Ethical

• What role does social media play in a company's ethical behavior?

  It can amplify reputational damage quickly
• What is greenwashing and bluewashing?

  Misleading claims about ethical practices
• How can unethical behavior impact a company's sales?

  It may lead to less sales and profits
• What is a public limited company?

  A company whose shares are traded publicly
• How does share price affect managers' bonuses in public limited companies?

  Lower share prices can reduce managers' bonuses
• Why are managers of public limited companies financially aligned to behave ethically?

  Because unethical behavior can lower share prices
• What does Carroll's CSR pyramid suggest about profitability?

  Profitability is the foundation of ethics
• How do competitive pressures affect ethical behavior in companies?

  They may prioritize short-term profitability over ethics
• Why might ethical behavior slow down product development in some industries?

  It can delay speed to market for products
• Why might ethical behavior be less essential for private limited companies?

  They are not tied to share price fluctuations
• What does ESG stand for?

  Environmental, Social, Governance
• Why is ESG finance important for companies?

  It attracts investment from ethical funds
• What should managers consider regarding their suppliers' behavior?

  They must ensure suppliers behave ethically
• How can ethical behavior help in attracting and retaining talent?

  Employees align with ethical mission statements
• Why is it essential for managers to behave ethically?

  It affects consumer shopping behavior
• How do cultural norms influence managers' ethical behavior?

  Managers' backgrounds affect their ethical beliefs