Ethics After Midterm

Front 1

active shareholders

Back 1

those who participate in the governance to the full extent allowed by the law

Front 2

audit comittee

Back 2

members of the BoD, oversee the internal and external accounting and auditing function. ensures accurate financial statements and

Front 3

board of directors

Back 3

group elected by shareholders to govern or oversee the corporatation's affairs

Front 4

business citizenship

Back 4

includes the responsibilities of corporate citizenship on a local and national basis and extends it to a global or universal scope

Front 5

business ethics

Back 5

rules, standards, codes, or principles that provide guides for morally right behavior and trustfulness in specific situations

Front 6

business sustanable development

Back 6

according to the IISD, adopting business strats and activities that meet the needs of the enterprise and its stakeholders today while protecting, sustaining and enhancing the human and natural resources that will be need in the future

Front 7

capitalism

Back 7

private ownership of the means of production, economic decisions in the hands of individuals/enterprises looking for a profit

Front 8

cause-related marketing

Back 8

purchase of product results in donations by the corp to a non-profit organizations program

Front 9

chosen instrument

Back 9

a corp within a particular industry that receives some form of special attention from gov't through grants, loans, purchasing policy, or tax incentives

Front 10

civil society

Back 10

voluntary, community, and social orgs that contribute to the functioning of society but are not related to or supported by gov't

Front 11

code of conduct

Back 11

explicitly states what appropriate behaviour is by identifying what is acceptable and not

Front 12

code of ethics

Back 12

a statement of priciples or values that guide behaviour by describing the general value system within which a corp attempts to operate in a given env

Front 13

conflict of interst

Back 13

situation in which a indiv has a private or personal interst that is sufficient to appear to influence the objective exercise of that individuals duties

Front 14

conflicted consumer

Back 14

one who has moral concerns about some aspect of how a corp conducts business and will critisize it, but will continue to patronize it

Front 15

community investment

Back 15

efforts of a corp to help develop a community an create economic opportunities - through dontaion or commercial undertakings

Front 16

consumer sovereighnty

Back 16

assumption existing in an economy that consumers have and exercise power over producers through the decisions they make in purchasing the good and services provided by corps

Front 17

consumerism

Back 17

social movement seeking to protect and augment the rights and powers of buyers in relation to sellers

Front 18

corporate agenda

Back 18

the real or imagined alleged domination of public policy or gov't program by corps in their own best interest

Front 19

corp citizenship

Back 19

a corp demonstarting that it takes into account its role in and complete impact on society and the env as well as its economic influence

Front 20

corporate culture

Back 20

the complex set of vlaues, beliefs, assumption, and symbols, that define the way in which an org conducts its business

Front 21

corporate ethics program

Back 21

some combination of a statement of values, codes of conduct and/or ethics, ethics training, ethics audits, and consulting srvcs, ethics officers and committees, and ethics reporting systems

Front 22

corporate governance

Back 22

the processes, structs, and relationships through which the shareholders, as represented by a BoD, oversee the activities of the corp

Front 23

corp philatrophy

Back 23

effort of business to contribute to sicety socially; dontation of money or goods and services, voluntarism, and sponsorships

Front 24

corporate public affairs

Back 24

mngmnt function responsible for monitoring and interpreting the gov't env of the corp or industry and for managing the response necessary to protect the interest of the corp or industry

Front 25

corporate reputation

Back 25

preceptual representation of a corp's past action and future prospects, describes overall appeal of stakeholders when compared to rivals

Front 26

corp social resp (CSR)

Back 26

the way a corp achieves a balance among its economic, social and env, responsibilities in its operations so as to address shareholder and other stakeholder expectations

Front 27

corp social resp (CSR) reporting

Back 27

a management function that documents the corps econ, ethics, and env responsibilities and responsibilities and initiatives a and communicates this info to relevant stakeholders

Front 28

Corp social responsibilities (CSR) strat

Back 28

the portion of a corp's comprehensive corp strat addressing major socia/ethical, env, governance issues

Front 29

corp sustainability (CS)

Back 29

corp activities demonstrating the inclusion of social, env, and econ responsibilities in business as they impact all stakeholders to ensure the long-term survival of the corp

Front 30

corp voluntarism

Back 30

time and talent employees commit to community orgs with support and/or consent from employers

Front 31

ethics of business

Back 31

The rules, standards, codes, or principles that provide guidance for morally appropriate behaviour in managerial decision making relating to the operation of the corporation and business’s relationship with society. It is broadly defined to include corporate social responsibility, sustainability, corporate citizenship, corporate governance, triple bottom line, accountability, and environmental stewardship