| An Introduction to Business Ethics Joseph R DesJardins,
College of St. Benedict
Employee Responsibilities
Chapter OverviewChapter six begins with an extensive account of the transactions leading to the financial collapse of Enron and of Arthur Andersen's failure to fulfill its professional responsibility for properly auditing and providing unbiased and accurate financial reports about these transactions. The chapter then goes on to critically analyze the narrow view of employee responsibilities and why that view is ethically questionable. The duties nonmanagerial employees owe their firms' owners are considered at length, along with a discussion of the professional ethics of managers, casting a critical eye on what constitutes conflicts of interest for these employees. Next, the meaning of trust and loyalty in the workplace is reviewed in great detail. The chapter concludes with an analysis of the ethical responsibilities employees and others have to third parties in terms of honesty, whistleblowing, and insider trading.
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