ADM 1100 Lecture Notes - Lecture 9: Product Liability, Green Marketing, Canadian Human Rights Commission

• School: University of Ottawa
• Department: Administration
• Course: ADM 1100
• Professor: N/ A

Document Summary

Business ethics: standards of conduct and moral values regarding right and wrong actions in the business environment. Often shaped by the organization"s ethical climate; social responsibility; balance between whats right and whats profitable. This us act added oversight for the nation"s major companies and a special oversight board to regulate public accounting firms that audit the financial records of these corporations. The provisions of this act apply to canadian companies trading on us stock exchanges. Similar legislation has been enacted in canada known as bill 198 of. 2003 which has come to be referred as c-sox or the canadian version of sarbanes-oxley. New corporate officers charged with deterring wrongdoing and ensuring ethical standards. Engage in traditional corporate philanthropy, which involves giving to worthy causes. Identify opportunities to create value by doing the right thing. Individuals can make the difference in ethical expectations and behavior. Technology is expanding the range and impact of unethical behavior.