04 MGT 353 Chap 4

To meet demands of business stakeholders about three

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: business stakeholders About three-fourths of employees surveyed in 2007 believe their firms are considering the environment, employee well-being, and the interests of society and the community Meeting demands of stakeholders is good business 4-8 Five Key Reasons Business Should Be Ethical 2. To enhance business performance Research shows linkage between ethically responsible behavior and favorable corporate financial performance Imparts trust, promoting positive alliances among business partners 4-9 Five Key Reasons Business Should Be Ethical 3. To comply with legal requirements Two legal requirements provide direction for companies interested in being more ethical in their business operations U.S. Corporate Sentencing Guidelines Sarba...
View Full Document

Ask a homework question - tutors are online