ADM 1101 Lecture Notes - Lecture 5: Public Company Accounting Oversight Board, Disclose, New Balance
Document Summary
Consumers can force companies to behave in particular ways by refusing to purchase goods or services or through boycotts. Corporate self-discipline regulation: mission, values statement, codes of conduct or ethics. Partnership (ppp): directly managers (through regulation) large areas of private business activity, is the protector of various societal interests against business exploitation. Legal system can be used to protect stakeholders (eg. investors, consumers, employees) Attempts have been made to legislate csr in u. s. , uk, and canada but with only limited success. Publicly expressed support for a candidate or party. All attempts to influence directly or indirectly any government activity and includes any attempt to influence legislators, their staff members, public administrators, and members of regulatory agencies. In-house lobbying capability through government relations or public affairs staff. Opinions or perspectives must be made known to governments if informed decisions are to be made about public policies affecting business. Practices unethical (e. g. , bribes, gifts, improper political contributions, blackmail)