Net Positive Company – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

What is a Net Positive Company?A net positive company is a business or firm that has a overall positive impact on its stakeholders (employees, suppliers, customers, community, and society at large). Polman and Winston, propose the following approach by businesses to...

Ethics and Society

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

[cite] Back to: BUSINESS ETHICS What is the role or effect of society on ethics? Cultural pluralism and diversity hinder the development of a common system of personal ethics. Sociological factors lead to ethical concerns for society. Economic interdependence is a...

Morality of Property

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

[cite] Back to: BUSINESS ETHICS What views characterize the debate surrounding the morality of property ownership? The primary criticism of private property is that it allows some people to possess more than they need while others have need. The moral defense of...

Rewards of Business Ethics

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

[cite] Back to: BUSINESS ETHICS What are the benefits to business in pursuing ethical business practices? Effect: Note the enormous size of the worlds largest companies. Profits and business ethics are not contradictory. That unethical behavior is a business...

Achieving Ethics in Business

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

[cite] Back to: BUSINESS ETHICS What are the obstacles to ethical business practice? There are obstacles to ethical corporate behavior that deserve serious consideration. The emphasis on profit, “the bottom line,” can promote unethical behavior within a...

Professional Codes of Ethics

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

[cite] Back to: BUSINESS ETHICS What are the professional codes of ethics? That recent years have revealed extensive development of group standards for ethical conduct. GAAP ABA Code of Professional Ethics Unethical conduct can lead to additional regulation such as...