Business Ethics And Risk Management
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Business Ethics And Risk Management
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Author : Christoph Luetge
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-01
Business Ethics And Risk Management written by Christoph Luetge and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-01 with Philosophy categories.
This volume explores various aspects of risk taking. It offers an analysis of financial, entrepreneurial and social risks, as well as a discussion of the ethical implications of empirical findings. The main issues examined in the book are the financial crisis and its implications for business ethics. The book discusses unethical behaviour as a reputational risk (e.g., in the case of Goldman Sachs) and the question is raised as to what extent the financial crisis has changed the banks’ entrepreneurial strategy. The book presents an analysis of the reasons leading to the crisis and identifies them as ethical dilemma structures. In addition, it looks at general questions regarding ethical behaviour and risk taking, such as: To what extent does the social embeddedness or abstraction play a role in guaranteeing ethical behaviour? What conclusions can be drawn from institutional or evolutionary perspectives on risk management? Finally, the book discusses further issues that become factors of risk within and between societies, such as work insecurity, corruption or the problem of facilitation payments as a risk in international transactions.
Governance Ethics Risk Management Internal Control
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Author : Campuswise
language : en
Publisher: Campuswise
Release Date : 2020-06-19
Governance Ethics Risk Management Internal Control written by Campuswise and has been published by Campuswise this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-19 with Business & Economics categories.
The primary objective of this book is to help students understand the course subject.
Ethics Governance And Risk Management In Organizations
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Author : Intan Marzita Saidon
language : en
Publisher: Springer Nature
Release Date : 2020-04-06
Ethics Governance And Risk Management In Organizations written by Intan Marzita Saidon and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-06 with Business & Economics categories.
This book brings together research works, ideas, critical reviews and strategic proposals encompassing various ethical and corporate governance issues in workplaces and organizations around the globe. For the most part, organizations are managed by policies, guidelines and systems. Good ethics and solid corporate governance help to tie these three elements together so that an effective and successful organization is established. Alongside corporate governance, ethics play an integral role in ensuring the long term survival of businesses. Multidisciplinary in approach, this book provides a platform for scholars and researchers from various backgrounds and interdisciplinary expertise to showcase their research work, ideas, critical review and strategic proposals on the ethical aspects, governance and risk management issues in organizations. The book includes discussions of ethical issues in a variety of organizations around the globe including the non-profit and non-governmental sector and also provides readers with ideas, guidelines and strategic recommendations for handling such issues.
Governance Ethics Risk Management Internal Control
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Author : Gerwin M. Ortega
language : en
Publisher: Google Books
Release Date : 2020-06-19
Governance Ethics Risk Management Internal Control written by Gerwin M. Ortega and has been published by Google Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-19 with Business & Economics categories.
This book is designed to prepare BSA and BSMA students to become professionals who provide value to the organization and who serve as the catalyst for improving organization governance, risk management, and internal control. This subject, “Governance, Risk Management, and Control,” makes up thirty-five percent (35%) of the 2019 CIA Exam Syllabus, Part 1 – Essentials of Internal Auditing, covering the foundation of internal auditing; independence and objectivity; proficiency and due professional care; quality assurance and improvement programs; governance, risk management, and control; and fraud risk. May this book be a blessing to BSA and BSMA students.
Ethics And Risk Management
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Author : Lina Svedin
language : en
Publisher: IAP
Release Date : 2015-07-01
Ethics And Risk Management written by Lina Svedin and has been published by IAP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-01 with Business & Economics categories.
The underlying rationale for this book is to present research that a) highlights the explosively political and deeply divisive issues involved in managing risk and b) address the empirical deficit and theoretical challenges related to managing societal risk ethically. Extant risk management research borrows heavily from engineering, systems theory and business management, and is primarily focused on probabilities, modeling, and abstractions of the value of mitigative action. This research engenders a false sense of objectivity and it de-politicizes fundamental political and democratic questions about the allocation of society’s scarce resources and about the balance of responsibilities between governing institutions and individuals with regard to risk. The quantitative and hard-science focus on risk also keeps a discussion of the consequences of the distribution of risk, resources and responsibilities for real people out of the lime light. The contributors to this book are experts in a wide range of academic fields and in this book they take on the challenge of examining their core research with a specific ethics perspective. They explore the ethics of risk management using theory, cases and data from a range of policy areas, countries and philosophical traditions. This book should be of interest to scholars and practitioners working in fields that deal either implicitly or explicitly with risk. This would include, but is not limited to, scholars and students of public management, public sector ethics, public policy, risk regulation, and risk management. The book deals directly with core problems of management in the public sector, value-conflicts, multiple principals and stakeholders, as well as information analysis and the application of sound and valid decision-making processes. The book can be adopted as a core text for graduate courses in public management, public policy, public administration ethics, and comparative politics. It would also work well as an applied theory text in comparative politics; ethics centered courses in political science, as well as more narrowly focused courses on risk, crisis and disaster management. For the practitioner audience, this book pin-points the ethical stakes, the analytical and managerial challenges, and the necessary tools to meet the many risks that societies face. This book, Ethics and Risk Management, provides a unique take on the realities of cost-benefit analysis, efforts to control and regulate risk and risky behavior, as well as the decidedly bounded rationality with which we, as decision-makers and citizens, perceive and take risks. The work of identifying, understanding, prioritizing and designing effective tools to mitigate and manage risk is an inherently analytical and strategic process best suited to take place before and between crises. Successful risk analysis and management reduces the general occurrence of crises, while the ethical analysis and management of risk serves to reduce the likelihood of subsequent socio-political turmoil should a crisis occur. Thus, the investment that any practitioner makes in risk management has the potential to yield both social and political benefits if the analysis and work is done with an eye toward ethics and stakeholder analysis.
Introduction To Business Ethics
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Author : Gilad James
language : en
Publisher:
Release Date : 2023-05-16
Introduction To Business Ethics written by Gilad James and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-16 with Business & Economics categories.
Business ethics is an important aspect of modern-day business operations. It refers to the moral principles and values that dictate how business activities should be conducted. The concept of business ethics encompasses a broad range of practices, including transparency, honesty, respect for human rights, fair labor practices, environmental stewardship, and ethical leadership. Business ethics is important for both the internal and external stakeholders of an organization. Internally, businesses that prioritize ethical practices have been found to enjoy higher employee morale, productivity, and overall job satisfaction. Externally, ethical business practices can help build a positive reputation, foster customer loyalty, and increase long-term profitability. There are several critical factors that have contributed to the emergence of business ethics as a cornerstone of modern business practices. These factors include growing public awareness and concern about ethical issues, increasing regulatory and legal requirements, and evolving social and moral norms. This has led to the development of corporate social responsibility, which recognizes the responsibility of organizations to act in a socially responsible manner, taking into account the impact of their activities on the environment, society, and the economy. In conclusion, business ethics has become a fundamental concept in contemporary business operations, with its contribution going beyond just financial profits. It emphasizes the role of organizations in society and emphasizes the importance of operating in a just and equitable manner that respects the interests of all stakeholders. Overall, businesses that prioritize ethical practices demonstrate a commitment to sustainable and responsible business practices that promote the well-being of society as a whole. The success of these businesses is rooted in their ability to balance profitability with a wider social agenda. As businesses continue to evolve and adapt to an ever-changing landscape, it is clear that business ethics will remain a cornerstone of responsible and sustainable business practices. In this book we discuss topics such as: Introduction: Definition of Business Ethics, Importance of Business Ethics Ethical Theories: Consequentialist Theories, Non-Consequentialist Theories Ethical Decision Making: The Ethical Decision Making Process, The Role of Ethics in Decision Making Corporate Social Responsibility: What is Corporate Social Responsibility, The Importance of Corporate Social Responsibility, The Role of Stakeholders in Corporate Social Responsibility Ethics and Management: Leadership and Ethics, Employee Ethics, Ethics in Marketing, Ethics in Finance, Ethics in Information Technology Ethics and Sustainability: What is Sustainability, Why Sustainability is Important, The Role of Business Ethics in Achieving Sustainability Ethics and Globalization: Cultural Issues in Business Ethics, Global Business Ethics Ethics and Risk Management: Ethics and Risk, Ethical Risk Assessment Ethics and Law: Legal Issues in Business Ethics, Regulatory Compliance Ethics and Philanthropy: Charitable Giving and Business Ethics, Corporate Philanthropy and Social Responsibility Conclusion: Summary of Topics Covered and The Future of Business Ethics. Quizzes are provided at the end of each section.
Managing Corporate Reputation And Risk
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Author : Dale Neef
language : en
Publisher: Routledge
Release Date : 2012-06-25
Managing Corporate Reputation And Risk written by Dale Neef and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-25 with Business & Economics categories.
With the collapse of high-profile companies such as Enron and Tyco, worldwide anti-globalization protests, and recent revelations of questionable behavior by financial groups and auditors, corporate behavior has become the highest priority topic for businesspeople, investors, politicians and the public. Yet despite the critical importance of maintaining public and shareholder trust, most corporations make very little formal effort to actively manage the activities that can put their reputation, share price, and customer base at risk. Most corporations officially embrace the concept of Corporate Social Responsibility; but giving money away to local communities or worthy causes will not prevent an ethical disaster. The problem is not social irresponsibility; the problem is a lack of knowledge about what is taking place in the company or at its subcontractor sites. What companies need to be thinking about is not a theoretical construct around Corporate Social Responsibility, or how they can spin public opinion by charitable actions. They need to be thinking about how they can create a practical knowledge and risk management framework in their company that allows them to avoid costly and reputation-damaging behavior in the first place. Ultimately, this comes down to knowledge management. Whether violations of human rights, employment law, or environmental standards - or simply accounting shenanigans - invariably the reason that these activities are not anticipated and avoided is simply that executives and board members do not realize what is happening in the organization, and what the likely implications of actions will be. And the larger the organization, the more extensive that lack of knowledge. The good news is that developing a strategic approach to corporate integrity is neither exceptionally expensive nor particularly difficult. The problem is that companies that are already using sophisticated information technology and knowledge management tools for gathering internal and external information have focused those systems and practices almost exclusively on operational issues and increasing productivity. But these same knowledge management techniques - built around emerging ethical guidelines being developed by international standards groups - can be used by companies to create an effective global policy for building and maintaining corporate integrity. This means applying knowledge management techniques in three important areas: * First, they need to mobilize key employee knowledge and the vast amount of information available on potentially sensitive issues in a way that allows key decision-makers to "sense and respond" quickly and correctly to developing risks. * Second, it means creating objective, scenario-based guidelines for ethical behavior, communicating those guidelines using knowledge management techniques among key organizational leaders, and providing a workable system of incentives for managers to surface potentially dangerous issues. * Third, companies need to adopt emerging guidelines such as AA1000 that provide for ethical procedures and performance indicators that enable companies to audit and monitor their own behavior, and also to provide shareholders and the buying public with an objective report on the company's ethical performance. Much like ISO 9000, Six Sigma and other performance and productivity and practice standards of the 1990s, these new global ethics standards will inevitably become a baseline by which investors and customers judge a company's potential for future growth and stability. High marks on auditable ethical performance set against these guidelines will become an important way for companies to differentiate themselves from their competition in the future. Developing a workable program for corporate ethics will be one of the most important issues of this decade, and will be "the next big thing" for large organizations. A drive toward standardized reporting of corporate ethics practices was coming anyway; the recent public corporate disasters will only encourage corporate executive teams to scramble to demonstrate to customers and shareholders that their organization takes these issues seriously. This book, therefore, will be a primer for business people and business students worldwide who will shortly be tasked with devising or participating in those types of corporate integrity initiatives, and will explain how knowledge management is indispensable as a tool for helping corporations to manage their risk and integrity policies. Through a mixture of leading practice case studies and a clear framework, it will show how a corporation can begin to combine leading practices in risk and knowledge management with emerging international guidelines in order to develop and manage a program of corporate integrity.
Business Ethics
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Author : Bob Tricker
language : en
Publisher: Routledge
Release Date : 2014-01-03
Business Ethics written by Bob Tricker and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-03 with Business & Economics categories.
Traditionally, books on business ethics focus on CSR, companies’ relations with their stakeholders, and corporate citizenship. More recently, green credentials and sustainability have been added to that agenda. Unconventionally, this book argues that business ethics are basic to running business, not a separate subject. They are inherent to the governance and management of every organization, not an optional exercise in corporate citizenship. Business ethics concern behaviour in business and the behaviour of business. Decisions at every level in a company have ethical implications – strategically in the board room, managerially throughout the organization, and operationally in all of its activities. The use, and sometimes the abuse, of corporate power, the process of corporate governance, raises ethical issues. Business involves risk-taking, whether decisions are at the strategic, managerial, or operational level. Exposure to ethical risk needs to be part of every organization’s strategy formulation, policy making, and enterprise risk management. Designed to be read by both undergraduates and postgraduates, this book is a primer on ethics in business. It is also relevant to ethics courses that are now part of many legal, accountancy and other professional examinations. The book is not about moral philosophy, nor does it prescribe appropriate standards of behaviour or recommend economic, legal or political solutions. Rather it enables readers to recognize ethical issues in business, to respond appropriately, and to embed ethics in business processes. The book not only considers what business ethics are, and why they are important, but offers practical approaches on how to develop a successful corporate ethics culture.
Bootstrapping Ethics
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Author : Rupert Evill
language : en
Publisher: John Wiley & Sons
Release Date : 2022-12-27
Bootstrapping Ethics written by Rupert Evill and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-27 with Business & Economics categories.
Practical, cost-effective tools for personal and organizational risk mitigation In Risk Management: Tools, Tips, and Techniques to Help Your Organization Achieve Its Strategic Goals, accomplished fraud investigator and risk advisor Rupert Evill delivers a smart, simple, and hands-on guide to managing risk and ethics in your organization. You’ll learn to protect yourself, your organization, and your stakeholders from regulatory and other risks with frontline-tested strategies and frameworks designed to achieve both quick wins and long-term risk mitigation. In the book, the author shows you how to create tangible economic returns by reducing organizational exposure to common—and not-so-common—risks by promoting the right values, managing conflict, prioritizing the communities you serve, and preventing discrimination and harassment against your employees. You’ll also: Learn to manage external stakeholders and their expectations Keep your risk mitigation strategies cost-effective and straightforward so you can scale them throughout your organization Get on top of your diversity, equity, and inclusion efforts and make sure they’re getting results A can’t-miss resource for purpose-driven changemakers looking to maximize their impact at the organizations they serve and in the world, Risk Management is also the tactical and practical antidote to the seemingly endless stream of new regulations and oversight facing many modern firms.
The Business Ethics Twin Track
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Author : Steve Giles
language : en
Publisher: John Wiley & Sons
Release Date : 2015-04-08
The Business Ethics Twin Track written by Steve Giles and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-08 with Business & Economics categories.
Institute a proactive reputational management framework that matches individual behaviour to organizational values The Business Ethics Twin-Track is a practical guide to reputational risk management. A deep exploration of the concept of reputation, the ways in which it can suffer, and the consequences when it does, the book outlines an ethics controls framework that can mitigate risk and improve business performance. Readers will learn how to identify and manage weaknesses, and how to institute a system of governance that embeds proper, ethical conduct into the corporate culture. A clear set of controls and procedures provides actionable instruction that can be customised to suit the organisational structure, and discussion of historical and international ethics provides the context for implementation. Case studies illustrate the real-world applications, while interviews with executives from a variety of sectors provide important practical insights into some of the key issues discussed in the book. The law regulates behaviour in health and safety and financial crime, but otherwise, conduct is largely determined by the culture, ethics and values of an organisation. Effective reputation management is complex, and often difficult to achieve, as much of the available information on the topic is more theoretical than practical. This book bridges the gap by providing the tools that will help managers to: Implement a modern ethics control framework, encompassing codes, officers, reporting lines and training Consider the role of the media and social media in reputational damage to individuals and organisations Analyse the key controls in responsibility and governance frameworks from around the world Determine the causes and controls of conduct risk, including incompetence, negligence and criminality Today's fast-paced media environment means corporate reputations can be obliterated in moments, and damage limitation is often too little, too late. Adopting the measures set out in this book will embed ethics into the culture, and match people's behaviours to the organisation's values.