In Chapter 4, we discussed how business ethics became institutionalized. The text book discussed several regulations to keep businesses in-check such as the Dodd-Frank Wall Street Reform, Consumer Protection Act, and Sarbanes-Oxly Act. Discuss the differences between mandatory ethical requirements verses voluntary ethical compliance. Why should business go beyond what is regulated if there is a cost associated with acting in an ethical manner? 1-2 paragraphs
Be sure to respond to at least 2 peers by midnight Sunday. Minimum of 100-word count. What similarities or differences exist in your responses? Do you have any questions for your peer? Any area you wish clarification on? It is expected that you will read the comments from peers on your post and respond accordingly.
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