2018-11-03T09:45:07+00:00

Caveat Emptor means "Let the Buyer Beware."

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Caveat Emptor means "Let the Buyer Beware."

Blowing the whistle is a long, tough slog in which people sacrifice careers, friends, and job security to do what they believe is right. While we may very much admire people who have the courage to blow the whistle, some of my research strongly indicates that public whistle blowing can damage both organizational and family lives. For example, one can secretly blow the whistle inside or outside the organization rather than publicly blow the whistle and risk the direct or indirect retaliations against you. Another individual can write an unsigned letter to influential people inside the organization alerting them that unethical behavior is being practice in the hopes that ethical powerful people will do something about the unethical behavior. On the other hand, one can even clandestinely threaten the offender with exposure if they do not stop the unethical activities. Yet where legal protections have grown, the number of whistle-blowers has stayed flat or even fallen.

1. Set forth in detail what you believe to be the necessary, ethical steps an employee should take when contemplating publicly blowing the whistle regarding an employer`s unethical actions.

Objectives
? Describe the value of ethical corporate governance.

? Explain the need for the business enterprise leadership structure to be highly ethical.

? Explain the importance of acting ethically in any given market.

Exercises
1. Set forth in detail what you believe to be the necessary, ethical steps an employee should take when contemplating publicly blowing the whistle regarding an employer`s unethical actions.

2. With regard to Question 1, what does the employee owe the employer?
Fellow employees? The public?

Professional Development

1. If you were the Chief Ethics Officer of your organization, what kind of ethical training would you recommend for the organization`s personnel? Explain in detail how such training would be exercised.

Issues to Consider
1. Caveat Emptor means "Let the Buyer Beware." In essence, this is an approach to doing business that exonerates sellers from any responsibility for selling defective items to unknowing customers. Why would such an approach to doing business in any market fail to demonstrate ethical leadership? What are a few of the ethical principles involved and how are they violated?

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