Business Ethics

Running head : BUSINESS ETHICSIntroductionCorporate social responsibility (CSR ) is an superior aspect of any business enterprise operating in a local or international market Fulfilling obligations towards stakeholders informs joint bodies of the need to codify the expected behavior of all employees ( HYPERLINK hypertext channelize protocol /www .amazon .com /exec /obidos /search-handle-url / referee ntt_athr_dp_sr_ 2 5Fencoding UTF8 search-type ss force books field-author C 20K 20Pra halad Prahalad HYPERLINK hypertext transfer protocol /www .amazon .com /exec /obidos /search-handle-url /ref ntt_athr_dp_sr_ 3 5Fencoding UTF8 search-type ss index books field-author Michael 20E 20Porter Porter , 2003 . focussing teams of collective bodies have contributed to the collapse of major(ip) firms because of wrong practices and now theft of company resources . Internal audits and codes of ethics have be ineffective in stemming the tide of decision maker greed and insider calling that has led to the fall of big firms wish Enron .

To protect stakeholders from unethical practices of corporate leaders , a corporate responsibility truth should be enacted that clearly outlines the functions , structure and obligations of executive boardsSarbanes- Oxley laws set a precedent in regulating the trouble of public corporations ( HYPERLINK hypertext transfer protocol /www .amazon .com /exec /obidos /search-handle-url /ref ntt_athr_dp_sr_ 2 5Fenc oding UTF8 search-type ss index books field-! author C 20K 20Pra halad Prahalad HYPERLINK hypertext transfer protocol /www .amazon .com /exec /obidos /search-handle-url /ref ntt_athr_dp_sr_ 3 5Fencoding UTF8 search-type ss index books field-author Michael 20E 20Porter Porter , 2003 . By restricting chairpersons from dimension the seat of chief executive , the legislation reduced the relative incidence of executives mismanaging the company for their personal...If you want to get a full essay, guild it on our website: OrderCustomPaper.com

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