BUSINESS ETHICS & CORPORATE GOVERNANCE OCS AGENDA • Understanding Ethics • Managing Business Ethics • Corporate Social Responsibility • Complexity of Ethical Issues • Ethical Leadership • Evaluation of Corporate Governance • Internal & External Corporate Governance mechanisms • Corporate Governance Ratings OCS Scams OCS Values • Fundamental beliefs • Principles for good‚ right and just • Evaluate something vis-à-vis a Standard • Integrity‚ Patriotism‚ Fairness OCS Morals • Values attributing
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Chapter 3- Emphasizing Cultures‚ Ethics and Norms Learning Objectives 1. Where informal institutions come from? 2. Define culture- 4 main categories (language‚ religion‚ social structure‚ education) 3. Cultures systematically differ from each other 4. Importance of ethics and combating corruption 5. Norms with strategic responses when forms deal with ethical challenges 6. Debates- culture‚ ethics and norms 7. Implications for action Opening Case- Cartoons that Exploded Sep 2005- ‘Jyllands
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Title Assignment topic 1) What are your preferred definitions of business ethics and social responsibility Why have you chosen these definitions 2) What is one key issue in the area of business ethics and social responsibility that is relevant‚ currently‚ to your organisation and your industry (You need to explain the issue and show its relevance to your organisation/industry) 3) What strategies could your organisation adopt to address this issue (You need to explain these fully) Word count
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Business & Professional Ethics Notes Chapter 5: Corporate Ethical Governance & Accountability Modern Governance & Accountability Framework- To Shareholders & Other Stakeholders New Expectations- New Framework to Restore Credibility • A corporation’s reputation could be significantly affected by irritated stakeholders • Enron‚ Arthur Andersen‚ and WorldCom debacles showed the world the faults and vulnerabilities inherent in the old style shareholder-only governance and accountability model •
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Design & Business Ethics: A Literature Review Liberty University Online Dr. Maddox May 9‚ 2014 Abstract A review of the current literature regarding business ethics was conducted analyzing scholarly peer-reviewed articles about business ethics and their relation to leadership‚ managerial decision making‚ corporate social responsibility and overall corporate structure. Increased corporate scandals and the discovery of a rise in unethical business practices have thrown the topic of business ethics
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. RUNNING HEAD: Business Ethics across Cultures Business Ethics across Cultures John Doe Organizational Ethics and Social Responsibility Axia College Judith Orfao July 2‚ 2012 Many business leaders that conduct business globally face many challenges both morally and ethically. When these business leaders conduct business in other countries that are faced with many dilemmas‚ due to their lack of knowledge of that nations customs‚ culture or belief system. By understanding their customs
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The Impact and Influence of Business Ethics Ethics is a vital component of every business‚ and it is doubtful that a business will survive without having a strong stance and espoused value of ethical behavior. “There has to be two dimensions to leadership: performance and values” (O’Rourke‚ 2010‚ p. 61). In his discussion on business ethics O’Rourke (2010) also comments that every company should have a written statement of ethical behavior that encompasses all processes within the organization
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Business Ethics within Today’s Business See Yang University of Phoenix Business Ethics within Today’s Business Ethics are very important to all business people. Yet‚ many neglect ethics as an important part that plays a major impact upon a person’s success as a leader or advisor. Ethical dilemmas are faced everyday in the society. Which in today’s business world ethical issues like harassment‚ conflict of interest‚ and customer confidence issues does affects the community and organization
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Maxwell that the only ethical guideline you need for business ethics is the Golden Rule? How does Gill react to Maxwell’s view of business ethics? A: I don’t agree with John Maxwell that the Golden Rule should be the only guideline to making or determining if a decision is ethical‚ as one should look at the big picture in its totality. The Golden Rule for me personally is a standard in helping to make
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The Malaysian Business Code of Ethics (Rukuniaga) Introduction The Malaysian Business Code of Ethics is based on the religions‚ philosophical and cultural values of Malaysian. It was undertaken by national Consumer’s Protection Consultative Council and Ministry of Domestic Trade and Consumer Affairs to develop self regulation among traders in Malaysia. Objective The Malaysian Business Code of Ethics was formulated with the objective of: - * Preparing the main principles to be applied by Malaysian
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