Front

Code of Ethics

Back

A set of guidelines prepared by a firm to provide its employees with the knowledge of what the firm expects in terms of their responsibilities and behavior toward fellow employees, customers, and suppliers.

Front

Corporate Philanthropy

Back

The practice of charitable giving by corporations; includes contributing cash, donating equipment and products, and supporting the volunteer efforts of company employees.

Front

Corporate Social Responsibility (CSR)

Back

The concern of businesses for the welfare of society as a whole; consists of obligations beyond those required by law or contracts.

Front

Deontology

Back

A philosophy in which a person follows obligations to an individual or society because upholding one’s duty is ethically correct.

Front

Ethical Issue

Back

A situation where a person must choose from a set of actions that may be ethical or unethical.

Front

Ethics

Back

A set of moral standards for judging whether something is right or wrong.

Front

Justice

Back

What is considered fair according to the prevailing standards of society; an equitable distribution of the burdens and rewards that society has to offer.

Front

Social Investing

Back

The practice of limiting investments to securities of companies that behave in accordance with the investor’s beliefs about ethical and social responsibility to encourage businesses to be more socially responsible.

Front

Stakeholders

Back

Individuals or groups to whom a business has a responsibility; include employees, customers, the general public, and investors.

Front

Strategic Giving

Back

The practice of tying philanthropy and corporate social responsibility efforts closely to a company’s mission or goals and targeting donations to the communities where a company does business.