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Ethical characteristics such as integrity, accountability, fairness, empathy, and transparency are fundamental to navigating moral challenges in organizations. These traits establish a framework that promotes responsible behavior in complex business situations. Ethical characteristics guide employees to make decisions that align with personal and organizational values, ensuring ethical consistency across all levels of operation.

Ethical qualities foster an environment that prioritizes the well-being and fair treatment of all stakeholders. Decisions rooted in integrity and empathy build trust and equity, strengthening relationships within and outside the organization. Accountability and transparency further reinforce ethical standards, ensuring that actions are justifiable and aligned with moral principles.

Organizations prioritizing ethical traits empower employees to address unethical practices effectively, even in challenging circumstances. Ethical behavior drives positive change by encouraging decisions that protect stakeholder interests and uphold organizational integrity. These traits are essential to fostering a culture of trust, promoting long-term sustainability, and ensuring that businesses operate in a manner that reflects their values and responsibilities to society.

From Chapter 15:

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15.5 : Ethics-Related Individual Characteristics

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15.1 : Ethics in the Financial and Investment Industry

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15.2 : Defining Ethics and What Is Ethical

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15.3 : Psychological and Descriptive Understanding of Ethical Decision Making

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15.4 : Individual Ethical Development

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15.6 : Implicit Individual Processes

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15.7 : Social Influences on Ethics

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15.8 : Groups and Ethics

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15.9 : Power, Leadership, and Ethics

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15.10 : Organizational Culture and Ethics

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15.11 : Compensation and Incentive Structures

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15.12 : Ethics Training

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