RSM100Y1 Chapter Notes - Chapter 2: Corporate Social Responsibility, SarbanesโOxley Act, Canadian Imperial Bank Of Commerce
Document Summary
Business ethics: standards of conduct and moral values that lead to our actions and decisions in the business environment corporate social responsibility (csr) "s primary objective is to enhance society"s well-being through philosophies, policies, procedures, and actions. Companies are now required to publish their code of ethics, if they have one, and. Sarbanes oxley act inform the public of any changes made to it. Three prong approach to ethics and social responsibility. Engaging in traditional corporate philanthropy, such as giving to worthy causes. Identifying opportunities to create value by doing the right thing 8. Unethical putting their own interests ahead of the organization, lying to employees, misreporting hours worked, internet abuse, and safety violations. A situation in which an employee must choose between a. Can be the usual lawyer on both side case or when one person. Conflicts of interest can be handled ethically by business" welfare and personal gain has a similar job at two different competing organizations.
