G12 Ethical Decisions and Socially Responsible Business

code of ethics

• 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.

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

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

corporate philanthropy

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

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

• 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.

corporate social responsibility (CSR)

• A philosophy in which a person will follow his or her obligations to an individual or society because upholding one's duty is what is ethically correct.

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

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

deontology

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

• A philosophy in which a person will follow his or her obligations to an individual or society because upholding one's duty is what is ethically correct.

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

ethical issue

• A philosophy in which a person will follow his or her obligations to an individual or society because upholding one's duty is what is ethically correct.

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

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

justice

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

• A philosophy in which a person will follow his or her obligations to an individual or society because upholding one's duty is what is ethically correct.

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

social investing

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

• 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.

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

stakeholders

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

• 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.

• A philosophy that focuses on the consequences of an action to determine whether it is right or wrong; holds that an action that affects the majority adversely is morally wrong.

strategic giving

• 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.

• A philosophy that focuses on the consequences of an action to determine whether it is right or wrong; holds that an action that affects the majority adversely is morally wrong.

• 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.

utilitarianism

• 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.

• 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.

• A philosophy that focuses on the consequences of an action to determine whether it is right or wrong; holds that an action that affects the majority adversely is morally wrong.