【正文】
Corporate Responsibility 。 Corporate Responsibility Violates Profits Maximization Lack of Skills Dilution of Purpose Lack of Accountability Too Much Power Cost Prevention over Cures Balance Responsibility amp。 prevent repeat. TWO OPPOSING VIEWS ? Managers are professionals ? They don’t own the business ? Employees are responsible only to shareholders ? Must operate in best interests of shareholders ? Interests = FINANCIAL RETURN ? Corporations are chartered by states ? Corporations are not independent entities ? Responsibility to larger society that endorses their creation ? Company’s first priority = SURVIVAL CLASSICAL/ECONOMIC SOCIO ECONOMIC A “Stake” ? A “Claim”: – A right to something – A demand for something due or perceived to be due. Stakeholders Include ? Employees ? Mangers ? Owners (Shareholders) ? Customers ? Suppliers ? Community ~ Internal ~ ~ External ~ What is Corporate Responsibility ? ? Philanthropic amp。 manuals) 5) Detect nonpliance w/ written standards (monitoring, auditing, systems)。 what’s ethical. ETHICS LAW ? Lawabiding behavior is generally believed to also be ethical. ? There are many particular situations not covered strictly by law that fall under the umbrella of “ethical dilemmas.” ETHICS LAW Legal Liability and Ethics: Due Diligence and Effective Compliance 1) Establish pliance standards reasonably capable of preventing criminal misconduct. 2) Assign specific highlevel individuals to oversee pliance standards. 3) Take care in delegating discretionary authority involving sensitive responsibilities 4) Communicate standards amp。 can lower fines 7. Helps manage values associated with quality management, strategic planning and diversity management 8. Promotes a strong public image 9. Cumulative Benefits – the “bottom line” Compl