Chapter 4) Demanding Ethical and Socially Responsible Behavior - Assignment Example

Demanding Ethical and Socially Responsible Behavior What are the ethical implications of rewards for the whistleblowers? The first implication is that one is being rewarded for carrying out an honorary act of stopping wrongs from continuing to be committed in the society. However this is not the view that everyone takes when payments are made to whistleblowers and has continued to be a debate. There is also the view that the reward is an incentive for employees to unveil the evil being conducted by their employers in order to make society a better place.

Others view the reward for whistleblowing as a form of bribe by the SEC for telling on the companies and employers’ activities to them. This negative ethical implication leads to a revenge mission on the part of the affected parties and the whistleblower(s) have to relocate or even at times go into witness protection program to protect them from revenge by wounded corporations and employers.Do you believe these rewards are ethical? Why?These rewards are ethical because they are just a token of appreciation by the SEC for the ultimate unveiling of the crimes taking place in the corporations and they save the country millions if not billions of dollars as well as prevent the citizens from being defrauded anymore like in the Ponzi schemes.

By blowing the whistle, the whistle blower has conducted an honorary thing but may be out of job and not easily get another job. Their life may also be in danger from those who were not happy to be unveiled. The money will therefore cushion their future for a while before they stabilize or even forever depending on how much it is. Work CitedNickels, William, James McHugh and Susan McHugh. Understanding Business, 10th Ed. New York: McGraw-Hill Higher Education, 2012.