1 / 7

Fundamentals of Business Law

Explore the importance of business ethics, legal compliance, and corporate social responsibility in maintaining ethical standards and corporate reputation. Delve into real-life case studies and ethical reasoning approaches, including duty-based ethics and outcome-based ethics. Understand the significance of ethical leadership, codes of conduct, and the impact of public opinion on business practices. Analyze the intersection of law and ethics, navigating gray areas and conflicts in the legal landscape. Gain insights into global business ethics, monitoring employment practices, and adhering to international legal requirements such as the Foreign Corrupt Practices Act. Take a comprehensive look at corporate responsibility, stakeholder approaches, and the balance between maximizing profits and social values.

recker
Download Presentation

Fundamentals of Business Law

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 6th Edition Fundamentalsof Business Law Chapter 3Ethics and Social Responsibility

  2. Nature of Business Ethics • What is Business Ethics? • Why is Business Ethics Important? • Case 3.1 Time Warner Entertainment Co. v. Six Flags Over Georgia, LLC (2002). • Setting the Right Ethical Tone. • Importance of Ethical Leadership. • Creating Ethical Codes of Conduct. • Corporate Compliance Programs. • Sarbanes-Oxley Act and Web-Based Reporting Systems.

  3. Nature of Business Ethics • Conflicts and Trade Offs. • Case 3.2 Remsburg v. Docusearch, Inc. (2003). • Defying the Rules: ENRON. • Accounting Issues. • ‘Off the Books’ Transactions. • Self-Dealing. • Corporate Culture.

  4. Business Ethics and the Law • Legal compliance is the moral minimum. • Laws regulation Business. • “Gray” areas in the Law. • Case 3.3 Pavlik v. Lane Ltd./Tobacco Exporters International (1998). • Technological Developments and Legal Uncertainties. • Case 3.4 Blakey v. Continental Airlines, Inc. (2000).

  5. Approaches to Ethical Reasoning • Duty-Based Ethics. • Religious Ethical Standards. • Kantian Ethics. • Principle of Rights. • Outcome-Based Ethics.

  6. Corporate Social Responsibility • Views: • Profit Maximization. • Stakeholder Approach. • Corporate Citizenship. • Role of Public Opinion. • Maximum vs. Minimum Profits.

  7. Business Ethics on a Global Level • Monitoring Employment Practices of Foreign Suppliers. • Foreign Corrupt Practices Act: • Bribery and Public Corruption. • Accounting Requirements. • Penalties for Violations.

More Related