The business case: Creating stakeholder trust improves the bottom line
Patricia E. Dowden and Philip M. Nichols
August 19, 2015
In our first post we proposed a universal business ethics principle: “A basic duty of every organization is to earn stakeholder trust.”
Our hypotheses are: 1) trust is based on the expectation of reliable behavior, 2) attributes of reliable behavior generally align with ethical behavior, and 3) therefore trust is a valid proxy for evaluating ethical behavior.… Continue Reading