Beruflich Dokumente
Kultur Dokumente
Social Responsibility
Week 7
Lecture Outline
Managing Ethics
Social Responsibility
What is Corporate Social Responsibility?
Evaluating Corporate Social Responsibility
Sustainability
Copyright 2013 by South-Western, a division of Cengage Learning. All rights reserved.
What is Managerial
Ethics?
Ethics - code of moral principles and
values that govern the behaviors of
right or wrong
Standards about good/bad
Ethical Management
Today
55% of survey respondents think that
cheating in business is more common than
10 years ago
More businesses are being associated with
greed, deceit, and irresponsibility
Managers are responsible for setting an
ethical climate and act as models
Executive compensation has become a hot
issue related to ethical management
What about Ghana?
Copyright 2013 by South-Western, a division of Cengage Learning. All rights reserved.
Discussion Question
Do you believe it is ethical for
organizational managers to try to get
access to and scrutinize Facebook
pages of employees or job
applicants?
Ethical Dilemmas
Moral-Rights Approach :
Example
Personality
Personal needs
Family influence
Religion
Organizational values
Organizational culture
Sustainability
Sustainability economic
development that generates
wealth and meets the needs of
current population while
preserving the environment for the
needs of future generations
Building an Ethical
Organization
Some questions to
consider
Identify important stakeholders for an organization
and discuss how managers balance the interests of
various stakeholders.
A noted business executive said, A companys first
obligation is to be profitable. Unprofitable enterprises
cant afford to be socially responsible. Discuss why
you agree or disagree with this statement.