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

Second Edition


November 2024 | 488 pages | SAGE Publications, Inc
Recipient of a 2021 Most Promising New Textbook Award from the Textbook & Academic Authors Association (TAA)

Business and Society: Ethical, Legal, and Digital Environments, Second Edition prepares students for the modern workplace by exploring the opportunities and challenges that individuals and businesses face in today's increasingly global and digital world. Authors Cynthia E. Clark and Kabrina K. Chang present unique chapters on social media, big data and hacking, and privacy, diving deeper into the new legal and ethical challenges that are unleashed by our society's use of and dependence on technology.

Real-world case studies, ethical dilemmas, and point-counterpoint debates provide students with hands-on opportunities to apply chapter concepts and develop critical thinking skills as they explore the relationship among businesses, their stakeholders, and their shareholders. The Second Edition includes new cases and expanded coverage of global issues, the future of work, artificial intelligence and consumer rights.
 
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
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LMS cartridge included with this title for use in Blackboard, Canvas, Brightspace by Desire2Learn (D2L), and Moodle

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The book covers an extensive range of topics relevant to the relationship between business and society. It provides valuable activities to apply the concepts to real world cases and scenarios. The chapters are loaded with practice exercises providing students with excellent opportunities to practice the concepts.

Said Ghezal
Western Kentucky University

Poignant, provocative, and passionate. Impactful, innovative, and inspirational. A celebration of the remarkable intersection of ethical, legal and digital worlds. Transcending prior works, pivotal and profound corporate social responsibility concepts and cases, showcasing pedagogical tools for those passionate about teaching.

Marta Szabo White
Georgia State University

Structured and systematic, takes into consideration current dilemmas

Ian Taplin
Wake Forest University

Highly relevant case studies and topics. This textbook will help my students engage with their learning and the topic of the role of business in society.

Farhana Shaikh
De Montfort University

The textbook is easy to read and offers great examples to help further students knowledge of the course content.

Daniel Rhem
Pitt Community College

Good current information about social media and laws with outcomes. Touches on laws as compared to ethics for students who may not be taking law courses.

Joyce S Placito
Keuka College

This covers material that students not only enjoy reading but can really sink their teeth into during class discussions. Good overview of basic legal concepts, and it provides for a great opportunity for outside reading and research for the students. The discussion questions are appropriate for the chapter. The student's Case Study (Privacy and Social Media) should be something that all students can identify with, and the case study on the Dating App as a Dangerous Product would really provide a catalyst for some interesting discussions.

Barry Brock
Barry University

Does an excellent job of covering both the benefits and criticisms of CSR. A lot of texts lack this, and paint CSR as a panacea/absolute ethical good. This text lays out CSR in a very accurate but non-biased way, addresses criticisms, and encourages students to think about it themselves through good cases. Well done.

Justin Blount
Rusche College of Business, Stephen F. Austin State University

I appreciate the History, the pillars and the different perspectives from narrow to broad. The objectives and key takeaways are clear. The cases on Dollar General and Air BnB are thought-provoking.

Diane D. Galbraith
Slippery Rock University

Provided interesting examples to capture the readers attention. Provided a good review of some liability aspects. I like how the author wrote from "both sides."

Joshua J. Beck
Shepherd University