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

First Edition
August 2020 | 456 pages | SAGE Publications, Inc
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Recipient of a 2021 Most Promising New Textbook Award from the Textbook & Academic Authors Association (TAA)

Business and Society: Ethical, Legal, and Digital Environments prepares students for the modern workplace by exploring the opportunities and challenges they will face in today's interconnected, global economy. The author team discusses legal and ethical issues throughout and uses real-world cases to provide students with a holistic understanding of stakeholder issues. Chapters on social media and citizen movements, big data and hacking, and privacy in the digital age provide in-depth coverage of how technology is transforming the relationship between organizations and consumers. 

Included with this title:

The password-protected Instructor Resource Site (formally known as Sage Edge) offers access to all text-specific resources, including a test bank and editable, chapter-specific PowerPoint® slides. Learn more.
 
 
Preface
 
Acknowledgments
 
About the Authors
 
PART I • MANAGING IN TODAY’S BUSINESS WORLD
 
CHAPTER 1 • STAKEHOLDER AND SHAREHOLDER THEORIES OF THE FIRM
Introduction

 
Defining Stake and Stakeholder

 
Stakeholder Versus Shareholder Theories

 
The Stakeholder and Shareholder Debate

 
Stakeholder Types: Interests, Issues, Legitimacy, and Power

 
Managing Stakeholders

 
Summary

 
 
CHAPTER 2 • CORPORATE SOCIAL RESPONSIBILITY
Introduction

 
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

 
Summary

 
 
CHAPTER 3 • ETHICS AND ETHICAL REASONING
Introduction

 
Morals, Ethics, and the Law

 
Motivations And Rationalizations

 
The Origin of Ethics

 
Organizational Ethics and Creating an Ethical Climate

 
Summary

 
 
CHAPTER 4 • ORGANIZATIONS AND PUBLIC POLICY
Introduction

 
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

 
Summary

 
 
CHAPTER 5 • LIABILITY, BUSINESS AGREEMENTS, AND MANAGING RISK
Introduction

 
Risk of Injury

 
Respondeat Superior and Product Liability

 
Contracts

 
Limiting Risk Through Contracts

 
Summary

 
 
CHAPTER 6 • GOVERNMENT REGULATION OF THE ORGANIZATION
Introduction

 
Anticompetitive Behavior and Antitrust Regulation

 
Protection of Consumers and Creditors

 
Protecting Investors

 
Summary

 
 
PART II • BUILDING RELATIONSHIPS AND WORKING WITH STAKEHOLDERS
 
CHAPTER 7 • ENVIRONMENTALISM AND SUSTAINABILITY
Introduction

 
Environmentalism: Definitions and Policy Objectives

 
Green Management and Competitive Advantage

 
Sustainable Development

 
Global Environmental Trends: Climate Change

 
Government Regulation and Protection

 
Summary

 
 
CHAPTER 8 • EMPLOYEES AND THE CORPORATION
Introduction

 
The Employment Relationship

 
Employment at Will

 
Workplace Protections

 
Employee Privacy

 
Summary

 
 
CHAPTER 9 • MANAGING A DIVERSE WORKFORCE
Introduction

 
Diversity and Inclusion

 
Bias and Discrimination

 
Intersectionality

 
Laws to Protect Against Discrimination

 
Summary

 
 
CHAPTER 10 • FINANCIAL SYSTEMS AND SOCIETY
Introduction

 
Roles of Finance in Society

 
Main Street to Wall Street

 
The Global Financial Crisis

 
Alternative Financing and Payday Loans

 
Financial Market Regulation

 
Summary

 
 
CHAPTER 11 • INTERNATIONAL AND MULTINATIONAL ORGANIZATIONS
Introduction

 
Cultural Competence

 
International Customs and Law

 
Doing Business Around the World

 
Summary

 
 
PART III • CONTEMPORARY BUSINESS ISSUES IN TODAY’S SOCIETY
 
CHAPTER 12 • SOCIAL MEDIA AND CITIZEN MOVEMENTS
Introduction

 
The Evolution of Social Media

 
The Business Model of Social Media

 
How Businesses Use Social Media

 
Society, Democracy, and Social Media

 
What Rules Apply to Social Media?

 
Summary

 
 
CHAPTER 13 • BIG DATA AND HACKING
Introduction

 
The Digital Revolution

 
The Digital Divide

 
Big Data and the Organization

 
Digital Security and Safety

 
Legal and Ethical Aspects of Big Data

 
Summary

 
 
CHAPTER 14 • PRIVACY IN THE DIGITAL AGE
Introduction

 
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?

 
Summary

 
 
CHAPTER 15 • CORPORATE PERSONHOOD
Introduction

 
Corporate Personhood

 
Regulation of Business Through the Commerce Clause

 
Regulation Through the Tax and Spend Clause

 
Summary

 
 
CHAPTER 16 • GLOBALIZATION
Introduction

 
Globalization and Its Impact

 
International Trade

 
Human Aspects of Globalization

 
Summary

 
 
Glossary
 
Notes
 
Index

Supplements

Instructor Resource Site
edge.sagepub.com/clark1e

The open-access Student Study Site makes it easy for students to maximize their study time, anywhere, anytime. It offers flashcards that strengthen understanding of key terms and concepts, as well as learning objectives that reinforce the most important material.

For additional information, custom options, or to request a personalized walkthrough of these resources, please contact your sales representative.
Student Study Site
edge.sagepub.com/clark1e

The open-access Student Study Site makes it easy for students to maximize their study time, anywhere, anytime. It offers flashcards that strengthen understanding of key terms and concepts, as well as learning objectives that reinforce the most important material.

For additional information, custom options, or to request a personalized walkthrough of these resources, please contact your sales representative.

"A comprehensive look at societal issues and challenges of the day, dabbling in legal issues of importance and relevance to the current business community."

Joy Turnheim Smith
Elizabeth City State University

"A well-written text which discusses organizational issues involving ethics, social responsibility, and stakeholder theories of management."

John R. Lego
Pennsylvania State University

"A novel approach compared to the typical business and society texts currently available. Very well thought through!"

Bernie Hayen
Kansas State University

"The text uses very relevant and interesting examples that students would be engaged in. The topics are explained in a clear manner with many great examples to use for discussion in class."

Mary Ann Gaal
Franklin Pierce University

Good current content supporting Contemporary Issues in business undergrad courses.

Anthony Denniston
Business Administration, University Of New Haven
February 7, 2024
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