Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
the practice of marketing a document with a date that precedes the actual date. persons who do this to stock options are picking a date when the stock was trading at a lower price than the date of the options grant
|
backdating
|
|
ethics in a business context; a consensus as to what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting
|
business ethics
|
|
a concept developed by the philosopher Immanuel Kant as an ethical guideline for behaviro. in deciding whether an action is right or wrong, or desirable or undesirable, a person should evaluate the action in terms of what would happen if everybody else in the same situation, acted the same way
|
categorical imperative
|
|
the idea that corporations can and should act ethically and be accountable to society for their actions
|
corporate social responsibility
|
|
a decision-making technique that involves weighing the costs of a given action against the benefits of that action
|
cost-benefit analysis
|
|
a reasoning process in which an individual links his or her moral convictions or ethical standards to the particular situation at hand
|
ethical reasoning
|
|
moral principles and values applied to social behavior
|
ethics
|
|
the minimum degree of ethical behavior expected of a business firm, which is usually defined as compliance with the law
|
moral minimum
|
|
the principle that human beings have certain fundamental rights. those who adhere to this rights theory believe that a key factor in determining whether a business decision is ethical is how it affects the rights of various groups
|
principles of right
|
|
an approach to ethical reasoning that evaluates behavior in light of the consequences of that behavior for those who will be affected by it, rather than on the basis of any absolute ethical or moral value.
|
utilitarianism
|