Main Content Chapter Contents Chapter Introduction

Main contentChapter ContentsChapter Introduction© andras_csontos/ HYPERLINK "http://shutterstock.com/" \t "_blank" Shutterstock.comChapter ObjectivesDistinguish between the voluntary and mandated boundaries of ethical conductProvide specific mandated requirements for legal compliance in specific subject matter areas related to competition, consumers, and safetySpecifically address the requirements of the Sarbanes–Oxley legislation and implementation by the Securities and Exchange CommissionDescribe the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act along with some of its major provisionsProvide an overview of regulatory efforts that provide incentives for ethical behaviorProvide an overview of the recommendations and incentives for developing an ethical corporate culture contained in the Federal Sentencing Guidelines for OrganizationsProvide an overview of highly appropriate core practices and their relationship to social responsibilityAn Ethical DilemmaOne year out of the Pennsylvania university system, Randy was hired by Meeker, a medical warehouse that provides pharmaceutical products to various hospitals and clinics within a three state area. Meeker was the dominant company in the market. Equipped with his BS degree, Randy was eager to learn, get ahead, and begin his career. As a new employee, he was required to go through extensive training to learn about hospital and clinic regulations, laws, various system procedures, and