Lecture Corporate governance and ethics

The purpose of this chapter is: Classifying an organization’s culture and ethical climate; recognizing ethics challenges across the multiple functions of business; creating effective ethics polices, ethics training programs, ethics reporting mechanisms, and similar safeguards;...

18p haojiubujain04 27-07-2023 7 5   Download

In this chapter, you will learn: Understanding the relationship between business and society, and the ways in which they are part of an interactive system; considering the purpose of the modern corporation; knowing what is a stakeholder and who a corporation’s market and nonmarket and internal and external stakeholders are;...

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After studying this chapter you will be able to: Understanding why sometimes governments and business collaborate and other times work at arm’s length from each other, defining public policy and the elements of the public policy process, explaining the reasons for regulation, knowing the major types of government regulation of business,...

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Chapter 12 - Technology, organizations, and society. The goals of this chapter are: Defining technology and its characteristics, recognizing the evolving phases of technology throughout history and what fuels technological innovation today, examining how technological innovations have changed the way organizations operate and interact with their stakeholders around the world,...

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Chapter 15 - Consumer protection. After studying this chapter you will be able to: Analyzing the reasons for consumer advocacy and the methods consumer organizations use to advance their interests, knowing the five major rights of consumers, assessing the ways in which government regulatory agencies protect consumers and what kinds of products are most likely to be regulated,...

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The goals of this chapter are: Defining ethics and business ethics, evaluating why businesses should be ethical, knowing why ethical problems occur in business, identifying managerial values as influencing ethical decision making, recognizing how people’s spirituality influences their ethical behavior, understanding stages of moral reasoning, analyzing ethical problems using generally accepted ethics theories.

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In this chapter, students will be able to: Evaluating public issues and their significance to the modern corporation, applying available tools or techniques to scan an organization’s multiple environments, describing the steps in the issue management process and determining how to make the process most effective,...

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In this chapter, you learned to: Defining globalization and classifying the major ways in which companies enter the global marketplace, recognizing the major drivers of the globalization process and the international financial and trade institutions that have shaped this process in recent decades, analyzing the benefits and costs of the globalization of business,…

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The goals of this chapter are: Defining global corporate citizenship and observing it in practice, recognizing the many different approaches to managing corporate citizenship, understanding how the multiple dimensions of corporate citizenship progress through a series of stages,...

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Learning objectives of this chapter: Understanding the role of big business and its responsible use of corporate power in a democratic society, knowing when the idea of social responsibility originated and the phases through which it has developed, investigating how a company’s purpose or mission can integrate social objectives with economic objectives,...

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Chapter 11 - Managing environmental issues. After studying this chapter you will be able to: Knowing the main features of environmental laws in the United States and other nations, understanding the advantages and disadvantages of different regulatory approaches, assessing the costs and benefits of environmental regulation.

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Chapter 10 - Ecology and sustainable development in global business. In this chapter, you learned to: Understanding how business and society interact within the natural environment; defining sustainable development; assessing the major threats to the earth’s ecosystem; recognizing the ways in which population growth, inequality, and economic development interact with the world’s ecological crisis;...

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Chapter 13 - Managing technology and innovation. After studying this chapter you will be able to: Evaluating the growth in breaches of personal information privacy, understanding where these attacks come from and what their effects are, evaluating initiatives taken by government and business to minimize invasions of privacy, recognizing the emerging role and responsibilities of the organization’s chief information officer,…

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Chapter 14 - Stockholder rights and corporate governance. The goals of this chapter are: Identifying different kinds of stockholders and understanding their objectives and legal rights, knowing how corporations are governed and explaining the role of the board of directors in protecting the interests of owners, analyzing the function of executive compensation and debating if top managers are paid too much,...

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Chapter 16 - Employees and the corporation. Learning objectives of this chapter: Understanding workers’ rights to organize unions and bargain collectively, knowing how government regulations assure occupational safety and health and what business must do to protect workers, evaluating the limits of employers’ duty to provide job security to their workers,…

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Chapter 17 - Managing a diverse workforce. After studying this chapter you will be able to understand: Knowing in what ways the workforce of the United States is diverse, and evaluating how it might change in the future; understanding where women and persons of color work, how much they are paid, and the roles they play as managers and business owners; identifying the role government plays in securing equal employment opportunity for historically disadvantaged groups, and debating whether or not affirmative action is an effective strategy for promoting equal opportunity;…

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Chapter 18 - The community and the corporation. The objectives of this chapter are to: Defining a community, and understanding the interdependencies between companies and the communities in which they operate, analyzing why it is in the interest of business to respond to community problems and needs, knowing the major responsibilities of community relations managers,...

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Chapter 19 - Managing public relations. In this chapter, students will be able to understand: Examining the structure and activities of a public relations department, both domestically and globally; understanding how technology can enhance a public relations strategy for both small and large businesses; evaluating strategies used by business organizations to influence public opinion;…

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The purpose of this chapter is: Understanding the arguments for and against business participation in the political process, knowing the types of corporate political strategies and the influences on an organization’s development of a particular strategy, assessing the tactics businesses can use to be involved in the political process, examining the role of the public affairs department and its staff, recognizing the challenges business faces in managing business–government relations in different countries.

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Chapter 16 - Defining ethics and corporate social responsibility in the international marketplace. After reading the material in this chapter, you should be able to: The cost of doing bad business, ethics and the law, the MNC as good corporate citizen, can a company afford not to be ethical? the fight against corruption and bribery, government ant-corruption and bribery enforcement, anti-corruption /ethics policies of firms, global corporate citizenship.

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