PHIL215 Lecture Notes - Nicotine, Puffery, Big Tobacco
9 Dec 2012
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Looking for a collaborator: e-mail me at sampson. chen@gmail. com. Today: codes of ethics, whistle-blowing, codes of ethics: Example: code of ethics and conduct for stock brokers. Insider trading: when corporate executives trade the stocks of their own company. (when it comes to the stock market, government wants it to be as fair and transparent as possible) Example: the institute of chartered accountants of ontario: rules of professional conduct. Puffery : self-promotion through advertising to puff yourself up . Canadian lawyers are forbidden from making tv ads to promote themselves, in contrast to us tv networks. Example: professional engineers act (must pass technical tests, ethics test, prove good character) The takeaway: code of ethics are often detailed and lengthy. Shareholder: people who hold shares in the company. Stakeholder: anyone who are affected by decisions made by the company. Very different between the business side and profession side. Not all businesses have codes of ethics (though all large public companies have them)
