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Business and Society
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Business and Society
Ethical, Legal, and Digital Environments

Second Edition
January 2025 | 496 pages | SAGE Publications, Inc
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Part I • Managing in Today’s Business World
 
Chapter 1 • Stakeholder and Shareholder Theories
Defining Stake and Stakeholder

 
Stakeholder Versus Shareholder Theories

 
The Stakeholder and Shareholder Debate

 
Stakeholder Types: Interests, Issues, Legitimacy, and Power

 
Managing Stakeholders

 
 
Chapter 2 • Corporate Social Responsibility
Corporate Social Responsibility Defined

 
Corporate Social Responsibility as a Strategy

 
Different Corporate Social Responsibility Views and Schools of Thought

 
Corporate Social Responsibility and its Limitations

 
Corporate Social Responsibility Strategies and Trends

 
 
Chapter 3 • Ethics and Ethical Reasoning
Morals, Ethics, and The Law

 
Motivations and Rationalizations

 
The Origin of Ethics

 
Ethical Theories

 
Organizational Ethics and Creating an Ethical Climate

 
 
Chapter 4 • Organizations and Public Policy
Role of Business in Shaping Laws and Policy

 
Evolution of Lobbying: Opportunities for Influence

 
Creating Public Policy

 
Public-Private Partnerships

 
Ethical Dimensions of Influencing Policy

 
 
Chapter 5 • Corporate Personhood
Corporate Personhood

 
Regulation of Business Through the Commerce Clause

 
Regulation Through the Tax and Spend Clause

 
 
Chapter 6 • Liability, Business Agreements, And Managing Risk
Risk of Injury

 
Respondeat Superior and Product Liability

 
Contracts

 
Limiting Risk Through Contracts

 
 
Chapter 7 • Government Regulation of Business
Anticompetitive Behavior and Antitrust Regulation

 
Protection of Consumers and Creditors

 
 
Part II • Building Relationships and Working with Stakeholders
 
Chapter 8 • International and Multinational Organizations
Cultural Competence

 
International Customs and Law

 
Doing Business Around the World

 
 
Chapter 9 • Environmentalism and Sustainability
Environmentalism: Definitions and Policy Objectives

 
Green Management and Competitive Advantage

 
Sustainable Development

 
Climate Change

 
 
Chapter 10 • Environmental Risk, Regulation and Reporting
Environmental Risk: Challenges and Opportunities

 
International and Domestic Environmental Regulations

 
Government Regulation and Protection

 
Environmental, Social and Corporate Governance (ESG)

 
The Disclosure Landscape

 
 
Chapter 11 • Employees and The Corporation
The Employment Relationship

 
Employment At-will

 
Controlling the Employment Relationship With Contracts

 
Workplace Protections

 
Employee Privacy

 
 
Chapter 12 • Managing A Diverse Workforce
Managing for Innovation

 
Bias and Discrimination

 
Intersectionality

 
Laws to Protect Against Discrimination

 
 
Chapter 13 • Governance of The Organization, Investors, And Financial Markets
The Global Financial System

 
Government Regulation of Markets

 
The Role of Corporate Governance and Effect of Financial Crises

 
 
Part III • Contemporary Business Issues in Today’s Society
 
Chapter 14 • Social Media and Citizen Movements
The Evolution of Social Media

 
The Business Model of Social Media

 
How Business Use Social Media

 
Society, Democracy, and Social Media

 
What Rules Apply to Social Media

 
 
Chapter 15 • Big Data and Hacking
The Digital Revolution

 
The Digital Dive

 
Big Data and the Organization

 
Digital Security and Safety

 
Legal Issues and the Use of Big Data

 
Ethical Issues and the Use of Big Data

 
 
Chapter 16 • Privacy in The Digital Age
What is the Right To Privacy

 
Collecting Personal Information: Benefits and Harms

 
Right to be Forgotten, Right to Erasure, and Surveillance

 
What Can Managers Do?

 
 
Glossary
 
Notes
 
Index

Supplements

Instructor Resource Site
The online resources for your text are available via the password-protected Instructor Resource Site, which offers access to all text-specific resources, including a test bank and editable, chapter-specific PowerPoint® slides. 
 
For additional information, custom options, or to request a personalized walkthrough of these resources, please contact your sales representative. 
Student Study Site
Key features
KEY FEATURES:
  • Case studies on real-world companies including Juul, Uber, Twitter, YouTube, Google, and Amazon keep students engaged.
  • Law & Society features provide an in-depth summary of a recent legal case and ask students to think more broadly about decisions and how they might impact society and business.  
  • Ethics in Context features examine relevant and thought-provoking ethical challenges that raise multiple issues for stakeholders. Students are asked to apply different ethical frameworks and offer alternative solutions.
  • Manager’s Challenge exercises provide stakeholder dilemmas to stimulate creative thinking and problem-solving as students grapple with competing interests.
  • Point-Counterpoints present conflicting views or positions about a relevant chapter topic to illustrate that not every issue is black and white.

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