I. Profit Maximization A. Characteristics

Slides:

Advertisements

Similar presentations

Business Ethics for Real Estate: A. Glean

Advertisements

Ethical Decision Making & Information Technology

Accountability of FI  Banks CAN exert power through their lending decisions  Banks often limit themselves to credit checks.  Do Financial Institutions.

BUSINESS ETHICS "Let me appeal to your sense of doing things my way" Cartoon by P.C. Vey Copyright 2004, Harvard Business Review.

The Managerial Environment

Slides developed by Les Wiletzky Wiletzky and Associates Copyright © 2006 by Pearson Prentice-Hall. All rights reserved. Ethics and Social Responsibility.

I. Profit Maximization A. Premise: market should reward the seller producing the best product at reasonable B. Competition between sellers is a good C.

SOCIAL RESPONSIBILITY CHANGES MULTINATIONAL COMPANIES

Introduction to Financial Management1 Financial Management Decisions  Capital Budgeting Long-term Risk / timing  Capital Structure Debt vs. Equity 

Ethics in Business. What is ethical? Personally? Organizationally? Is there a difference? Is ethics situational?

I.1 ii.2 iii.3 iv.4 1+1=. i.1 ii.2 iii.3 iv.4 1+1=

I.1 ii.2 iii.3 iv.4 1+1=. i.1 ii.2 iii.3 iv.4 1+1=

Ethics and Social Responsibility

Chapter 29 Insider Trading. Insider Trading: Definition Inside information is material information that is not available to public traders. Material information.

Strategic Management. What is Strategic Management? The set of decisions and actions that result in the formulation and implementation of plans designed.

Economics, Ethics and Markets

Chapter Copyright© 2004 Thomson Learning All rights reserved 15 Managing Ethical and Social Responsibility Challenges in Multinational Companies.

Ethics and the Marketing Environment. Corporate Social Responsibility (CSR) Sustainability Must have a healthy society to sustain business. Pyramid.

MR1100 Ethics and Social Responsibility in Marketing Chapter 4.

Ethical Decision Making & Social Responsibility. Ethics ä The moral evaluation of decisions based on commonly accepted principles of behavior; the evaluation.

C H A P T E R 2 Stakeholder Relationships, Social Responsibility, and Corporate Governance.

SOCIAL RESPONSIBILITY AND ADMINISTRATIVE ETHIS. CONCEPTS OF SOCIAL RESPONSIBILITY  Classic Concept: Idea that the only social responsibility of the administration.

1. 2 Learning Objectives To understand: the elements or stages of the strategic management process the different perspectives on strategy development.

By: Ronald F. White, Ph.D. Professor of Philosophy College of Mount St. Joseph.

Marketing 3 Ethics and the Marketing Environment.

Chapter 4 Ethics, Law, Business. I. Ethics and Values Why Study Ethics? What is Ethics? Value Systems and Moral Beliefs 6 Influences That Shape Value.

Ethics, Social Responsibility & Leadership. Ethics ä The moral evaluation of decisions based on commonly accepted principles of behavior; the evaluation.

Humanities 375, September 8, Why are we reading this book? u 1. To raise your sensitivity to circumstances involving information technology that.

1 Chapter 3: Ethics and Social Responsibility Copyright Cengage Learning 2013 All Rights Reserved Introduction to Designed & Prepared by Laura Rush B-books,

Ethics and Social Responsibility in Marketing Chapter 3.

THE LEGAL ENVIRONMENT OF BUSINESS © 2006 Prentice Hall Ch. 8-1 A Critical Thinking Approach Fourth Edition Nancy K. Kubasek Bartley A. Brennan M. Neil.

1 Business Ethics and Social Responsibility l an oxymoron?!?! l What is GOOD vs. What is Bad! l behaviour of business and the treatment of stakeholders.

INTRODUCTION F Multinational managers face complex ethical issues F With an understanding of key ethical problems in multinational management, managers.

McGraw-Hill© 2003 The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill© 2003 The McGraw-Hill Companies, Inc. All rights reserved Chapter.

CORPORATE SOCIAL RESPONSIBILITY “A company’s intention beyond its legal and economic obligation to do the right things and act in ways that are good.

Ethics in Business and the Christian Life 5 Night 5 Thursday September 10, 2015.

Team B Michelle Barnes Sharl Flowers Alex Layton Andrew Miller Anh Linh Tran.

Ethics and Corporate Responsibility Chapter Five McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.

Ethics Management notes. Ethics – morals or personal rules for conduct.

Business Ethics Morals – Beliefs about what constitutes right or wrong behaviors Values – Desired ends or goals of society Ethics – The application of.

1 Business ethics and social responsibility (chapt. 10) an oxymoron?!?! What is GOOD vs. What is Bad! behaviour of business and the treatment of stakeholders.

McGraw-Hill/Irwin © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved. 4-1 Chapter Four Business Ethics, Corporate Social Responsibility, Corporate.

Stockholders, stakeholders, & the law ► Smith Manufacturing Case (New Jersey); 1953  Corporate contributions to Princeton University  Broader Issue:

DEVRY FIN 515 Week 6 Problem Set Check this A+ tutorial guideline at For more classes.

“The Right Perspective” Philippians 1:18-30

Government Green Paper on Executive Pay and Corporate Governance, November 2016 Jane Williams.

Chapter 2 Corporate Ethics

Regulation in Financial Accounting

of the “Development Bank of Kazakhstan” JSC (as at 31 December, 2015)

Know that Name Measuring Up Cycling Businesses Political Systems Know

On consideration of the Report on compliance with

Corporate Governance.

Know that Name Good Behavior B&B: Business Ethics Know that Term

Ethics Curtis Palmer Hypo

.  What is Ethics?  How is ethics related to economics.  The role of markets and market system.  Meaning of business ethics. (ch 03 Rezaee)  Governance,

Ethical Foundations.

Ethics and Social Responsibility in Marketing

Information Technology & The Business Environment

Defining Competitiveness

Ethical Considerations in the Health Care Environment

السيولة والربحية أدوات الرقابة المالية الوظيفة المالية

Ethical Foundations.

Ethics in Business and the Christian Life

International business ethics

CHAPTER 3 Selling Ethically.

Ethical Foundations.

Ethical Foundations.

Solving Equations 3x+7 –7 13 –7 =.

Chapter 5 Ethical Issues in Services Marketing

Presentation transcript:

I. Profit Maximization A. Characteristics B. Influence of market forces

II. Social Responsibility A. Characteristics B. Cost to society C. Advantages

III. Law as a Corporate Control Device A. Public dissatisfaction will lead to legislation prohibiting B. Limits on law's ability to control corporate behavior C. Corporate influence D. Law-breaking E. Unknown harms F. Irrational behavior

IV. Sources of Ethical Guidance A. Values that find wide acceptance B. Corporate or industry codes of conduct C. Constituency values

V. Corporate Governance Alternatives A. Restructuring boards of directors B. Restructuring management C. Greater shareholder value D. Issue of incentives for short-term profit vs. long-term

VI. Frameworks for Ethical Decision Making A. Deontology B. Teleology C. Egoism