Business Ethics : A stakeholder, governance and risk approach.
By: Tricker, Bob.
Contributor(s): Tricker, Gretchen.Material type: TextSeries: eBooks on Demand.Publisher: Florence : Taylor and Francis, 2014Copyright date: ©2014Description: 1 online resource (460 pages).Content type: text Media type: computer Carrier type: online resourceISBN: 9781135075347.Subject(s): Business ethics | Corporate governanceGenre/Form: Electronic books.Additional physical formats: Print version:: Business Ethics : A stakeholder, governance and risk approachDDC classification: 174.4 LOC classification: HF5387 -- .T75 2013Online resources: Click here to view this ebook.
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|Electronic Book||UT Tyler Online Online||HF5387 -- .T75 2013 (Browse shelf)||http://ebookcentral.proquest.com/lib/uttyler/detail.action?docID=1588615||Available||EBC1588615|
Cover -- Business Ethics -- Title Page -- Copyright Page -- Table of Contents -- List of cases and ethical dilemmas -- List of figures and tables -- Acknowledgments -- Introduction -- Why study business ethics? -- What the book is about -- Who the book is for -- What the book will enable readers to do -- The approach to learning -- Background to the book -- Part One Business ethics - principles -- 1 Business ethics affect everyone -- Ethical issues arise throughout the business world -- Ethics are imbedded in and reflect cultures -- The relationship between law and ethics -- Philosophical theories provide a context -- Business ethics involve choices -- A stakeholder view of business ethics -- Corporate governance and risk management involve ethics -- Why do people behave the way they do? -- The importance of trust in business -- 2 The evolution of business ethics -- Business has always needed sound ethics -- Business ethics of ancient traders -- Business ethics in the 19th century -- Scandals and collapses in the 20th century -- Ethical failures and the response of business -- 3 On corporate social responsibility -- Do companies have social responsibilities? -- Balancing responsibilities between shareholders and stakeholders -- Pros and cons of corporate social responsibility -- Approaches to corporate social responsibility -- The practice of corporate social responsibility -- On sustainable development, the United Nations Global Compact and GRI -- Corporate vision, mission and values -- 4 Business ethics and corporate governance -- What is corporate governance? -- Board structures -- Board functions -- The regulation of corporate governance -- Some theoretical insights - agency, stewardship and stakeholder ideas -- The roles of the board chairman and chief executive officer -- The role of the auditors, regulators and company secretary.
Changing expectations in the governance of organizations -- Appendix to Chapter 4 -- Additional information on corporate regulation -- 5 Business ethics and enterprise risk -- A new emphasis on corporate risk -- Levels of risk - strategic, managerial and operational -- The concept of ethical risk -- The significance of strategic ethical risk -- Moral hazard in business ethics -- The concept of enterprise risk management -- Managing risk throughout the organization -- Risk recognition -- Risk assessment -- Risk evaluation -- Determining risk strategy and policies -- Risk monitoring and reporting -- Developments in ERM -- Part Two Business ethics - practice -- 6 Creating a sound ethics culture -- Different approaches to ethics management -- What makes a business decision ethical? -- What makes people act the way they do? -- Establishing an ethics culture -- Ethics and stakeholder relations -- Ethical codes for different organizations -- Drafting an ethics code -- The management of business ethics -- On whistle-blowing and whistle-blowers -- 7 Uniting business ethics, governance and risk -- The 21st century's emphasis on business ethics, governance and risk -- Uniting business ethics, corporate governance and risk management -- Creating a corporate vision and mission -- Building core corporate values -- Codes of business ethics -- Preventing bribery and corruption -- 8 Business ethics in finance -- What is involved in business finance -- Ethics in financial strategy -- Ethical relationships with investors in public companies -- Insider dealing and trading -- Ethical investment and ethical funds -- Money laundering, combating global crime and terrorism -- Ethical relationships with shareholders in non-listed companies -- Ethical relationships with non-equity sources of finance -- Ethical challenges for independent outside auditors.
Ethical relationships with regulators -- Ethics and credit-rating agencies -- Ethics in financial management -- Ethics in financial operations -- 9 Ethics in business operations -- Ethical issues in procurement -- Ethical aspects of business operations and information technology -- Ethical issues in marketing and market research -- Competitors as stakeholders -- Ethical challenges of the global market -- On bribery and corruption around the world -- 10 Business ethics and employees -- Employees as stakeholders -- Employers' relations with employees -- Employees' relations with employers -- Employment and human rights -- 11 Business ethics, society and the state -- What we mean by society -- Societal organizations as stakeholders in business -- Ethical issues in relations between business and society -- The state as a business stakeholder -- Ethical issues in government-business relations -- Globalization and business-government relations -- 12 The future of business ethics -- The essence of business ethics -- Why business ethics have become so important -- The power of business oligarchies -- Frontier issues in business ethics -- Some final thoughts -- Answers to self-examination questions -- Index.
Traditionally, books on business ethics focus on CSR, companiesâ relations with their stakeholders, and corporate citizenship. More recently, green credentials and sustainability have been added to that agenda. Unconventionally, this book argues that business ethics are basic to running business, not a separate subject. They are inherent to the governance and management of every organization, not an optional exercise in corporate citizenship. Business ethics concern behaviour in business and the behaviour of business. Decisions at every level in a company have ethical implications â strategically in the board room, managerially throughout the organization, and operationally in all of its activities. The use, and sometimes the abuse, of corporate power, the process of corporate governance, raises ethical issues. Business involves risk-taking, whether decisions are at the strategic, managerial, or operational level. Exposure to ethical risk needs to be part of every organizationâs strategy formulation, policy making, and enterprise risk management. Designed to be read by both undergraduates and postgraduates, this book is a primer on ethics in business. It is also relevant to ethics courses that are now part of many legal, accountancy and other professional examinations. The book is not about moral philosophy, nor does it prescribe appropriate standards of behaviour or recommend economic, legal or political solutions. Rather it enables readers to recognize ethical issues in business, to respond appropriately, and to embed ethics in business processes. The book not only considers what business ethics are, and why they are important, but offers practical approaches on how to develop a successful corporate ethics culture.
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