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‡ Study relating to moral action,


motive, character«also relating
to standards, feelings, duty and
conduct.
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|usiness ethics are based on society·s ethics and


those of the people who work for and buy from
them.

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Some companies write a     , a
document that explains specifically how
employees should respond in certain situations.
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 is conduct that conforms to ethics
individual beliefs and social standards about what is right
and good.


  tell us what is important. They help us make
decisions about right and wrong.


 are rules we use to decide what is good or bad.
Application should be in all areas of one·s life:
personal, family, business, social, etc.
 




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· o unto others as you would have them do
unto you.µ Luke 6:29-38
·Thou shalt love thy neighbor as thyself.µ
Luke 10:27
 

  

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!" —hat you hate, do not do to anyone.

!" No one of you is a believer until he loves for his
brother what he loves for himself.
 !" o nothing to thy neighbor which thou wouldst
not have him do to thee.
%!" Treat others as you would be treated yourself.
| !" Hurt not others with that which pains thyself.
Ô" —e should behave to our friends as we wish our
friends to behave to us.
&
" May I do to others as I would that they should do
unto me.
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1. Loss of physical assets.


2. Increased costs of security.
3. Loss of customers³especially those who value
ethics.
4. Loss of employees³especially the more ethical
ones.
5. Loss of reputation.
6. Increased legal costs.
7. Loss of investor confidence (lower stock price,
difficulty in raising funds, problems with
lenders).
8. Costs of bankruptcy.

 
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 is denying a qualified individual an interview, job, or
promotion based on his or her religion, gender, sexual orientation, or
physical disabilities.

#   !


 is treating an employee differently based on
their sex (male or female).

The 
  refers to invisible barriers that may affect the career
path of senior leaders in corporate positions.



!" |ehavior that is threatening, disturbing, or
makes others feel uncomfortable.

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!!
refers to an
employer·s obligation to ensure accessibility for all employees.

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 !" Refrain from bribes and excessive gifts.

 
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i |etter information
i Trust from investors.
i Lower costs for audits, controls, investigations.
i |etter allocation of resources.
i Customers will be more loyal.

i Fair competition
i Lowers cost of business in economy.
i Leads to better decision-making (do what·s best for firm, not one
individual).

i Rights of others
i raws upon talents of wider set of individuals.
i evelops long-term respect from the community.
i Maintains the environment for long-term value to.


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Rules and principles that define right and wrong conduct


)!"
Is a measure of an individual·s independence as his/her moral
judgment becomes less and less dependent on outside
influences.


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|asic convictions about what is right and wrong Influence
ethical behavior.

  
 
   
 





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is a crime of lying or pretending. Some businesses
mislead consumers and trick them to buy their products or
services.
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An
  

 occurs when accountants or senior
executives alter accounting records for personal benefit.
!11!, a type of accounting fraud, happens when
an accountant or senior executive creates false accounts
and redirects money into them for personal gain.
 

  
 is buying or selling shares of a company
based on confidential information. This type of trading is
illegal.
_lobal ethical issues

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