RSM100Y1 Lecture : Lecture 3
Document Summary
Rsm100y1- lecture #3- role of ethics in business- 2. intro to the role of ethics in business. Case study: queen"s university facts: queen"s received a m gift from david radler to help finance their new business school, after the school is built, they erect a plaque commemorating the contribution create the. 2 years later, radler pleads guilty to criminal charges involving securities fraud and is sentenced to jail and fined (hollinger case: queen"s board of trustees decides to return the money and remove the plaque from the building. David radler (conrad black"s right hand man- imprisoned for fraud) ** never test on case facts, only knowledge of ideas and etc By making rules (code of ethics) as explicit (outside of you) as can be, it is easier to follow and act by the guidelines set up. Classroom donated by business fraud (wrongful and unappealing to prospective students)