Business Ethics: Brief Readings on Vital Topics

by Carroll; Archie B.

• ISBN13: 9780415997362
• ISBN10: 0415997364
• Edition: 1st
• Format: Nonspecific Binding
• Copyright: 2009-07-06
• Publisher: Routledge

Summary

These readings grew out of the author's monthly column on business ethics in the business section of the Athens Banner-Herald newspaper. Written in an open and engaging style, the book features topics that are timely, each followed by several thought provoking discussion questions.

Author Biography

Archie B. Carroll has served on the faculty of the Terry College of Business, University of Georgia, since 1972. Positions he has held include President of the Society for Business Ethics, Chair of the Social Issues in Management Division of the Academy of Management, and Fellow of both the Academy of Management and Southern Management Association. He recently completed terms on the Editorial Review Boards of Business Ethics Quarterly, Journal of Management, and Business and Society.

Table of Contents

Preface	p. xi
Acknowledgments	p. xiv
About the Author	p. xv
Thinking About Business Ethics and Corporate Citizenship	p. 1
Business Ethics Teaching and Learning	p. 3
Business Ethics can be Learned in a Classroom	p. 4
Cheating on the Rise in College Students' Work	p. 6
Scandal Shows Lack of Ethics	p. 8
Business Schools Need Stronger Emphasis on Ethics	p. 10
Business Purpose	p. 13
Profits are a Definite Business Need, but not Purpose	p. 14
More to it than Simply Making Money	p. 16
Corporate Ethics Help Reap Dividends	p. 18
Responsibility, Profitability go Hand in Hand	p. 20
Company Reputation is a Key Factor in Reaching Objectives	p. 22
Greed and Cheating	p. 25
Greed Plays its Hand in Real Life	p. 26
Greed is the Top Suspect for Recent Slide in Ethics	p. 28
Greed Drives the Subprime Loan Market	p. 30
Wall Street Shows Greed isn't Good	p. 32
Do we Live in a Cheating Culture?	p. 34
Questionable Ethics Abound in Wall Street Crisis	p. 36
Trends in Business Ethics in Recent Years	p. 39
Survey Shows Hope for Ethics in Business	p. 40
Repentance, Reform-Next Steps in 2003	p. 42
Executives Should Consider these New Year's Resolutions	p. 44
Survey Says Not Many Think Highly of Executives' Ethics	p. 46
Ethics Trends in 2007 May Get Worse in 2008	p. 48
Troubling Currents Lead to the Perfect Financial Storm	p. 50
Two Scandals and the Decade isn't Over Yet	p. 52
Compliance, Companies, and Corporate Governance	p. 55
Compliance Issues	p. 57
Lawyers, Not Law Rules This Nation	p. 58
Are America's Lawyers on a Feeding Frenzy?	p. 60
Is Compliance with Federal Laws Killing Ethics in Business?	p. 62
Companies	p. 65
Who's to Blame for Enron's Fall from Grace?	p. 66
Trial of Ex-Enron Execs Reveals an Ethical Tsunami	p. 68
Prosecutions of Top Execs has an Upside	p. 70
Merck's Record Reflects Two Different Faces	p. 72
HealthSouth Gives the South an Ethics Scandal of its Own	p. 74
Is Wal-Mart a Microcosm of America's Future?	p. 76
Pepsi Takes Moral High Road in Trade Secret Case	p. 78
Accounting Firms Are Expected to be Ethical	p. 80
Constant News has a Downside	p. 82
Corporate Governance	p. 85
Slack Corporate Governance Costs us All	p. 86
Compensation for Execs Often Seen as a Scam	p. 88
Shareholder Activism Blossoms in the Spring	p. 90
Ethical Leadership-the Heart of Moral Direction	p. 93
Ethics in Leadership	p. 95
Ethical Leaders Vital in New Millennium	p. 96
From Moral Management to Moral Leadership	p. 98
True Leadership Bears Four Main Responsibilities	p. 100
Integrity is Foundation of Leadership	p. 102
Ethical Leadership has Four Realms	p. 104
Character Counts when it Comes to Business Success	p. 106
Spilzer's Character Undermines Ethics	p. 108
Finding 'Sweet Spot' of Leadership in Working World	p. 110
Servant Leadership	p. 113
Greenleaf Brought Origins of Servant Leadership	p. 114
What Are the Core Characteristics of Servant Leadership?	p. 116
Ethics Issues and Guidelines for Decision Making	p. 119
Ethics Issues in Decision Making	p. 121
Questioning if it Pays to Be Ethical	p. 122
Have You Yet to Discover your Moral Compas Spinning?	p. 124
Challenge Isn't Knowing, But Doing Right Thing	p. 126
Knowing and Motivating Ethics in Business	p. 128
Do Executives Display Same Ethics on Golf Course as they Do at Work?	p. 130
Speeding Metaphor a Tool for Teaching Good Business Ethics	p. 132
Ethics Guidelines and Policies	p. 135
Iron Law May Guide Practices	p. 136
The 'Big Three' Moral Guides for Businesses	p. 138
Concepts of Fairness Often Influence Business Ethics	p. 140
In Business, Golden Rule the Bestseller	p. 142
Business Must Polish Golden Rule	p. 144
No Doubt Honesty Remains Best Policy in Business	p. 146
Bill George Offers Guide for Ethics	p. 148
The Truth Always Comes Out	p. 150
Drucker's Management Principles Still Crucial	p. 152
Ten Social Sins that can Affect Business Contacts	p. 154
Spirituality and Business Ethics	p. 157
Spirituality in the Workplace	p. 158
Making Connection Between God and the Workplace	p. 160
Secular Side of Spirituality and the Bottom Line	p. 162
The Forgiveness Factor's Role in Workplace	p. 164
Forgiveness is a Process that can Enhance Operations	p. 166
Commandments Form Root of Business Ethics	p. 168
One Rule Can Best Guide Practices	p. 170
Ethics, Organizations, and Management	p. 173
Field of Management Ethics Opened by Watergate Scandal	p. 174
Pressure May Force Ethical Hand	p. 176
The Signs of Ethical Breakdown in Organizations	p. 178
The Four Vital E-Words of Organizations Today	p. 180
Trust is the Key when Rating Great Workplaces	p. 182
Ethics Programs go Beyond Compliance Strategy	p. 184
Crisis Management is an Urgent Topic Again	p. 186
Honesty's Star is Rising in Job Recruiting	p. 188
Secretaries Face Ethical Issues at Work as Well	p. 190
How May Secretaries Respond to Ethical Pressures they Face?	p. 192
Stakeholders, Environment, and Sustainability	p. 195
Stakeholder Approach	p. 197
The Stakeholder Approach to Business Ethics	p. 198
Environment and Sustainability	p. 201
Green Business can Enhance Profits, Ethics	p. 202
Environmental Initiatives Becoming Mainstream	p. 204
Sustainability is more than a Buzzword	p. 206
Employee Stakeholders	p. 209
Workplace Fraud is a Huge Daily Problem	p. 210
Workplace Violence Number Two Cause of Death at Work	p. 212
Pay Attention to Warning Signs of Workplace Violence	p. 214
Balance Needed in Weighing Surveillance, Privacy	p. 216
Day Laborers Have Worked their Way into National Issue	p. 218
Considering the Ethics of Illegal Immigration	p. 220
Holidays a Prime Time for Stealing	p. 222
Ethics Seen Differently by Women	p. 224
Whistleblower Details Exposure of Fraud	p. 226
Cell Phones Becoming an Ethics Issue	p. 228
Consumer Stakeholders	p. 231
Customers Should Expect Reasonable Business Ethics	p. 232
Satisfied Customers Should Top Company Priorities	p. 234
Attention to Service may Help Avoid 'Waiting-in-Line' Rage	p. 236
Drug Ads Should be Restricted	p. 238
Lessons from ChoicePoint's Breach in Security	p. 240
Credit Card Companies Thrive on Consumers' Carelessness	p. 242
Consumers Own Worst Enemy with Credit Cards	p. 244
Credit Card Companies Using Questionable Marketing	p. 246
Rebates have Crossed the Line into Scam Territory	p. 248
Global Topics in Business Ethics	p. 251
Answering Question of What's Behind Anxiety Over Globalization	p. 252
Global Capitalism's Impact Inspires Opposing Views	p. 254
Sweatshop Issue Won't Fade Away	p. 256
Self-regulation Best Way for Companies to Better Sweatshops	p. 258
Business Ethics take Italian Turn	p. 260
Studying in Italy Provides Lessons in Ethics	p. 262
Classic Case of Corporate Responsibility Still Unresolved at Bhopal	p. 264
American Business Must Consider the 'China Factor'	p. 266
Globalization has Changed Social Contracts	p. 268
Acknowledgments to the Athens Banner Herald	p. 270
Index	p. 274
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