Stakeholders and Business Assignment PDF

Added on - 03 Aug 2021

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BY MAHESH SENANAYAKE
VISITING LECTURER
CAMBRIDGE COLLEGE OF BUSINESS MANAGEMENT
Key Areas to Learn
Business Ethics
Stakeholders and Business
Corporate Governance
CSR/Sustainability
Triple Bottom Line
Code of Conduct
GRI – Global Reporting Initiative
Mendelow Matrix /Power interest Matrix
CSR Pyramid ; Carroll’s Model
MAHESH SENANAYAKE2
Ethics ? Morals ? Laws ?Ethics-a branch of philosophy that involves “systematizing, defending and recommending
concepts of right and wrong conduct.”
Ethics involves understanding the differences between right and wrong thinking and actions,
and using principled decision making to choose actions that do not hurt others.( Business Ethics :
A stakeholder and issues management approach )
Morals- of or relating to principles of right and wrong in behavior(https://www.merriam-
webster.com/dictionary/moral)
Laws- a binding custom or practice of a community : a rule of conduct or action prescribed
or formally recognized as binding or enforced by a controlling authority (https://www.merriam-
webster.com/dictionary/law)
MAHESH SENANAYAKE3
EthicsVsMoralityVsLaw
MAHESH SENANAYAKE4
Compliance or Non
compliance will lead to....
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