English business voc
Ethics vocabulary
Bribe could also be called : baksheesh, sweetener, backhander, kickback and greasing of palms (international)
The law courts will refer more to illicit payments.
Defendants in such cases will talk about commissions.
Illegal founds will go to finance a political party by a slush fund.
Journalists may refer to this form of corruption as a sleaze.
The crime involving the misuse of bank funds is embezzlement.
Outside accountants who are meant to prevent accounting scandals are called auditors.
There has been pressure on legislators and regulators to improve accounting standards.
Price fixing is the phenomenon of maintaining a reasonable profit margin.
Competitors who do this form a cartel.
If one of the managers involved contacts the authorities, he is a whistle-blower.
Financial institutions try to prevent insider trading called Chinese Walls.
Financial institutions also have to guard against money laundering, where money passes through the banking system in a way that disguises its criminal origins.
In order to attract more clients, manufactures increasingly claim that their products are green or environmentally friendly.
Clothing companies’ claim to trade fairly and they pay their employees with subsistence wages without using child labour.
Companies in general will talk about equal opportunities or in the US : Affirmative Action Program to ensure that people are recruited and promoted on the basis of merit so that the glass ceiling is broken.
These are part of the social issues of equality and diversity.
A company’s internal code of ethics contains its ethical credo.
Some of the financial, environmental and diversity related issues may also be referred to in its mission statement.
There might be an ethics ombudsman to check that they are put into practice within firms.
All the issues mentioned are part of the wider picture of corporate social responsibility.
Companies have to pay attention to the triple
Bribe could also be called : baksheesh, sweetener, backhander, kickback and greasing of palms (international)
The law courts will refer more to illicit payments.
Defendants in such cases will talk about commissions.
Illegal founds will go to finance a political party by a slush fund.
Journalists may refer to this form of corruption as a sleaze.
The crime involving the misuse of bank funds is embezzlement.
Outside accountants who are meant to prevent accounting scandals are called auditors.
There has been pressure on legislators and regulators to improve accounting standards.
Price fixing is the phenomenon of maintaining a reasonable profit margin.
Competitors who do this form a cartel.
If one of the managers involved contacts the authorities, he is a whistle-blower.
Financial institutions try to prevent insider trading called Chinese Walls.
Financial institutions also have to guard against money laundering, where money passes through the banking system in a way that disguises its criminal origins.
In order to attract more clients, manufactures increasingly claim that their products are green or environmentally friendly.
Clothing companies’ claim to trade fairly and they pay their employees with subsistence wages without using child labour.
Companies in general will talk about equal opportunities or in the US : Affirmative Action Program to ensure that people are recruited and promoted on the basis of merit so that the glass ceiling is broken.
These are part of the social issues of equality and diversity.
A company’s internal code of ethics contains its ethical credo.
Some of the financial, environmental and diversity related issues may also be referred to in its mission statement.
There might be an ethics ombudsman to check that they are put into practice within firms.
All the issues mentioned are part of the wider picture of corporate social responsibility.
Companies have to pay attention to the triple