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Cards In This Set
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WHAT IS ETHICS?
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Standards of moral behavior, that is, behavior accepted by society as a right versus wrong.
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WHAT IS COMPLIANCE-BASED ETHICS CODES?
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Ethical standards that emphasize preventing unlawful behavior by increasing control and by penalizing wrongdoers.
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WHAT IS INTEGRITY-BASED ETHICS CODES?
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Ethical standards that define the organization's guiding values, create an environment that supports ethically sound behavior, and stress a shared accountability among employees.
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WHO ARE WHISTLE-BLOWERS?
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Insiders who report illegal or unethical behaviors.
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WHAT IS CORPORATE SOCIAL RESPONSIBILITY (CSR)?
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A business's concern for the welfare of society.
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WHAT IS CORPORATE PHILANTHROPY?
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The dimension of social responsibility that includes charitable donations.
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WHAT IS CORPORATE SOCIAL INITIATIVES?
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Enhanced forms of corporate philanthropy directly related to the company's competencies.
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WHAT IS CORPORATE RESPONSIBILITY?
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The dimension of social responsibility that includes everything from hiring minority workers to making safe products.
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WHAT IS CORPORATE POLICY?
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The dimension of social responsibility that refers to the position a firm takes on social and political issues.
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WHAT IS INSIDER TRADING?
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An unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends.
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