GB110 Chapter Notes - Chapter 2: Corruption Perceptions Index, Warren Buffett, Business Ethics

• School: Bentley University
• Department: Information and Process Management/General Business Courses
• Course: GB110
• Professor: Alexander

Document Summary

Al. , business policy: text and cases 121 (6th ed. "compliance with the law is just the baseline for effective and responsible managerial action. Legally astute managers consider not only what the firm can do but also what it should do. " "we can afford to lose money - even a lot of money. But we can"t afford to lose reputation - even a shred of reputation. We must continue to measure every act against not only what is legal but also what we would be happy to have written on the front page of a national newspaper. " Ethical corporate culture: ethical corporate culture: an ongoing development of the company"s values and moral attributes for the ultimate benefit of its stakeholders, resulted in good reputation for company. Internal code of conduct: broad range of issues. Statement of core values and purpose: discrimination, harassment, data privacy, whistleblowing system, compliance and ethics programs.