The readings and discussion this week focuses on the public ethical expectations business leaders in general. In recent history, several events around the world have contributed to an erosion of the public's perception of corporate America. Many people have financial stake in businesses, therefore it is crucial that we take this obligation to the public seriously. Recently there has been an increased emphasis on management acknowledging and accepting their responsibility of implementing corporate governance.
Many methods are used to maintain these standards in the business profession, including government regulations, ethics course requirements in schools, and professional societies or associations that maintain codes of ethics. What method do you think leaders find most effective or beneficial?