Topic > The Effect of Unethical Methods in the Corporate World

Bad corporate actions in the United States have contributed to the collapse of numerous companies, as occurred in 2002 with Enron and others. Currently, there are many people who are hesitant to trust everything they hear about the integrity of some companies. In 2002, we experienced what happens when corporate integrity is ignored. The American people have experienced a scandal that has rocked our nation's economy with companies like Enron and WorldCom, among others, being responsible for their employees' failure to uphold corporate integrity by their CEOs and have welcomed the decisions of the managers. The American people believe that corporations have benefited from a failed system that neglected to ensure that all corporations maintained good corporate integrity and that the government held them accountable for their wrongdoings. The general public here in America continued to believe that during the dark times of the Enron disaster, the government did little to punish those who were making unethical decisions and the system was gamed by some corporate executives; those who executed their orders at the expense of investors. It is necessary and important for our society to keep corporate integrity under control, otherwise we may endure further corporate collapses or suffer again from those executives being taken in. Over the last 25 or 30 years, businesses in America have grown significantly in power and size. . Globalization has changed the way companies do business and remains an endless discussion for those who see it as good or bad for the corporate world. Large companies like the Walmart retail store have emerged as a huge and dominant global organization. According to Mora… halfway through the document… employees should feel they can speak up if they see unethical behavior in the workplace without feeling like the company or individual might retaliate. Employees must trust their colleagues. If a company has esprit de corps, it could monitor its own behavior. One of the most important qualities that should be established in the workplace is a strong employee-manager relationship. If both the employee and the employer had a good relationship, both would look out for the best interests of the company; corporate integrity would be a priority. According to the "tone from the top" principle, the business leader should make repeated efforts throughout the company to highlight the importance to the organization of compliance and ethical conduct, which could be accepted and integrated into every single level of the organization. company activity.