Definition 1 of 49
Carrot and Stick: Carrot is incentives to organizations to develop strong internal control
system to detect and manage illegal behavior; Stick provides for severe punishment for
organizations that are convicted of crimes and were not proactively managing legal
compliance within the organization
Principle Of Legality And Fair Notice
Sarbanes-oxley Act
U.S. Sentencing Guidelines
U.s. Criminal Code
Definition 2 of 49
Confidentiality, product safety, truth in advertising, fiduciary responsibilities
Culture
Leadership concerns
Conflicts of interest
Customer confidence issues
Definition 3 of 49
Maximize benefits and minimize harm to society
Virtue Ethics
Deontological
Consequentialist
Golden Rule
,Definition 4 of 49
Whistle blowers who report corporate wrong doing against the govt can be awarded 15-30%
of whatever damages the federal government recovers
False Claims Act
Stark Law
Anti-kickback Statute
Consequentialist
Definition 5 of 49
How would you feel if your behavior appeared on X? Aka NY times test
Deontological
Disclosure Rule
Golden Rule
Categorical Imperative
Definition 6 of 49
Focus on how people think about and decide how to ethically act; Moral reasoning develops
sequentially through 3 broad levels each having two stages; Can comprehend stages below
their own, but not more than one stage above their own
Rawls' Veil of Ignorance
Kohlberg's Theory of Cognitive Moral Development
Machiavellianism
Idealism
,Definition 7 of 49
Being socially responsible creates shared value and can differentiate one from competitors;
when society prospers, business prospers
What are key differences between deontology and consequentialism/utilitarianism?
Strategic - Social Responisiblity
Communication Channels
Pragmatic - Social Responsibility
Definition 8 of 49
Psychological - how people actually make decisions
Descriptive approach
Script processing
Normative stakeholder
Normative approach
Definition 9 of 49
Economic, Social, Environmental
Sustainable Development
Outcome-based Ethics
Corporate Social Responsibility
Triple Bottom Line
, Definition 10 of 49
Self interest, opportunistic, deceptive, manipulative, associated with unethical actions, "end
justifies the mean"
Idealism
Narcissism
Machiavellianism
Relativism
Definition 11 of 49
Role models, heros, norms, rituals, myths, stories, language
Informal systems
Communication channels
Ethical judgement
Hierarchical structures
Definition 12 of 49
Okay to violate a rule for good reason
Virtue Ethics
Kant's Categorical Imperative
Doctrine Of Double Effect
Rawl's Veil Of Ignorance
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