Business Ethics

Business Ethics - Business Ethics .rip their face off! Andy...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
The Legal Environment of Busin SDSU Business Ethics “….rip their face off!” Andy Fastow Enron - CFO
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Legal Environment of Busin SDSU Retrospective “Trust is an important lubricant of a social system. It is extremely efficient; it saves a lot of trouble to have a fair degree of reliance on other people’s word.” [Kenneth Arrow 1970] “The invisible hand works because of the invisible handshake.” What would Arthur Andersen say? “He would be disgusted with what these guys did to his company.” [ Al Bows, 88, retired Senior partner]
Background image of page 2
The Legal Environment of Busin SDSU Definitions Ethics – study of good and bad behavior Business Ethics –study of what makes up good and bad business behavior -- unethical does not equate to illegal Social Responsibility of Business – concern by business about both its profit-seeking and non-profit seeking activities Interdependence Political Influence Philosophical Differences
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Legal Environment of Busin SDSU Compliance Spirit and the Letter – General Electric Company MetLife Compliance Guide White Collar Crime Sentencing
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/15/2008 for the course FIN 240 taught by Professor - during the Spring '08 term at San Diego State.

Page1 / 12

Business Ethics - Business Ethics .rip their face off! Andy...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online