C2 business ethics and corporate social responsibility  LO
1 Define ethics, corporate social responsibility, and corporate sustainability.
2 Explore the concept of business ethics.
3 Describe sources of ethical guidance.
4 Discuss attempts at legislating ethics.
5 Explain the importance of creating an ethical culture and code of ethics.
6 Define human resource ethics.
7 Discuss the importance of linking pay to ethical behavior.
8 Describe ethics training.
9 Describe the concept of corporate social responsibility.
10 Explain corporate sustainability.
11 Describe a social audit.
12 Explain whether corporate social responsibility can succeed in the global environment.

2.1
ethics
Discipline dealing with what is good and bad, or right and wrong, or with moral duty and obligation.
corporate social responsibility (CSR)
Implied, enforced, or felt obligation of managers, acting in their official capacity, to serve or protect the interests of groups
other than themselves.

corporate sustainability
Concerns with possible future impact of an organization on society, including social welfare, the economy, and the environment.



2.2/2.3 business ethics/sources of ethical guidance

2.4 legislating ethics
Procurement Integrity Act
Federal Sentencing Guidelines for Organizations (FSGO) Act

Corporate and Auditing Accountability, Responsibility and Transparency Act (Sarbanes–Oxley Act)

Dodd–Frank Wall Street Reform and Consumer Protection Act

2.5 creating an ethical culture and a code of ethics
2.6 human resource ethics

2.7/2.8 linking pay to ethical behavior/ethics training

2.9 Describe the concept of corporate social responsibility.
employee attraction
employee attitudes
employee skills and knowledge
employee sustainability goal attainment
Sustainability organizational climate
employee sustainability behaviors

2.10 conducting a social audit
2.11 CSR in the global environment