This paper is a review of a research conducted by Julia Casson whereby she seeks to review the ethical factors of corporate governance and the guidance in relation of EU stipulations. The review will focus on the various methodological and result-oriented aspects of the research in order to identify the fundamental issues raised by the author.
Evidently, the research has three distinct and important objectives which it sets to accomplish in the process of research. First, the research seeks to review the ethical issues revolving around the policies corporate governance, the corporate framework of the European Union and the policies if all states that subscribe to the union. Second, it seeks to identify the differences and similarities portrayed by the various members’ states as far as governance is concerned. Lastly, the research study focuses on the degree to which ethical issues are being considered as critical players when it comes to creating trust in business.
In order to accomplish these objectives, the researchers sought to determine whether the members of the board made reference to pre-selected ethical aspects during decision making. Secondly, the researchers sought to determine whether there are ethical frameworks that guide the board members on how to operate and make decisions. Lastly, they evaluated whether the board members were under a strong obligation to tackle some issues with strict ethical actions.
As part of the findings, it was noted that EU does not have effective use of ethical language and reference of ethical imperatives (Casson 41). Instead, the EU stipulations are legally soft and principle-based such that they do not provide the required ethical standing. In that case, therefore, the researchers pose the question of whether the situation should be addressed.
Casson, Julia. "Review of the Ethical Aspects of Corporate Governance Regulation and Guidance in the EU." Business Ethics 8 (2013): 4-43. Print.