Corporate Culture, Governance, and Ethical Leadership
L E A R N I N G O B J E C T I V E S
After reading this chapter, you will be able to:
• Define corporate culture;
• Explain how corporate culture impacts ethical decision making;
• Discuss the role of corporate leadership in establishing the culture;
• Explain the difference between effective leaders and ethical leaders;
80 Chapter 4
• Discuss the role of mission statements and codes in creating an ethical corpo- rate culture; •
Explain how various reporting mechanisms such as ethics hotlines and ombudsman can help;
• Integrate ethics within a fi rm;
• Discuss the role of assessment, monitoring, and auditing of the culture and ethics program;
• Explain how culture can be enforced via governmental regulation.
