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Business Ethics

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

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The Legal Environment of Busin SDSU Business Ethics “….rip their face off!” Andy Fastow Enron - CFO
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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]
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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
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The Legal Environment of Busin SDSU Compliance Spirit and the Letter – General Electric Company MetLife Compliance Guide White Collar Crime Sentencing
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Business Ethics - Business Ethics.rip their face off Andy...

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