Which of the following statements regardingbusiness ethics is NOT correct?According to Bagley in The EthicalLeader's Decision Tree, directors'obligation is to manage the corporation"for the best interests of the corporation",which might not be “maximizingshareholder value" all the time.According to Bagley in The EthicalLeader's Decision Tree, when there is noestablished ethics policy, directors canturn to their company values statementfor guidance about what constitutesethical business behavior.According to Epley and Kumar in How toDesign an Ethical Organization, a betterway to manage ethics is to designworkplace context that encourage goodbehavior. Keeping prosocial values top ofmind for employees as they makedecisions will reduce the likelihood oftransgressions.According to Epley and Kumar in How toDesign an Ethical Organization, the "toneat the top" is a much more significantdriver of employees' behavior than "tonein the middle".

Answer Explanation: According to the HBR article, “Most leaders intuitively acknowledge the…

Answered: Design an Ethical Organization, the…

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter3: Demand Analysis

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