Discussion and Participation Questions

When evaluating a corporation is imperative to seek information regarding the companys the corporate governance system of the enterprise. Another important consideration is whether the company has a formal Corporate Responsibility System (CRS) in place. Successful companies such as Starbucks have strong CRS in place with initiative such as purchasing only fair trade coffee. Ethics plays an important role in the future success of a company. Back in the late 1990s the apparel giant Nike Corporation got involved in a messy sweetshop scandal the image and reputation of the company. Another factor to consider is the quantity of philanthropic work companies performed. In order to foster an ethical work environment companies should have a formal code of ethics and an employee manual. Ethics can