week 7

• What are the intended learning outcomes (ILO) for this topic?

  Explore business and law conjunction
• Why is it important to understand key approaches to law in business?

  It helps navigate legal frameworks effectively
• What does corporate governance refer to?

  Rules and processes managing a company
• What are the key elements of corporate governance?

  Strategic decisions, compliance, and risk management
• What is greenwashing?

  Misleading claims about environmental friendliness
• What is the purpose of the Conference of the Parties (COP)?

  To address global climate change issues
• What was the Paris Agreement?

  An international treaty on climate change
• What does the socio-legal approach to business and law emphasize?

  Resolving disputes and legitimizing power
• What does the law and economics approach emphasize?

  The necessity of regulations for economic growth
• What are some important regulatory topics in business?

  Intellectual property and consumer protection
• What characterizes white-collar crime?

  Non-violent crimes for self-interest
• What is the threefold typology of white-collar crime?

  Pre-planned, intermediate, and slippery-slope frauds
• What does the criminal profile of corporate crime indicate about fraudsters?

  Predominantly male, aged 36-55, motivated by greed
• What is the purpose of employment law?

  To regulate employer-employee relationships
• What are zero-hour contracts?

  Contracts with no guaranteed work hours
• What characterizes the gig economy?

  Flexible, temporary, or freelance jobs
• How is gig work defined?

  Short-term, task-based work via digital platforms
• What recent research revealed about gig economy participants in the UK?

  4.4% engaged in gig work, mostly younger individuals
• What concerns are associated with gig work regarding financial security?

  Low earnings and dissatisfaction with benefits
• How do trends influence the future of gig work?

  Intentions to continue gig work vary among participants
• What are the intended learning outcomes (ILO)?

  Explore business and law intersection
• Why is understanding key legal approaches in business important?

  It helps navigate legal complexities in business
• What does a company's legal status affect?

  Taxation, liability, and finance
• How does corporate governance impact a company?

  It manages and controls company operations
• What underpins Corporate Governance (CG)?

  The UK Corporate Governance Code
• What are the key functions of corporate governance?

  Strategic decisions, compliance, and risk management
• What is greenwashing?

  Misleading consumers about environmental benefits
• What is the role of the Advertising Standards Authority (ASA) in greenwashing?

  Enforces advertising codes to prevent misleading claims
• What does COP stand for?

  United Nations Climate Change Conference
• What is the Paris Agreement?

  An international treaty on climate change
• What approach emphasizes social orientation in business regulation?

  The socio-legal approach
• What does the law and economics approach focus on?

  Regulations for market efficiency and growth
• Name some important regulatory topics in business.

  Intellectual property, GDPR, consumer protection
• What is white-collar crime?

  Non-violent crime for personal gain
• What are the three typologies of white-collar crime?

  Pre-planned, intermediate, slippery-slope frauds
• What is the profile of corporate criminals according to KPMG?

  Predominantly male, ages 36-55, executive roles
• How does employment law regulate relationships?

  It governs expectations and employee rights
• What is the gig economy?

  Flexible, temporary, or freelance jobs
• What are zero-hour contracts?

  Contracts without guaranteed hours for workers
• How does the gig economy provide flexibility?

  Workers can choose jobs from multiple firms