Term
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Definition
| society's accepted standards of moral behavior, that is, behaviors accepted by society as right rather than wrong |
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Term
| compliance-based ethics codes |
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Definition
| ethical codes that emphasize preventing unlawful behavior by increasing control and penalizing wrongdoers |
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Term
| integrity-based ethics codes |
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Definition
| ethical codes that define the organization's guiding values, create an environment that supports ethically sound behavior, and stress shared accountability |
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Term
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Definition
| insiders who report illegal or unethical behavior |
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Term
| corporate social responsibility (CSR) |
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Definition
| the concern businesses have for the welfare of society, not just for their owners, based on a commitment to integrity, fairness, and respect |
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Term
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Definition
| charitable donations to nonprofit groups of all kinds |
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Term
| corporate social initiatives |
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Definition
| differ from traditional philanthropy in that they are more directly related to the company's competencies |
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Term
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Definition
| includes everything from hiring minority workers to making safe products, minimizing pollution, using energy wisely, and providing a safe work environment |
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Term
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Definition
| the position a firm takes on social and political issues |
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Term
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Definition
| practice that uses private company information to further insiders' own fortunes or those of their family and friends |
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Term
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Definition
| a systematic evaluation of an organization's progress toward implementing socially responsible and responsive programs |
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