Chapter 4 The Corporate Culture—Impact and Implications 149

Home Blog Chapter 4 The Corporate Culture—Impact and Implications 149

Chapter 4 The Corporate Culture—Impact and Implications 149

Chapter 4 The Corporate Culture—Impact and Implications 149

Chapter Objectives

After reading this chapter, you will be able to:

  1. Define corporate culture.
  2. Explain how corporate culture impacts ethical decision making.
  3. Discuss the differences between a compliance-based culture and a values-based culture.
  4. Discuss the role of corporate leadership in establishing the culture.
  5. Explain the difference between effective leaders and ethical leaders.
  6. Discuss the role of mission statements and codes in creating an ethical corporate culture.
  7. Explain how various reporting mechanisms such as ethics hotlines and ombudsmen can help integrate ethics within a firm.
  8. Discuss the role of assessing, monitoring, and auditing the culture and ethics program.
  9. Explain how culture can be enforced via governmental regulation.
Academic Research Pro