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Corporate Responsibilities, Ethics and Governance - PDF

   

Added on  2021-06-17

13 Pages1031 Words50 Views
CORPORATE RESPONSIBILITIES, ETHICS AND GOVERNANCE
Corporate Responsibilities, Ethics and Governance - PDF_1
Aspects of Ethical Business•Ensures honesty and clarity from the business organization•Respect for privacy and individuality•Direct communicationWhat does Ethical Business Practises do?•Improves the reputation of the business in the society•Enhances the confidence of the stakeholders
Corporate Responsibilities, Ethics and Governance - PDF_2
Unethical Issues in Business OrganizationsTrade SecretsConflict of InterestsBreach of PrivacyTheories related to Corporate Business EthicsDeontological or Kantian Ethical TheoryTheory of Utilitarianism or Consequential or Teleological Theory
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•Trade SecretAny confidential information of a business firm that makes an organization advantageous over others in the same field (Lioukina, 2013)•Case related to Trade SecretSpotless Group Holdings v/s Former Employee Mr Reynolds•The Case In Brief Mr Reynolds disclosed sensitive information related to customer base, finance model and biddings to Adelaide Zoo project to the rival company, Blanco Catering.•The result of the caseThe company won the case against the former employee but got only 1/10th of the loss faced by the organization
Corporate Responsibilities, Ethics and Governance - PDF_4

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