COMM 315 Lecture 4: 315 notes-cases2
20 Jan 2017
School
Department
Course
Professor
Document Summary
A mandate is being on a board of directors of a corporation. A corporation is a piece of paper, so it needs people to control it and tell the legal person what to do. As the board of directions, you are responsible to make decisions on behalf of the legal person. You are the mediator, they are the mandatory. In article 322, it tells you about your rights and responsibilities as a directors. Many codes of ethics have become laws. Has often been criticised as very time consumer and excessively expensive that favours rich. Law alone does not always provide an adequate solution to social issues. Canadian companies should actively promote the philosophy that acting as a good ethical corporate citizen is not an obligation imposed by law, but the right thing to do. Different countries have different codes of ethics. Legally, you can adopt those of the country you are in if operating abroad.
