The Institutionalization of Business Ethics Institutionalization in Business Ethics •      Institutionalization in business ethics relates to established laws, customs, and expected organizational programs that are considered normative in establishing reputation. •      Institutions provide requirements, structure, and societal expectations to reward ...

Emerging Business Ethics Issues Recognizing an Ethical Issue •      Recognizing an ethical issue is difficult •      Is business a game? •      National Business Ethics Survey (NBES) •      Abusive or intimidating behavior •      Lying to various stakeholders •      Conflicts of interest ...

Stakeholder Relationships, Social Responsibility, and Corporate Governance Stakeholders Define Ethical Issues in Business •      Stakeholders are those who have a stake or claim in some aspect of a company’s products, operations, markets, industry and outcomes: –   Customers                                – Investors –   ...

The Importance of Business Ethics Why differentiate between                    rules/policies/law and ethics? •      The difference between an ordinary decision and an ethical one is the point where rules no longer serve. •      Values and judgment play a key role in ...