Asked by Elaine Lenny on Sep 28, 2024

Which of the following is not a reason why the institutionalization of business ethics has progressed in recent decades?

A) Institutionalization of ethics is now mandated for all organizations by governments around the world
B) Stakeholders have recognized the need for improving business ethics
C) The government has stepped in when scandals and misconduct have damaged key constituents of businesses
D) Gatekeepers have been questioned as to their contributions to major scandals
E) Highly ethical companies tend to be more profitable than those suffering from misconduct issues

Institutionalization

The process by which certain practices or norms become established and accepted as a formal part of a society or organization.

Gatekeepers

Individuals or entities that control access to something, such as information, resources, or decision-making processes, often acting as a filter or checkpoint.

  • Understand the role of organizational ethics and compliance in boosting financial and non-financial outcomes.