Business Ethics
The standards of conduct and moral values governing actions and decisions in the work environment.
–Social responsibility.
–Balance between what’s right and what’s profitable.
–Often no clear-cut choices.
–Often shaped by the organization’s ethical climate.
Sarbanes-Oxley Act
2002 law that added oversight for the nation’s major companies and a special oversight board to regulate public accounting firms that audit the financial records of these corporations.