RSM100Y1 Lecture Notes - Lecture 2: Charlize Theron, Jeffrey Skilling, Chief Financial Officer
Document Summary
Notes: research components, intro to the role of ethics in business, examples. Queen"s received a m gift from david radler to help finance their new business school. After the school is built, they erect a plaque to commemorate him and even named the building after him. 2 years later, radler pleads guilty to criminal charges involving securities fraud and is sentenced to jail and fined (hollinger case) Queen"s board of trustees decides to return the money and remove the plaque from the building. Was this the right decision: affects the reputation of university, deter decisions from future students of applying queen"s. Where are they going to get the money: get budgets from different departments, black family wing conrad black. Ethics the discipline dealing with what is good and bad and with moral duty and obligation a set of moral principles. The social responsibility of business is to increase its profits .
