Companies that outperformed their peers environmentally performed better on the stock market by as much as 2%. The Storebrand Scudder Environmental Value Fund selects firms that rank in the top third in environmental performance within their indust Continue Reading...
The less direct the impact, the more likely the stakeholder is to use consequentialist considerations to just the actions of managers. For example, government did not react to the need for improved governance and pass Sarbanes-Oxley until after mult Continue Reading...
Therefore, corporations have had to change their viewpoints and start looking at the long-term consequences of their behavior, as well as looking at the bottom line. Businesses also have to be concerned because consumers have also become aware of e Continue Reading...
589). This may sound harsh, but it has been shown in many countries that this is the best practice for the employment and the economy. While conditions in some sweatshops are unimaginable, in many countries sweatshop workers actually have better wo Continue Reading...
Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differ Continue Reading...
Business Ethics Ethical Egoist- Egoism can be either descriptive or normative. Descriptive egoism holds that for each individual, there is only one ultimate aim -- survival and the betterment of the sole individual based on their own hierarchical pr Continue Reading...
For example, AIG got into a lot of trouble during the Great Recession because it was paying retention bonuses so that people about to be laid off would stay on but this was controversial because AIG got bailed out by the federal government. Even tho Continue Reading...
However, the issue is more nuanced -- what if, as a humanitarian effort, a pharmaceutical company sold recently expired drugs at very low cost to an impoverished developing nation in the grips of an epidemic? What if a food company donated food tha Continue Reading...
The treatment of the undocumented workers has legal and economic implications, but is only an issue in the political arena. Companies that hire illegal immigrants are being socially responsible. The argument that illegals suppress wages is not base Continue Reading...
Business Ethics: Corporate Social Responsibility and the Triple Bottom Line Picture two companies, Company A and Company B. Company A manufactures chemical products and has been on the receiving end of criticism and public outcry for the air and wat Continue Reading...
In that regard, even the protections available in more sophisticated societies cannot prevent major governmental corruption, exploitation, or unethical business practices in the private sector. Therefore, the prospect of expanding our company prese Continue Reading...
Business Ethics 9224 The Waiter Rule: What Makes for a Good CEO? Is character an essential ingredient in ethical leadership? Is it especially important in managers? In leadership, especially among CEOs, is character important? Character: An essent Continue Reading...
The Bank CEO's Role in Defining Ethical Integrity Based on a thorough review of existing literature of the role of ethics in the banking industry, the role of the CEO as the ethical leader of their organization is next discussion. Based on the con Continue Reading...
Should Flavorful Health be allowed to have a "100% Vitamin RDA" package icon despite the fat content, which is listed on the back? No. Doing so is deceptive and violates the fundamental principle of honesty, or truth in advertising. The phrase its Continue Reading...
Discouraging office romances will not eliminate such concerns entirely, because people also form strong friendships at work, and such friendships can lead to suspicions of some kind of unfair application of privileges, promotions, salary, or resourc Continue Reading...
Ironically, the single most important thing a university could do might be to suspend all forms of grading by the traditional test methods. Even without cheating, the focus on grades only encourages studying to perform on test instead of learning f Continue Reading...
Corporate Accountability The corporate scandals of the last fifteen years have brought the issue of corporate accountability to new light, adopting at times a center-stage discussion. When the Bernie Madoff scandal broke, many professionals turned Continue Reading...
Employees are being rewarded for their honesty, and managers continue to encourage communication between supervisors and subordinates. Management is also looking for ways to encourage employees to tell the truth about other employees who may be invo Continue Reading...
Business Ethics and Positive Social Change: The Ford Pinto Fiasco How much is a human life worth? Most people would likely agree that human lives are priceless, but the executives at Ford Motor Company made this type of grisly calculation when they w Continue Reading...
Hypothesis Five In the fifth hypothesis of measuring the business ethics levels of Taiwanese ITPs the Null and Alternative Hypotheses are defined as follows: H0: In the ethical climate of independence, the business ethics level of Taiwanese ITP's Continue Reading...
Business Ethics Changes in U.S. Business Ethics Practices Changes in U.S. Business Ethics Practices Since Sep 11, 2001 The incident of 9/11 made the world pass though many sad and undesirable changes. One of such changes is declining rate of ethic Continue Reading...
Ethics Lauren is faced with a choice between letting a substandard product go through, which would require her to lie, and reporting, it above her supervisors' heads, which would damage her relationship with those supervisors. As there is no outcome Continue Reading...
business ethics in the 21st century. Business ethics are under increased scrutiny today, and companies like Enron and WorldCom redefine corporate business ethics, lack of ethics, and their punishments when greed prevails over ethics. Business ethics Continue Reading...
Alcohol and Business Ethics Introduction moral society is built on the basis of a number of unspoken, but generally agreed upon social issues. A moral society generally applies the maxim "treat others in the way you would like to be treated" and thi Continue Reading...
How long will others in positions of power or wanting to be in positions of power remember that the gains do not outweigh the losses? In the best case scenario, it would have been personally satisfying to know that anyone who knew of this situation Continue Reading...
Ethics, Morality, & Medicine in My Sister's Keeper Ethics & Morality Ethics, Morality, & Medicine in My Sister's Keeper Ethics, Morality, & Medicine in My Sister's Keeper Both ethics are morality of topics of philosophical discour Continue Reading...
Ethics Statement I base my personal ethics on the rights and responsibilities lens from the Four Ethical Lenses. This lens focuses on the key questions such as: What rules and duties must we follow? And What rights are relevant? This standard of e Continue Reading...
Ethics are often stronger than the laws of the land. Laws are cobbled together by special interests and have little to do with right and wrong, or personal ethical codes. For most people, their own personal codes of ethics will be stronger than the l Continue Reading...
Accepting Client Assignments Outstanding client service begins with a full understanding of the client organization, its business needs and the position to be filled. An AESC member should: Accept only those assignments that a member is qualified Continue Reading...
Ethics Leadership Analysis One of the biggest advantages of globalization is that many different companies are able to receive cheap labor to produce a wide variety of products that are sold at numerous retail stores in the United States. However, a Continue Reading...
One set of concepts from each area was utilized to explain how the situation at Grand Bois may have come about. The end goal of the authors was to "provide business practitioners, ethics teachers, and readers interested in corporate conduct with ins Continue Reading...
In addition, we might ask ourselves if the richer nations have or not a greater responsibility as far as the research and development in the area of sustainable energy are concerned. (Reid, environmentalleader.com) Believing that there are such ene Continue Reading...
Ethics According to the dictionary definition, ethics refer to the "set of principles of right conduct, or more specifically, "the rules or standards governing the conduct of a person or the members of a profession." Ethics and morals are closely re Continue Reading...
Ethics Application Ethics inventory is a program that evaluates ones particular ethical style. Everyone has their own view of ethical behavior and expectations hence it is important everyone to realize for everyone to realize what that perspective i Continue Reading...
Ethics are a number of behavioral guidelines that essentially stipulate what acts are inherently wrong. These acts include murder, rape, fraud, deceit, slavery, genocide, and torture to name a few (Paul 2003). Ethics, as opposed to morals, tend to be Continue Reading...
Consequence-based ethics c. I believe people should be able to eat sand because it is the right thing to do. Duty-based ethics d. I believe people should be able to eat sand because it is good for one's health. Virtue ethics e. I believe people s Continue Reading...
This means that you must continually monitor and communicate about possible changes, pertaining to the overall scope of the threat. Once this occurs, is when an entity will have an effective security procedure that will adapt to the various changes Continue Reading...
In the former approach, tradable goods, money or services are exchanged between buyers and sellers at a rate that is agreeable to all parties. This approach assumes both the buyers and sellers have enough money, services or goods to have their needs Continue Reading...
Conversely, the individual with integrity understands first, that moral issues never hinge on gender and that casual sex cannot be moral for one person and immoral for another person based on gender, and second, that in any case, a woman's prior sex Continue Reading...
