Ethics and Non-Profits
Essay by Nicolas • July 31, 2012 • Essay • 644 Words (3 Pages) • 1,674 Views
This article talks about the unethical behavior that continues to be amongst non-profits and
profits . The authors examine the factors that had influence moral conduct, to help organizations solve
that particular problem. The ethical issues that comes up in charitable organizations are the best way
to provide ethical behavior within the organizations. Rhode& Packel (2009).
There are professionals, who do work on issues dealing with ethics that are not suffering
from the economic failures. In the last decade moral and ethical meltdowns has brought a lot of
heartache to non-profit and profit businesses. The misconduct in corporate has been receiving great attention because of how the abuse was conducted and how much the cost was. It was reported that the most ethically challenged was the former CEO of Merrill Lynch & Co, CEO John Thai, he alone spent 1.22 million to redecorate his office in 2008, he also purchase a $1,400 trash can and an antique commode for $35,000, while the company had losses totaling $27 billion. (2008).
Greed comes in all corporate sectors, The EduCap Inc., which is a mute-billion dollar student
loan charity, had abused its tax-exempt status by making changes to the loans with excessive interest,
they also provided millions in compensation and gave lavish perks to the CEO, and her husband. They
had a private jet worth over $31 million to fly around family and friends.
According to CBS News poll, only a quarter of Americans believe that all top executives are
honest. The American Management Association Corporate Values Survey found that executives believe
there is a conflict with their company's public statements on ethics and with internal messages dealing
with realities. More than one-third of the executives said that even with following the law, they are still
being received as not always being ethnical.
Employee surveys brings up that American workplaces, fail to implement policies on integrity.
Between one-quarter and three quarters of employees observed misconduct being done but only half is
reported. In 2007 the National Nonprofit Ethics Survey, observed the employees had one act of
misconduct, and more than half of
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