to long-term success.Announcing large returns that are the result of fraudulent accounting can lead to issues that ultimately hurt a company's performance.