ACC3611: Ethics and Ethical Dilemmas  A Practical Approach At present Bankers are Faced With a Highly Challenging Environment: Corporate Governance and Ethics Case Study, NUS, Singapore

Ethics and Ethical Dilemmas  A Practical Approach

Introduction

At present, bankers are faced with a highly challenging environment. They are presently subject to greater scrutiny and high demands from all stakeholders – the government, the customers, the employees, the society, and the regulator. Bankers are required to assume new functions and responsibilities as a result of new norms, laws, and roles.
The challenge of today’s economic scenario and the various ethical lapses that occur in financial institutions call for a more sophisticated approach in managing day-to-day work in the banks. Managers make decisions on a daily basis and that has an effect on the future of their organization. Not only does their decision impact their own jobs and livelihood, but it also has consequences (positive or negative) for business as a whole. Similarly, officials engaged in public service need to follow a strict code of ethics. In fact, it is a prerequisite for engendering public trust and fostering good governance. Citizens expect public servants to serve with fairness and to manage public resources ethically.

A)moral Agents in Organisations? The Significance of Ethical Organization Culture for Middle Managers’ Exercise of Moral Agency in Ethical Problem

Introduction
The aim of this study is to investigate qualitatively the significance of different dimensions of ethical organizational culture for middle managers’ exercise of moral agency in the context of ethical problems in the workplace.

Ethical Decision Making in Times of Organizational Crisis: The article describes a framework that identifies the event, organizational, and individual factors that threaten ethical decision-making in organizations facing discrete crises or in an ongoing crisis environment. Nine propositions are stated that predict threats to ethical decision-making during a crisis. A comparison between predictions from our model and from Jones’s (1991) model is made. Suggestions for research to test and refine the framework are proposed.