PHIL 2600 Chapter Notes - Chapter 11: Sex Discrimination Act 1975, Rulemaking, Business Ethics
17 Jan 2016
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Document Summary
This chapter deals with the growth of corporate attempts to influence government policy through lobbying, political donations and bribery. It focuses on the issue of corporate firms doing business relations with government which has become a key facet of business ethics. Corporations nowadays are taking up an increasingly political role. The government can be defined as a variety of institutions and actors at different levels that share a common power to issue laws (p493). The laws concern a codification of what society deems are appropriate and inappropriate actions. Laws serve as a codification into explicit rules of the social consensus about what a society regards as right or wrong (p493). Regulation is about the rules governing business behaviour. It includes laws and acts, but also pertains to other forms of formal or informal rule-making and enforcement. This includes broader governmental policies, concepts, goals and strategies, all of which ultimately enable or restrict the activities of business actors.
