Corporate Governance and Ethical Responsibility Research Paper Marquita Jackson Dr. Rhonda Evans LEG 500 Law‚ Ethics‚ & Corp Governance November 18‚ 2012 Dr. DoRight has recently been hired as the President of the “Universal Human Care Hospital”‚ where he oversees all departments with over 5‚000 employees and over 20‚000 patients at the medical facility. He has been provided with a broad set of duties and oversight of numerous departments‚ including business development‚ customer services
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questions when facing an ethical dilemma. o It is legal? o It is balanced? Am I acting fairly? Would I want to be treated this way? o How will it make me feel about myself? Would I feel proud if my family learned of my decision? My friends? Managing Businesses Ethically and Responsibly People learn their standards and values from observing what others do‚ not from hearing what they say. A business should be managed ethically for many reasons: o to maintain a good reputation o to keep existing
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Literature Review of Corporate Social Responsibility (CSR) in MNCs Introduction The controversies surrounding the process of globalisation have raised concerns that multinational companies (MNCs) might be pursuing profit at the expense of vulnerable workforces‚ environmental degradation and so on. In response to such concerns‚ MNCs have increasingly taken steps aimed at demonstrating their social responsibility as business organisations. One prominent development has been the elaboration and
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Agree CHAPTER 1 Social Responsibility Framework • U.S. corporations should have more than one purpose. They also owe something to their workers and the communities in which they operate‚ and they should sometimes sacrifice some profit for the sake of making things better for their workers and communities. Source: "How Business Rates: By the Numbers‚ Business Week‚ Sept. 11‚ 2000‚ pp. 148-149. Social Responsibility Defined • Social responsibility What do you believe organizations
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Social Responsibility “Social responsibility is defined as an organization’s obligation to maximize its positive impact on stakeholders and to minimize its negative impact” (Ferrell‚ O.‚ & Fraedrich‚ J. (2010). Stakeholder Relationships‚ Social Responsibility‚ and Corporate Governance. In Business ethics: Ethical decision making and cases : 2009 update (7th ed.). Mason‚ OH: South-Western Cengage Learning). There are four main types of social responsibility which are economic‚ legal‚ ethical‚ and
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The company that I have chosen for my research paper is FedEx. FedEx’s Fortune 500 rating is number 60. I have chosen this company for a couple of reasons. FedEx continues to be a major force in the shipping industry and a driving force in the environment (being Green). Another reason (on a personal note) for choosing FedEx was it is headquartered and its main hub is minutes away from my home town. I have been able to see how it personally created jobs. FedEx provides customers and businesses
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Ethics and Social Responsibility History In a business sense ethics emerged in the 1970s but social responsibility actually emerged in the 1950s when organizations began believing that they should be operating in a way that would increase the benefits and reduce or eliminate harms caused by their operations (Perks‚ 2011). In light of the recent ethical scandals of organizations such as Enron this has really become a vital part of organizations. Further‚ over the last 60 years businesses have
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funding. If the results are not published‚ the responsibility to report the risks of the additives of Professor Ballistico will be undermined. It will violate the ethical conduct of Professor Ballistico and affect the objectives of the study. 2. The first option available to Ballistico is publishing the results of the latest tests which showed that the two food additives significantly increase the risk of human allergies for long-time consumption. This is actually a successful piece of research
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CORPORATE SOCIAL RESPONSIBILITY AND BUSINESS ETHICS ETHICAL AND UNETHICAL HACKING Acknowledgement We would like to express our special thanks of gratitude to our teacher‚ Professor Supriya Matthew who gave us the golden opportunity to do
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Social Responsibility and Regulation The purpose of this paper is to determine how governmental Corporate Social Responsibility (CSR) policies assist consumers and organizations; to evaluate if government polices differ throughout the world; to show ways that politics shape the regulation of businesses. CSR Policies and Consumers/Organizations Governmental CSR policies were developed to assist consumers and organizations. For example there was a government regulation enacted to protect the financial
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