Bounded ethicality explains how predictable organizational pressures and psychological processes cause us to engage in ethically questionable behavior that is inconsistent with our own values and preferences.
Ethics Unwrapped Blog
Ethical fading occurs when we are so focused on other aspects of a decision that its ethical dimensions fade from view.
In a recent New York Times column, Floyd Norris noted in detail the obvious similarities between the downfall of Arthur Andersen during the Enron debacle and the recent troubles of Standard & Poor’s and other credit rating agencies (CRAs). Arthur Andersen was in an inherent conflict-of-interest situation. Like all auditors, it was paid by its […]
In teaching ethics in a business school, I typically focus upon decision making errors that well-intentioned people make. I do so because I believe that most of my students do have good intentions, as do most people in business. They want to have careers that they can be proud of. But even people of good […]