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"An authoritative and practical guide to business ethics, written in an accessible-question-and answer format. In today's turbulent business climate, business ethics are more important than ever. Surveys of employees show that misconduct is on the rise. Cover stories reporting indictments, prosecutions, and penalties imposed for unethical business conduct appear almost daily. Legislatures pass requirements elevating the levels of punishment and their enforcement against corporations and individuals. Organizations face pressure to design and implement effective ethics and compliance programs. As a result, businesses and businesspeople are increasingly worried that their conduct might cross lines that put their wealth and reputations at risk. Business Ethics: What Everyone Needs to Know ® explains what those lines are, how not to cross them, and what to do when they are crossed. Written for both business people facing real-life dilemmas and students studying ethical questions, this succinct book uniquely surveys materials from moral philosophy, behavioral science, and corporate law, and shares practical advice. Experts J.S. Nelson and Lynn A. Stout cover a wide array of essential topics including the legal status of corporations, major ethical traps in modern business, negotiations, whistleblowing and liability, and best practices. Written in a short question-and-answer style, this resource provides engaging and readable introductions to the basic principles of business ethics, and an invaluable guide for dealing with ethical dilemmas" --Provided by publisher.
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Der Band "Nachhaltigkeit unter Stress. Frakturen in Gesellschaft, Umwelt und Wirtschaft" erwuchs vor dem Hintergrund der Spannungen im Kontext von Corona-Pandemie und Klimakrise. Grundlage bilden die Vorträge im Rahmen des wissenschaftlichen Symposiums am (digitalen) 3. Ethik-Tag an der Hochschule Rhein-Waal Campus Kamp-Lintfort im Juni 2021. Einen Beitrag zur besseren Verortung inmitten der Frakturen der Gesellschaft, der Wirtschaft und der Umwelt liefert dieser Band mit analytischen Skizzen, wo und warum selbst in der Nachhaltigkeit ein Stressempfinden vorliegt und begibt sich auch auf den Weg, Richtungen aufzuzeigen, die diesen Frakturen entgegenwirken können oder es konkret schon tun. Die Bemühungen hierzu betreffen somit erneut sowohl theoretische wie auch praktische Fragestellungen in allen gesellschaftlichen Bereichen und von und mit allen gesellschaftlichen Akteur: innen. Die vorliegenden Beiträge zu diversen gesellschaftlichen Bereichen rund um das Thema Soziale Verantwortung und Planetare Grenzen, sind systematisch gemäß dem Vorbild der Triple-Bottom-Line angeordnet in die Kapitel Wirtschaft, Umwelt und Gesellschaft. Die Bemühungen um Lösungsvorschläge betreffen dabei alle Bereiche dieses Dreiklangs. Durch die vorliegende Publikation wollen die Herausgeber: in somit einen Beitrag leisten, indem die Stellungnahmen der Autor:innen sich den Themen von Moral und Ethik im Allgemeinen und Sozialer Verantwortung in der Gesellschaft im Speziellen widmen.
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The private sector has been at the forefront of economic transformation, job creation, and poverty reduction around the world for the past three decades. In developing countries, the private sector provides over 90 percent of jobs. According to a World Bank Group survey of the poor getting a job or starting a business is the most effective way out of poverty. As the global economy seeks to repair the economic scars from the COVID-19 pandemic, with strained public resources, countries will have to rely even more on the private sector to mobilize the investment needed for recovery. The World Bank Group Investment Climate (IC) team works with regional teams and client countries to develop regulatory reform programs to support private sector development in five workstreams. The areas of work include identifying and designing reforms to improve the regulatory environment for firms along all phases of the business life cycle - formalization and entry, operations, expansion, and exit. Investment Climate programs are implemented through the full range of WBG instruments, both lending and advisory. This guide provides a framework for policy makers and economic development practitioners to use to design effective regulatory reforms addressing the entire life cycle of a firm. In all areas of regulation, the IC team emphasizes the equal importance of refining the rules to create a foundation for reform and improving implementation to provide a truly level playing field for businesses.
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"Packed with examples, this book offers a clear and engaging overview of ethical issues in business, understood as both an activity and an entity. It begins with a discussion of foundational issues, including the objectivity of ethics, the content of ethical theories, and the debate between capitalism and socialism, making it suitable for the beginning student. It then examines ethical issues in business in three broad areas. The first is the market. Issues explored are what can be sold (the limits of markets) and how it can be sold (ethics in marketing). The second is work. Topics in this area are health and safety, meaningful work, compensation, hiring and firing, privacy, and whistleblowing. The third area is the firm in society. Here readers explore corporate social responsibility, corporate political activity, and the set of ethical challenges that attend international business. Issues are introduced through real-world examples that underscore their importance and make them come alive. Arguments for opposing positions are given fair hearings and students are encouraged to develop and defend their own views. Key Features: Introduces each topic with a real-world example, which is referenced regularly in the subsequent argument. Contains a critical evaluation of capitalism and socialism, with a focus on private property, the market system, and the welfare state. Explores the limits of markets and encourages students to ask what should and should not be for sale. Explores the phenomena of corporate political activity and ethical consumerism. Includes initial chapter overviews, and-at the end of each chapter-study questions and suggested additional readings"--
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In the past 30 years, senior executive pay has increased dramatically in the UK, US and other developed countries, causing much debate and, at times, public outrage. In this book, Alexander ('Sandy') Pepper argues that this soaring inflation in high pay is the result of a market failure, leading to inefficient pay practices that are replicated across industries. Individual company's renumeration committees face a prisoner's dilemma, and so recommend over-the-odds payments in the vain hope of obtaining superior talent. For institutional investors, these developments have created a collective action problem, with many historically unwilling or unable to intervene to curtail excessive corporate pay. But are executives themselves really the greedy, self-interested, fat cats of popular culture? Based on a thought experiment and survey of beliefs of over a thousand senior executives from around the world, Pepper and his colleagues found that business executives in fact tend not to justify their pay levels as if they were ethical egoists entitled to act entirely in their own self-interest. Instead, they expressed support for a range of ethical beliefs on inequality and distributive justice. They can be categorised as either welfare liberals, relational egalitarians, meritocrats or free marketeers. Many believe that in a civilised society everyone has the right to an income that is sufficient for a dignified life, and that companies, not just governments, have responsibilities in this respect. So, Pepper argues, it is the market failure in executive pay that has created such wage inflation at the top, and this ultimately requires an ethical response from investors, companies and executives. This is a book for anyone who wishes to understand and tackle business's role in the growing social inequality of advanced economies in an informed, fair and feasible way.
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In the past 30 years, senior executive pay has increased dramatically in the UK, US and other developed countries, causing much debate and, at times, public outrage. In this book, Alexander ('Sandy') Pepper argues that this soaring inflation in high pay is the result of a market failure, leading to inefficient pay practices that are replicated across industries. Individual company's renumeration committees face a prisoner's dilemma, and so recommend over-the-odds payments in the vain hope of obtaining superior talent. For institutional investors, these developments have created a collective action problem, with many historically unwilling or unable to intervene to curtail excessive corporate pay. But are executives themselves really the greedy, self-interested, fat cats of popular culture? Based on a thought experiment and survey of beliefs of over a thousand senior executives from around the world, Pepper and his colleagues found that business executives in fact tend not to justify their pay levels as if they were ethical egoists entitled to act entirely in their own self-interest. Instead, they expressed support for a range of ethical beliefs on inequality and distributive justice. They can be categorised as either welfare liberals, relational egalitarians, meritocrats or free marketeers. Many believe that in a civilised society everyone has the right to an income that is sufficient for a dignified life, and that companies, not just governments, have responsibilities in this respect. So, Pepper argues, it is the market failure in executive pay that has created such wage inflation at the top, and this ultimately requires an ethical response from investors, companies and executives. This is a book for anyone who wishes to understand and tackle business's role in the growing social inequality of advanced economies in an informed, fair and feasible way.
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