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business ethics , - Coggle Diagram
business ethics
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CSR and globalisation
globalisation
some transnational corporations have made sincere efforts to live up to their mission statements eg Microsoft, has donated well over $1 billion to charity since 1983
the pursuit of good ethics as the foundation of good business is something that the excess of globalisation might be encouraging
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key issues
whistleblowing
they may do this internally by raising it confidentially with senior staff within the business or more publicly by alerting the media or authorities to what is happening within the business
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in business refers to the practice of an employee drawing attention to unethical or illegal activity taking place within a business
a whistleblower may draw attention to various things, such as;
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although in theory whistleblowers have legal protection, the reality is that often there is a great cost in raising concerns; this may be loss of friendships, poor treatment subsequently from managers, and on occassions the loss of their job
maybe perceived as an individual moral choice. but in some cases, employees have a legal responsibility to report unethical behaviour because of the likelihood that this behaviour is criminal
legal protection
in most cases in the UK, whistle-blowers are protected by the law: The Public Interest Disclosure Act (1998)
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