David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 45 (4):375 - 385 (2003)
This article addresses the connection of ethics to risk management, and argues that there are compelling reasons to consider good ethical practice to be an essential part of such risk management. That connection has significant commercial outcomes, which include identifying potential problems, preventing fraud, the preservation of corporate reputation, and the mitigation of court penalties should any transgression arise. Information about the legal position, examples of cases, and arguments about the potential benefits of ethics are canvassed. The orientation of this article is essentially Australian. It is hoped that it may provide some insights of value to other countries.
|Keywords||Australia ethics governance management risk strategy|
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Citations of this work BETA
David C. Bauman (2011). Evaluating Ethical Approaches to Crisis Leadership: Insights From Unintentional Harm Research. [REVIEW] Journal of Business Ethics 98 (2):281 - 295.
Elaine M. Doyle, Jane Frecknall Hughes & Keith W. Glaister (2009). Linking Ethics and Risk Management in Taxation: Evidence From an Exploratory Study in Ireland and the Uk. [REVIEW] Journal of Business Ethics 86 (2):177 - 198.
Bernadette Loacker & Sara Louise Muhr (2009). How Can I Become a Responsible Subject? Towards a Practice-Based Ethics of Responsiveness. Journal of Business Ethics 90 (2):265 - 277.
Tae Hee Choi & Jinchul Jung (2008). Ethical Commitment, Financial Performance, and Valuation: An Empirical Investigation of Korean Companies. [REVIEW] Journal of Business Ethics 81 (2):447 - 463.
Amit Saini & Kelly D. Martin (2009). Strategic Risk-Taking Propensity: The Role of Ethical Climate and Marketing Output Control. [REVIEW] Journal of Business Ethics 90 (4):593 - 606.
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