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16 Cards in this Set

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  • Back
  • 3rd side (hint)
Ethical Issue Intensity
relevance of importance of an ethical issue in the eyes of the individual, work group or orginazation
Spheres of Influence
Work place, family, religion, legal system, community, and profession
there are 6
Individual factors
Decisions are based on own values of right or wrong.
Socialization
Helps influence individual factors. Includes family, social groups, church and education
Orginizational Factors
Corporate culture, ethical climate, significant others
Corporate Culture
Set of values, beliefs, goals, norms, and ways of solving problems shared by members of an orginization
Ethical Climate
character or decision process of employees used to determine whether their responses to issues are right or wrong
Significant Others
Those with influence in a work group including peers, managers, coworkers, and subordinates. *most influencial
Opportunity
conditions in an orginization that limit or permit ethical or unethical behavior
Corporate governance
systems of accountablity, oversight, and control to remove oppurtunity for unethical decisions
accountablity
how closely workplace decisions are aligned with a firms stated strategic direction and its compliance with ethical and legal considerations
oversight
a system of checks and balances to limit oppurtunities to deviate from policies that prevent unethical behavior
control
process of auditing and improving orginizational decisions and actions
Shareholder model of corporate governance
goal of maximizing wealth for owners and investors
Stakeholder model of corporate governance
idea of answering to employees, suppliers, government regulators, communities and special interest groups
Board of directors
assume legal responsibilities for the firm's resources and decisions, and they appoint its top executive officers.