Fernando's Business Ethics and Corporate Governance, 3rd Edition

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Part 1

 Business Ethics

• 1945–65: More emphasis was placed during these two decades on collective bargaining

and labour relations. Compensation and benets started gaining importance, as unions

negotiated for and obtained paid vacations, paid holidays and insurance coverage.

• 1965–85: Equal employment opportunity and afrmative action became crucial human

resource management responsibilities, especially in the United States. The enhanced

employee rights during the period were the result of legal battles over the interpretation

of the rule book.

• 1985–2005: Three trends impacted HRM during this period. The rst trend was the increased ...