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Corporate Governance and Ethical Responsibility

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Corporate Governance and Ethical Responsibility
Corporate Governance and Ethical
Responsibility Research Paper
Marquita Jackson
Dr. Rhonda Evans
LEG 500 Law, Ethics, & Corp Governance
November 18, 2012

Dr. DoRight has recently been hired as the President of the “Universal Human Care Hospital”, where he oversees all departments with over 5,000 employees and over 20,000 patients at the medical facility. He has been provided with a broad set of duties and oversight of numerous departments, including business development, customer services, human resources, legal, patient advocacy, to name a few. He has managers in each department that he supervises and who work with him to address the needs of the various internal and external stakeholders of the hospital. Dr. DoRight discovers that some patients within the hospital have been dying as a result of a variety of illegal procedures by doctors and nurses, and negligent supervision and oversight on their part. This was brought to his attention in a few meetings and he told his Regional Director Compliance Manager and Executive Committee in January 2009. He was told by them that the matter would be investigated and they would report any findings to him as soon as possible. After two (2) years, there have been no results from the investigation and some patients are still passing away due to the negligent activities. He also answers to a board of trustees and interfaces with numerous community organizations and corporations who have various reasons for doing business with the hospital. Dr. DoRight continues to win awards for his leadership of the hospital and meeting business goals. He was recently named “Medical Business Executive of the Year” in 2011. Dr. DoRight has to address the needs of the various internal and external stakeholders. A stakeholder is a person who has something to gain or lose through the outcomes of a planning process, program, or project. These people can be affected by the decisions of an organization. Internal stakeholders are people



References: Halbert, Terry and Ingulli, Elaine. 2012. Law and Ethics in the Business Environment, 7th Edition. Mason, Ohio: Cengage Learning. Markwell, S. 2010. Identifying and Managing Internal and External Stakeholders Interest. HealthKnowledge.org. Retrieved from http://www.healthknowledge.org.uk/public-health-textbook/organisation-management- /5b-understanding-ofs/ma What is Quality Improvement. 2005. Who are the Stakeholders in Healthcare? Retrieved from http://patientsafetyed.duhs.duke.edu/module_a/introduction/stakeholders.html

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