Managerial Ethics

Managers have a responsibility to behave ethically and manage ethically. They set the example for all employees and will determine how effective ethics management can be. Ethical management provides a number of benefits, both to the company culture and financial gain of the organization.
Managerial ethics is a set of principles and rules dictated by upper management that define what is right and what is wrong in an organization. It is the guideline that helps direct a lower manager’s decisions in the scope of his or her job when a conflict of values is presented.