Reference no: EM133614191
Question: In this research paper, Feldman and Kaplan argue that human beings can never be free of bias or fallibility due to the concept of "bounded ethicality". Bounded ethicality states that human ethics are limited by the fact that they cannot make a full objective critique of their own behaviour. Therefore, human ethics are bounded by bias.
Feldman and Kaplan's paper argues that big data can be used to mitigate the impact of bounded ethicality, as big data can be used to identify behavioural misconduct before it has severe consequences for the organisation. As you engage with this reading, you may find it useful to focus on the following sections:
As you read through the research paper, consider the following questions:
What does "bounded ethicality" mean to you?
What is driving the increasing importance of ethical considerations in organisations?
Does the law enforcement in your country provide enough ethical guidance for organisations? What is the reason behind your response to this question?
Questions.
In your discussion, speak to the following points:
What kind of behaviour resulted in the ethical failure?
What kinds of tension or conflicts manifested as a result of the ethical failure?
As a compliance officer, do you feel that you would be able to hold the stakeholders accountable for the ethical failure, even in the case where it was technically not a breach of the legislation?