Ethics as a Risk Management Strategy: The Australian Experience

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, preve...

Full description

Saved in:  
Bibliographic Details
Authors: Francis, Ronald (Author) ; Armstrong, Anona (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer Science + Business Media B. V 2003
In: Journal of business ethics
Year: 2003, Volume: 45, Issue: 4, Pages: 375-385
Further subjects:B Ethics
B Strategy
B Risk
B Management
B Governance
B Australia
Online Access: Volltext (JSTOR)
Volltext (lizenzpflichtig)
Description
Summary: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.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/A:1024163831371