Why are business ethics important to UCLA?
• We are responsible for upholding the public trust. • We are accountable for spending and using our resources the way they were intended. • We are accountable to our “stakeholders” — donors, funding agencies, students, parents and employees. Public employees are expected to be examples of good citizenship. Employees of the University have a responsibility to make all professional decisions based on merit, unimpeded by conflicting personal interests. We are expected to avoid even the appearance of impropriety. Our reputation is important because it affects the University’s ability to attract students, faculty and staff. Our reputation also influences the quality of research performed, the community’s perception of us and our standing as a renowned public institution. Consequences of unethical behaviors may include: • Criminal charges and/or fines • Lawsuits • Ruined careers • Damage to the organization’s reputation • Wasted time • Low morale • Recruiting difficulties • Oppressive legis