Donahoe Higher Education ActBusiness Ethics
Section § 66350
This section is simply naming a specific legislative act. It's called the Social Responsibility Business Leadership Initiative Act of 2003 and can be referred to by that name.
Section § 66351
The California Legislature emphasizes the importance of ethics in business for the state's economic health. Corporate wrongdoings harm long-term economic stability. Universities in California have the chance to nurture business leaders who prioritize ethics and social responsibility. Therefore, the Legislature proposes the Social Responsibility Business Leadership Initiative to equip business graduates with skills in corporate responsibility and enhance state productivity.
Section § 66353
The Golden State Business and Social Responsibility Award recognizes students who finish graduate business programs at California's universities and demonstrate a commitment to socially responsible leadership. To qualify, students need to complete two ethics courses in business and at least 50 hours of community service. Participating colleges can put a special seal from the Senate, Assembly, or Governor on the diplomas or transcripts of eligible students. Participation by educational institutions is optional, and they must cover any costs associated with the program themselves.