Lecture%203a%20Ethics%20and%20Social%20Responsibility

Lecture%203a%20Ethics%20and%20Social%20Responsibility -...

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Ethics and Social Responsibility Problem Areas 1. Corruption 2. Human Rights 3. Environment 4. Free trade Spring 2009 MGT 4174 1
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Ethics and Social Responsibility Freidman vs Carroll Freidman: Corporations responsibility is to make a profit Archie Carroll: 4 levels of responsibility 1. Economic 2. Legal 3. Ethical 4. Discretionary (Values) Spring 2009 MGT 4174 2
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Ethics and Social Responsibility International Ethics Complicated by Culture Moral Universalism…only one way Ethnocentrism….do it our way Moral relativism….”When in Rome” Personal…conscience and religion Utilitarian approach….sum of consequences Individual Rights….as defined by Justice…what is fair Spring 2009 MGT 4174 3
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Ethics and Social Responsibility
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Unformatted text preview: Making the right decision Laws of host country Laws of home country International Codes of Conduct Company code of ethics Superiors Your own conscience Spring 2009 MGT 4174 4 Ethics and Social Responsibility Institutions to help create world stability The United Nations. . For world peace World Bank. . Intermediary between state sponsored projects and provate investors International Monetary Fund Tries to improve fiscal and monetary discipline World Trade Organization (WTO).Rules for international trade. More on these later in course Spring 2009 MGT 4174 5...
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Lecture%203a%20Ethics%20and%20Social%20Responsibility -...

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