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13 Cards in this Set
- Front
- Back
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Ethics |
a set of principles of right versus wrong conduct |
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CSR |
Corporation's assessment of and responsibility for its impact on the welfare of society |
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Corporate philanthropy |
the act of corporations donating a portion of their profits or other resources to non-profit organizations |
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corporate policy |
dimension of social responsibility that refers to the firm's position on social and political issues |
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insider trading |
buying or selling stocks by someone who has access to non-public information about the company |
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social audit
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formal review of a company's endeavors in terms of its corporate social responsibility
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whistlenlower |
someone who reports wrongdoing within an organization to the public or those in positions of authority |
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stakeholder |
persons, groups, or organizations who affect or can be affected by an organization's policies and actions |
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social initiatives |
enhanced forms of corporate philanthropy directly related to the company's competencies
ex: emergency response activities |
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compliance-based ethics code |
ethical standards that emphasize preventing unlawful behavior by increasing control and be penalizing wrongdoers |
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integrity-based ethics code |
ethical standards that define the organization's guiding values, create an environment that supports ethically sound behavior, and stress a shared accountability among employees |
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corporate responsibility |
the dimension of social responsibility that includes everything from hiring minority workers to make safe products |
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watch dog group |
a not-for-profit organization that is a voice for taxpayers and wants to expose and eliminate wasteful and corrupt subsidies and hold the U.S. government accountable |
