Business ethics: a stakeholder, governance, and risk approach
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London [u.a.]
Routledge
2014
|
| Ausgabe: | 1. publ. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis Klappentext |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | XIV, 441 S. graph. Darst. |
| ISBN: | 9780415815000 9780415815017 |
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Datensatz im Suchindex
| _version_ | 1804150706584682496 |
|---|---|
| adam_text | Contents
List of cases and ethical dilemmas
xi
List of figures and tables
xv
Acknowledgments
xvi
Introduction
1
Why study business ethics?
1
What the book is about
1
Who the book is for
2
What the book will enable readers to do
3
The approach to learning
3
Background to the book
3
PART ONE
Business ethics
-
principles
5
1
Business ethics affect everyone
7
Ethical issues arise throughout the business world
7
Ethics are imbedded in and reflect cultures
9
The relationship between law and ethics
10
Philosophical theories provide a context
11
Business ethics involve choices
12
A stakeholder view of business ethics
13
Corporate governance and risk management involve
ethics
17
Why do people behave the way they do?
19
The importance of trust in business
22
2
The evolution of business ethics
32
Business has always needed sound ethics
32
Business ethics of ancient traders
34
Business ethics in the 19th century
37
Scandals and collapses in the 20th century
39
Ethical failures and the response of business
44
viii Contents
3
On corporate social responsibility
53
Do companies have social responsibilities?
53
Balancing responsibilities between shareholders and stakeholders
54
Pros and cons of corporate social responsibility
58
Approaches to corporate social responsibility
62
The practice of corporate social responsibility
64
On sustainable development, the United Nations Global
Compact and
GRI
68
Corporate vision, mission and values
72
4
Business ethics and corporate governance
85
What is corporate governance?
85
Board structures
87
Board functions
90
The regulation of corporate governance
98
Some theoretical insights
-
agency, stewardship and stakeholder ideas
101
The roles of the board chairman and chief executive officer
106
The role of the auditors, regulators and company secretary
106
Changing expectations in the governance of organizations
107
Appendix to Chapter
4 112
Additional information on corporate regulation
112
5
Business ethics and enterprise risk
118
A new emphasis on corporate risk
118
levels of risk
—
strategic, managerial and operational
119
The concept of ethical risk
120
The significance of strategic ethical risk
122
Moral hazard in business ethics
123
The concept of enterprise risk management
124
Managing risk throughout the organization
126
Risk recognition
127
Risk assessment
128
Risk evaluation
129
Determining risk strategy and policies
130
Risk monitoring and reporting
131
Developments in ERM
132
PART TWO
Business ethics
-
practice
147
6
Creating a sound ethics culture
149
Different approaches to ethics management
149
What makes a business decision ethical?
150
What makes people act the way they do?
156
Establishing an ethics culture
163
Ethics and stakeholder relations
165
Ethical codes for different organizations
167
Contents ix
Drafting an ethics code
169
The management of business ethics
170
On whistle-blowing and whistle-blowers
172
7
Uniting business ethics, governance and risk
184
The 21st century s emphasis on business ethics, governance
and risk
184
Uniting business ethics, corporate governance and risk
management
186
Creating a corporate vision and mission
190
Building core corporate values
191
Codes of business ethics
195
Preventing bribery and corruption
200
8
Business ethics in finance
220
What is involved in business finance
220
Ethics in financial strategy
221
Ethical relationships with investors in public companies
228
Insider dealing and trading
236
Ethical investment and ethical funds
237
Money laundering, combating global crime and terrorism
238
Ethical relationships with shareholders in non-listed companies
238
Ethical relationships with non-equity sources of finance
241
Ethical challenges for independent outside auditors
242
Ethical relationships with regulators
246
Ethics and credit-rating agencies
246
Ethics in financial management
247
Ethics in financial operations
248
9
Ethics in business operations
262
Ethical issues in procurement
262
Ethical aspects of business operations and information technology
273
Ethical issues in marketing and market research
279
Competitors as stakeholders
287
Ethical challenges of the global market
289
On bribery and corruption around the world
290
10
Business ethics and employees
304
Employees as stakeholders
304
Employers relations with employees
307
Employees relations with employers
322
Employment and human rights
327
11
Business ethics, society and the state
342
What we mean by society
342
Societal organizations as stakeholders in business
344
Ethical issues in relations between business and society
347
The state as a business stakeholder
352
χ
Contents
Ethical issues in government-business relations
357
Globalization and business—government relations
363
12
The future of business ethics
378
The essence of business ethics
378
Why business ethics have become so important
383
The power of business oligarchies
385
Frontier issues in business ethics
387
Some final thoughts
395
Answers to self-examination questions
417
Index
428
Traditionally, books on business ethics focus on Corporate Social Responsibility (CSR), companies relations
with their stakeholders, and corporate citizenship. More recently, green credentials and sustainability have been
added to that agenda. Unconventionally, this book argues that business ethics are basic to running business not
a separate subject. They are inherent to the governance and management of every organization not an optional
exercise in corporate citizenship. Business ethics concern behaviour in business and the behaviour of business.
Decisions at every level in a company have ethical implications
-
strategically in the board room, managerial^
throughout the organization, and operationally in all of its activities.
The use. and sometimes the abuse, of corporate power, and the process of corporate governance, raises ethical issues.
Business involves risk-taking, whether decisions are at the strategic, managerial, or operational level. Exposure to ethical
risk needs to be part of every organization s strategy formulation, policy making, and enterprise risk management.
Designed to be read by both undergraduates and postgraduates; this book is a primer on ethics in business. It is
also relevant to ethics courses that are now part of many legal, accountancy, and other professional examinations.
The book is not about moral philosophy, nor does it prescribe appropriate standards of behaviour or recommend
economic, legal or political solutions. Rather it enables readers to recognize ethical issues in business, to respond
appropriately, and to embed ethics in business processes. The book not only considers what business ethics are, and
why they are important, but offers practical approaches on how to develop a successful corporate ethics culture.
Dr
R.
I. (Bob) Tricker was a chartered accountant, an officer in the Royal Navy, and financial controller of an industrial
company, before studying at the Harvard Business School and becoming a Research Fellow at Oxford University. He
was Professor of Information Systems at Warwick University, then Director of the Oxford Centre for Management (now
the Said Business School) for a decade, before being appointed Professor of Finance at the University of Hong Kong.
His books include The Independent Director
(1978),
Corporate Governance
(1984),
the first book with that title. The
Economist Essential Director {5m edition,
2003)
and Corporate Governance
-
principles, policies and practices
(2
edition,
2012).
He currently holds visiting professorships at two Hong Kong Universities.
Gretchen Tricker BA, MBA has been a researcher, journalist, and managing editor of a women s style magazine in
Hong Kong. Subsequently, she was Senior Research Officer in the University of Hong Kong, and deputy-editor of
Corporate Governance
-
an international review. She wrote Shares in Hong Kong, the centennial history of the Hong
Kong Stock Exchange
(1991).
BUSINESS
&
MANAGEMENT
an
informa business
ISBN
978-0-415-81501-7
(•ТОіГчїГЇГЗ
Taylor
&
Francis Croup
www.routiedge.com
Cover image:
©
Ocean/Corbis
|
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| dewey-full | 174/.4 |
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| dewey-ones | 174 - Occupational ethics |
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| discipline | Philosophie Wirtschaftswissenschaften |
| edition | 1. publ. |
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| indexdate | 2024-07-10T00:43:11Z |
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| isbn | 9780415815000 9780415815017 |
| language | English |
| lccn | 2013021419 |
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| spelling | Tricker, Bob 1933- Verfasser (DE-588)171024451 aut Business ethics a stakeholder, governance, and risk approach Bob Tricker and Gretchen Tricker 1. publ. London [u.a.] Routledge 2014 XIV, 441 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Business ethics Corporate governance Unternehmensethik (DE-588)4202404-3 gnd rswk-swf Unternehmensethik (DE-588)4202404-3 s DE-604 Tricker, Gretchen Verfasser aut Erscheint auch als Online-Ausgabe 978-0-203-06652-2 Digitalisierung UB Bayreuth - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026225617&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Bayreuth - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026225617&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Tricker, Bob 1933- Tricker, Gretchen Business ethics a stakeholder, governance, and risk approach Business ethics Corporate governance Unternehmensethik (DE-588)4202404-3 gnd |
| subject_GND | (DE-588)4202404-3 |
| title | Business ethics a stakeholder, governance, and risk approach |
| title_auth | Business ethics a stakeholder, governance, and risk approach |
| title_exact_search | Business ethics a stakeholder, governance, and risk approach |
| title_full | Business ethics a stakeholder, governance, and risk approach Bob Tricker and Gretchen Tricker |
| title_fullStr | Business ethics a stakeholder, governance, and risk approach Bob Tricker and Gretchen Tricker |
| title_full_unstemmed | Business ethics a stakeholder, governance, and risk approach Bob Tricker and Gretchen Tricker |
| title_short | Business ethics |
| title_sort | business ethics a stakeholder governance and risk approach |
| title_sub | a stakeholder, governance, and risk approach |
| topic | Business ethics Corporate governance Unternehmensethik (DE-588)4202404-3 gnd |
| topic_facet | Business ethics Corporate governance Unternehmensethik |
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