BUS 2000 Lecture Notes - Lecture 11: Business Ethics, Uptodate
Document Summary
General ideas that are raised across the field of business ethics: Corporations are playing an increasing role in politics; private sector is increasingly regulating business ethics. The weakening of the state in protecting our social, political and civil rights. Lack of global government" makes regulating/policing multinational corporations difficult. A direct,usually private attempt by business actors to influence governmental decision- making through information provision and persuasion (vs explicit pressure): Many major corporations employ professional lobbyists responsible for government relations" or public affairs" : purpose is to persuade government officials about issues relevant to the business. Lobbying also takes place through specialized firms or through industry associations ( ex: Confederation of food and drink industries) or broader business associations (confederation of indian industry) Lobbying has become prevalent form of corporate political action. Total spending ( refer to pictures on phone) Enhance government understanding of industry issues and products.
