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whistleblowersAn unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends.insider tradingThe dimension of social responsibility that refers to the position a firm takes on social and political issues.corporate policy (adsbygoogle = window.adsbygoogle || []).push({});Enhanced forms of corporate philanthropy directly related to the company's competencies.corporate social initiativesEthical standards that emphasize preventing unlawful behavior by increasing control and by penalizing wrongdoers.compliance-based ethics codesA systematic evaluation of an organization's progress toward implementing socially responsible and responsive programs.social auditThe dimension of social responsibility that includes everything from hiring minority workers to making safe products.corporate responsibilityStandards of moral behavior, that is, behavior accepted by society as right versus wrong.ethics The dimension of social responsibility that includes charitable donations. (adsbygoogle = window.adsbygoogle || []).push({});corporate philanthropyEthical standards that define the organization's guiding values, create an environment that supports ethically sound behavior, and stress a shared accountability among employees.integrity-based ethics codesA business's concern for the welfare of society.corporate social responsibility (CSR)Are insiders who report illegal or unethical behavior?Whistleblowers -- Insiders who report illegal or unethical behavior. Involve outsiders such as suppliers, subcontractors, distributors and customers. The ethics code must be enforced.
What is based Ethics Code emphasizes the prevention of unlawful behavior by increasing control and penalizing wrongdoers?Compliance-based ethics codes emphasize preventing unlawful behavior by increasing control and by penalizing wrongdoers.
What are the three questions to answer when faced with a potentially unethical action?We can put or business decisions through an ethics check by asking three questions (1) is it legal? (2) Is it balanced? and (3) How will it make me feel?
What is the difference between integrityWhereas compliance-based ethics codes are concerned with avoiding legal punishment, integrity-based ethics codes define the organization's guiding values, create and environment that supports ethically sound behavior, and stress a shared accountability among employees.
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Unethical activity whereas insider use private company information to further their own fortunes
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