CHAPTER 4 CHAPTER OUTLINE What Is Managerial Ethics? Criteria for Ethical Decision Making Utilitarian Approach Individualism Approach Moral Rights Approach Justice Approach Factors Affecting Ethical Choices The Manager The Organization What Is Social Responsibility? Organizational Stakeholders The Ethic of Sustainability and the Natural Environment Evaluating Corporate Social Performance Economic Responsibilities Legal Responsibilities Ethical Responsibilities Discretionary Responsibilities
Words: 21252 - Pages: 86
Effectively Compensation Through Collective Bargaining Devita R. Ewell Compensation can be accurately defined as something, or a sort of payment, that is generally given or received, in return for a service rendered, or for any other reason. There are several different types of compensation, and one example is ‘worker’s compensation’, wherein the government forms a sort of state sponsored insurance for the workers of the state, which would provide benefits to the workers in case the
Words: 3181 - Pages: 13
TISSA – UUM SECOND SEMESTER SESSION 2015/2016 BKAA2013 AUDITING AND ANSURANCE 1 GROUP ASSIGNMENT BARINGS COLLAPSE GROUP C PREPARED TO: DR. ROSE SHAMSIAH BT SAMSUDIN PREPAED BY: NAME | MATRIC NO. | CHAN KHAI QING | 233058 | TAN JIE YING | 233076 | YAP YEE WAN | 233152 | SUBMISSION DATE: 15 MAY 2016 TABLE OF CONTENTS 1.0 Case Summary 1 2.0 What are Ethics? Generally, why do people act unethically? 2 3.0 Justify why is there a special need for ethical conduct in
Words: 6001 - Pages: 25
The Effects of the Sarbanes-Oxley Act There have been widespread reactions to corporate scandals which have become seemingly common in corporate America. Government reaction to these unethical corporate and accounting scandals has led to regulation and intervention. The Sarbanes-Oxley Act of 2002 is seen as a response to the lack of corporate governance present in many corporations. The Sarbanes-Oxley Act of 2002 is also known as the Public Company Accounting Reform and Investor Protection Act of
Words: 2870 - Pages: 12
Running head: ETHICAL ISSUES IN SATYAM SCAM 1 A Study of Ethical Issues in Satyam Scam Haresh M Patel (Roll No.2234) B.K.School of Business Management (Evening Programme) Ethical Issues in Satyam Scam Abstract “Reputation is an idle and most false imposition: oft got without merit, and lost without deserving”. Failed institutions, including Lehman Brothers, Enron and Satyam, would stand a testimony to this affray in a post-mortem analysis. This paper discusses corporate ethical issues involved
Words: 6230 - Pages: 25
Enron, Ethics, and the Law BUS 375 Enron, Ethics, and the Law This paper will explain the history of Enron and were it failed. These failures led to many changes that today’s employees must know about and then be trained to avoid those same mistakes. While this company was based in the United States their failures had a global impact that has caused cultural changes across the world. These changes have caused employee ethics training to be changes across the world. Like everything else in the workplace
Words: 2837 - Pages: 12
The Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is a federal agency that provides protection for investors and regulates the bulk of the securities industry including: U.S. stock exchanges, options markets, and other electronic exchanges and securities markets. The Securities Exchange Act of 1934 created the laws that regulated it. The Securities Exchange Act of 1934 is a law governing the secondary trading of securities in the U.S. The commission's division
Words: 1948 - Pages: 8
Globalization and our Responsibilities Vanessa Strachan Saint Leo University Globalization and our Responsibilities Globalization Globalization is the integration of the world’s economies; it helps to increase productivity, which can raise the standard of living. It is driven by technology advancements in communications and transportation and motivated by the desire for free markets. “Globalization can be technological (the Internet), economic (trade, pro- duction), cultural (television)
Words: 2087 - Pages: 9
money or monetary gain can influence people to do unethical things either in the workplace or in everyday life. Ethics can be defined as beliefs that distinguish right from wrong. These beliefs are normally passed down from family so you make the right decisions in the future. Morals are also on the same line as ethics when talking about doing the right thing.... Ethics Officer - ... A code of ethics also helps to empower employees to report unethical behavior witnessed by coworkers or executives within
Words: 5724 - Pages: 23
* Common Threats to an AIS Natural and Political Disasters | Software Errors and Equipment Malfunctions | Fire or excessive heat, Floods, Earthquakes and landslides, Hurricanes, tornadoes and high winds, Blizzards, snowstorms, and freezing rain, war and attacks by terrorists. | Hardware or software failures, Software errors or bugs, Operating system crashes, Power outages and fluctuations, undetected data transmission errors | Unintentional Acts | Intentional Acts | Accidents caused by human
Words: 1792 - Pages: 8
