BP5 Ch1 - TABLE 1.1 FACTORS AFFECTING PUBLIC EXPECTATIONS...

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Physical Quality of air and water, safety Moral Desire for fairness and equity at home and abroad Bad judgments Operating mistakes, executive compensation Activist stakeholders Ethical investors, consumers, environmentalists Economic Weakness, pressure to survive, to falsify Competition Global pressures Financial malfeasance Numerous scandals, victims, greed Governance failures Recognition that good governance and ethics risk assessment matter Accountability Desire for transparency, corporate social responsibility (CSR) Synergy Publicity, successful changes Institutional reinforcement New laws – environment, whistle-blowing, recalls, U.S. Sentencing Guidelines, OECD TABLE 1.1 FACTORS AFFECTING PUBLIC EXPECTATIONS FOR BUSINESS BEHAVIOUR
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FIGURE 1.1 MAP OF CORPORATE STAKEHOLDER ACCOUNTABILITY Shareholders Activists Governments Lenders & Creditors Competitors Suppliers Customers Employees Corporation Others, including the media, who can be affected by or who can affect the achievement of the corporation’s objectives
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FIGURE 1.2
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This note was uploaded on 03/19/2010 for the course AC530 AC530 taught by Professor Peoples during the Spring '10 term at Keller Graduate School of Management.

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BP5 Ch1 - TABLE 1.1 FACTORS AFFECTING PUBLIC EXPECTATIONS...

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