answersLogoWhite

0

Corporate responsibility and ethics refers to how managers behave on behalf of the organization. When managers aren't transparent about financials, they aren't acting ethically.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Economics

How do ethics and corporate social responsibility tie into doing business?

IT doesn't


Why is business ethics considered as the foundation of corporate social responsibility?

this is because ethics is the way how workers in a certain field of business conduncts them selves and this may atract customers if they have good ethics


Describe the difference between corporate revealed ethics and corporate applied ethics?

Corporate revealed ethics presents the worth of information that enhances value for its company's shareholders. Corporate applied ethics, on the other hand, results in a positive image for the company to its shareholders, thus, resulting in the improvement of the satisfaction level for its investors.


What is the researching on corporate social responsibility?

Early 20th century, the traditional economic theory and reality of corporate behavior in order to maximize profits for the only goal the serious social problems, some far sighted entrepreneurs and scholars have proposed a new concept of business ethics corporate social responsibility. After half a century of debate and development, corporate social responsibility is becoming clear thinking, and its theoretical essence lies in the pursuit of economic efficiency requires companies to achieve their profit targets than take on social welfare and the promotion of the general maintenance of the responsibility.


Is business ethics the same as corporate ethics?

Business ethics and corporate ethics are related but not identical concepts. Business ethics refers to the moral principles and standards that guide behavior in the business world as a whole, encompassing various types of organizations and industries. Corporate ethics, on the other hand, specifically pertains to the ethical practices and policies within a particular corporation or company. While both aim to promote ethical conduct, corporate ethics is more focused on the internal culture and decision-making processes of individual organizations.

Related Questions

How do ethics and corporate social responsibility tie into doing business?

IT doesn't


What has the author Poerwanto written?

Poerwanto has written: 'Corporate social responsibility' -- subject(s): Business ethics, Corporate culture, Social responsibility of business


What are three factors that influence Tyco's strategic planning?

Ethics, Laws, and Corporate Responsibility.


Why is business ethics considered as the foundation of corporate social responsibility?

this is because ethics is the way how workers in a certain field of business conduncts them selves and this may atract customers if they have good ethics


Write a note on business ethics?

Business ethics are the moral principles applied in business environment to deal with ethical problems. Business is said to be operating ethically when it obeys the law. Business ethics basically deals with the problems such as, shareholder relations, insider trading, bribery , discrimination, fiduciary responsibility, corporate social responsibility, corporate governance etc.


What has the author Norman Henry Pizer written?

Norman Henry Pizer is the author of several books on topics such as ethics in business, corporate social responsibility, and leadership. He has written works like "Business Ethics: The Ethics of Business, Corporate Social Responsibility and One's Work" and "Images of Combat: The Civil War and Its Aftermath."


Where does corporate responsibility stop and personal responsibility begin?

Corporate responsibility typically encompasses the ethical obligations and social impact of a company's practices, including its effects on employees, consumers, and the environment. Personal responsibility, on the other hand, relates to individual actions and choices, reflecting one's values and ethics. The boundary between the two can blur; for instance, employees may feel responsible for upholding a company's values, while corporations might encourage personal accountability among their workforce. Ultimately, both realms intersect, as corporate policies can shape individual behaviors, and personal ethics can influence corporate culture.


What is The scope of corporate social responsibility?

scope of corporate social responsibility


Are Corporate Codes of Ethics Just for Show?

Corporate codes of ethics are not just for show but they do make for good public and private relations. The corporate code of ethics is not always followed through from the top down.


Describe the difference between corporate revealed ethics and corporate applied ethics?

Corporate revealed ethics presents the worth of information that enhances value for its company's shareholders. Corporate applied ethics, on the other hand, results in a positive image for the company to its shareholders, thus, resulting in the improvement of the satisfaction level for its investors.


The guiding practices and beliefs through which a particular company and its managers view their responsibility toward their stakeholders are called?

These guiding practices and beliefs are referred to as a company's corporate social responsibility (CSR) or corporate responsibility. It encompasses how a company conducts its business in an ethical and sustainable manner, considering the impact on various stakeholders such as employees, customers, communities, and the environment.


What is the researching on corporate social responsibility?

Early 20th century, the traditional economic theory and reality of corporate behavior in order to maximize profits for the only goal the serious social problems, some far sighted entrepreneurs and scholars have proposed a new concept of business ethics corporate social responsibility. After half a century of debate and development, corporate social responsibility is becoming clear thinking, and its theoretical essence lies in the pursuit of economic efficiency requires companies to achieve their profit targets than take on social welfare and the promotion of the general maintenance of the responsibility.