Ethics & Technology | Compare the employer and employee positions on electronic monitoring at the workplace

Compare the employer and employee positions on electronic monitoring at the workplace.

As an employee of an organization, your productivity during your time at work represents the performance portion of the pay-for-performance contract you entered into with the company when hired you. Therefore, your actions during that time are at the discretion of the company. The organization has an obligation to its stakeholders to operate as efficiently as possible, and to do so it must ensure that its company resources are not misused. From an employee's viewpoint, his or her contract should not intrude upon his or her civil rights as an individual. As such, employees should be notified of any electronic monitoring and its purpose. Electronic monitoring also implies that employees cannot be trusted, which raises the question: Why did the company hire that employee?



Source: Ghillyer_Business Ethics A Real World Approach 2e

Corporate Governance | What is the argument in favor and against of merging the roles of chairman and CEO?

What is the argument in favor and against of merging the roles of chairman and CEO?

The argument in favor of merging the roles of chairman and CEO is one of efficiency. By putting the leadership of the board of directors and the senior management team in the hands of the same person, the potential for conflict is minimized and, it is argued, the board is given the benefit of leadership from someone who is in touch with the inner workings of the organization rather than an outsider who needs time to get up to speed.

The argument against merging the roles of chairman and CEO is an ethical one. Governance of the corporation is now in the hands of one person, which eliminates the checks and balances process that the board was created in the first place. This type of situation compromises the independence of the board, and the powers of the stockholders are minimized.



Source: Ghillyer_Business Ethics A Real World Approach 2e

CSR | Corporate Social Responsibility 4 | Explain the term triple bottom line

Explain the term triple bottom line.

Organizations pursue operational efficiency through detailed monitoring of their bottom line. As a testament to how seriously companies are now taking CSR, many have adapted their annual reports to reflect a triple bottom line approach, where they provide social and environmental updates alongside their primary bottom-line financial performance.


Source: Ghillyer_Business Ethics A Real World Approach 2e