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Ethical Issues in Business : A Philosophical Approach,9780130923875
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Ethical Issues in Business : A Philosophical Approach

by ; ;
Edition:
7th
ISBN13:

9780130923875

ISBN10:
0130923877
Format:
Paperback
Pub. Date:
1/1/2002
Publisher(s):
Pearson College Div
List Price: $86.20
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Summary

This popular book on business ethics contains a diverse collection of readings and cases. It begins with an introduction to moral reasoning, and then provides readers with a wide range of opportunities to apply ethical theory to realcontemporary managerial situations--including issues facing managers in the next century. Each section contains a case study and relevant theoretical articles that range from classics in philosophy to modern commentaries by business practitioners. Five sections cover general issues in ethics; property, profit, and justice; corporations, persons, and morality; international business; and contemporary business themes. For professionals in the business fields of accounting, finance, marketing, and more.

Table of Contents

Preface xi
General Introduction 1(1)
Introduction to Ethical Reasoning 1(11)
Thomas Donaldson
Patricia H. Werhane
PART ONE General Issues in Ethics
Introduction
12(8)
Business Ethics: The Controversy
20(41)
Case Study H.B. Fuller in Honduras: Street Children and Substance Abuse
20(13)
Norman Bowie
Stefanie Lenway
The Social Responsibility of Business Is to Increase Its Profits
33(5)
Milton Friedman
Stakeholder Theory of the Modern Corporation
38(11)
R. Edward Freeman
Business Ethics and Stakeholder Analysis
49(12)
Kenneth E. Goodpaster
Ethical Reasoning in Practice
61(37)
A Kantian Approach to Business Ethics
61(10)
Norman E. Bowie
Corporate Roles, Personal Virtues: An Aristotelean Approach to Business Ethics
71(12)
Robert C. Solomon
The Very Idea of a Conceptual Scheme
83(15)
Patricia H. Werhane
Truth Telling
98(42)
Case Study: Italian Tax Mores
98(2)
Arthur L. Kelly
Ethical Duties Towards Others: ``Truthfulness''
100(6)
Immanuel Kant
Is Business Bluffing Ethical?
106(6)
Albert Carr
The Business of Ethics
112(6)
Norman C. Gillespie
Trust, Morality and International Business
118(13)
George G. Brenkert
PART TWO Property, Profit, and Justice
Introduction
131(9)
Traditional Theories of Property and Profit
140(29)
Case Study Plasma International
140(2)
T. W. Zimmerer
P. L. Preston
Case Study Dorrence Corporation Trade-offs
142(8)
Hans Wolf
The Justification of Private Property
150(5)
John Locke
Benefits of the Profit Motive
155(4)
Adam Smith
Alienated Labour
159(5)
Karl Marx
Wealth
164(5)
Andrew Carnegie
The Impact of Technology on Traditional Views of Property
169(23)
Case Study `McMadness' Hong Kong Style
169(7)
Ali F. Farhoomand
Vanessa N. Clark
P. Lovelock
The Judgment of Thamus
176(6)
Neil Postman
Needed: A New System of Intellectual Property Rights
182(10)
Lester C. Thurow
Justice
192(46)
Case Study The Oil Rig
192(1)
Joanne B. Ciulla
Distributive Justice
193(10)
John Rawls
The Entitlement Theory
203(7)
Robert Nozick
Complex Equality
210(18)
Michael Walzer
PART THREE Corporations, Persons, and Morality
Introduction
228(10)
The Role of Organizational Values
238(31)
Case Study Merck & Co., Inc. The Business Enterprise Trust
238(6)
Does Business Ethics Make Economic Sense?
244(8)
Amartya Sen
Can Socially Responsible Firms Survive in a Competitive Environment?
252(10)
Robert H. Frank
The Parable of the Sadhu
262(7)
Bowen H. McCoy
Values and the Virtuous Manager
269(54)
Case Study Run, Inc. American Institute of Certified Public Accountants
269(15)
Moral Mazes: Bureaucracy and Managerial Work
284(18)
Robert Jackall
The Moral Muteness of Managers
302(13)
Frederick B. Bird
James A. Waters
The ``New'' U.S. Sentencing Guidelines: A Wake-Up Call for Corporate America
315(8)
Dan R. Dalton
Michael B. Metzger
John W. Hill
Employee Rights and Responsibilites
323(41)
Case Study The Aircraft Brake Scandal
323(12)
Kermit Vandivier
Whistleblowing and Professional Responsibilities
335(8)
Sissela Bok
Employment at Will, Employee Rights, and Future Directions for Employment
343(9)
Tara J. Radin
Patricia H. Werhane
In Defense of the Contract at Will
352(9)
Richard A. Epstein
Employability Security
361(3)
Rosabeth Moss Kanter
Diversity
364(32)
Case Study The Case of the Unequal Opportunity
364(6)
Mary C. Gentile
Management Women and the New Facts of Life
370(11)
Felice N. Schwartz
White Privilege and Male Privilege: A Personal Account of Coming to See Correspondences Through Work in Women's Studies
381(10)
Peggy McIntosh
PART FOUR International Business
Introduction
391(5)
Ethical Relativism
396(33)
Case Study What Price Safety?
396(3)
Case Study W.R. Grace & Co. and the Neemix Patent (A)
399(11)
Kristi Severance
Lisa Shapiro
Patricia H. Werhane
The Challenge of Cultural Relativism
410(9)
James Rachels
A Social Contracts Approach to Business Ethics
419(5)
Thomas Donaldson
Thomas W. Dunfee
The United Nations Declaration of Human Rights
424(5)
Business Values Away From Home
429(57)
Case Study Just When Is a ``Tip'' Only ``To Insure Promptness?''
429(3)
Case Study Levi Strauss & Co.: Global Sourcing (A)
432(26)
Lynn Sharp Paine
Jane Palley Katz
International Business Ethics and Incipient Capitalism: A Double Standard?
458(13)
Richard T. De George
Values in Tension: Ethics Away From Home
471(11)
Thomas Donaldson
PART FIVE Contemporary Business Themes
Introduction
482(4)
Marketing
486(36)
Case Study Fingerhut's Price Strategy
486(14)
Lee Fennel
Gretchen A. Kalsow
June West
Case Study Kate: Dot-Com CEO
500(3)
Mark S. Schwartz
Persuasive Advertising, Autonomy, and the Creation of Desire
503(8)
Roger Crisp
Ethical Myopia: The Case of ``Framing'' by Framing
511(11)
Alan E. Singer
Steven Lysonski
Ming Singer
David Hayes
The Environment
522(43)
Case Study Shell and Nigerian Oil
522(19)
William E. Newburry
Thomas N. Gladwin
Scarcity or Abundance?
541(9)
Julian L. Simon
The Natural Step
550(9)
Wendy Warren
Andrea Larson
Cost-Benefit Analysis: An Ethical Critique
559(6)
Steven Kelman
Leadership
565(49)
Case Study Sears Auto Centers
565(18)
Lynn Sharp Paine
Michael A. Santoro
Management Research and Practice: Citigroup's John Reed
583(3)
Anne Sigismund Huff
Managing for Organizational Integrity
586(13)
Lynn Sharp Paine
The Leader's New Work: Building Learning Organizations
599(15)
Peter M. Senge
Biographical Information 614

Excerpts

Ethical Issues in Businesswas first published more than two decades ago, in 19'79. Since then the field of business ethics has grown into an academic discipline bristling with research and practical implications for managers. Textbooks and research have multiplied. In 1979,Ethical Issues in Businesswas one of only three textbooks in the field. Now at least 50 are available. Along with the growth of course offerings and college teaching materials, an explosion of new articles, cases, and journals has occurred. Meanwhile, outside colleges and universities, hundreds of business firms have now created positions of "corporate ethics officer," and thousands more have instituted ethics training programs for managers and employees. The seventh edition reflects these dramatic changes that the field has undergone. Some theoretical perspectives preserve their importance over the decades. Indeed, many are foundational materials for the study of business ethics. The insights of Adam Smith and John Locke about markets and human rights, or the radical claims made by Karl Marx that capitalism affects the minds of its participants, are no less relevant today than they were in earlier centuries. You will find those perspectives included in this edition, just as in the earlier ones. Yet other issues are clearly timebound. When the last edition appeared, the hot issue of business conversation was the moral and legal obligations of U.S. tobacco companies, apparel companies' use of overseas "sweat shops," and a financial crisis in Asia. Since the publication of the sixth edition new events have posed new ethical challenges. Since then new technology has challenged traditional views of copyright law, resulting in lawsuits between Napster and the record companies. The dramatic stock price erosion of the U.S. "dot.com" companies has coincided with a-debate over privacy and marketing issues. Ford Motor Company and Bridgestone/Firestone find themselves in a legal and public relations dilemma as a result of hundreds of deaths allegedly due to product defects. Transnational corporations continue to face thorny ethical issues as they increasingly do business in countries with significantly different value systems. Further, in the increasingly competitive commercial environment of global business, corporate leaders have been faced with new challenges in employment, corporate restructuring, and training. Readings that focus on some of the ethical issues raised by these new kinds of challenges are included in this seventh edition. The present edition, like earlier ones, has not been simply the product of its editors, but owes greatly to those whose suggestions, criticism, and editorial assistance made it a better book. We are indebted to Prentice Hall reviewers John Mundy, University of Nevada, Las Vegas, and Benjamin A. Petty, Southern Methodist University for their constructive comments, and we especially want to thank Nicholas Dew, Thomas Dunfee, Ronald Duska, R. Edward Freeman, Mary Hamilton, and Henry Tulloch for their helpful revision suggestions. Thanks also go to Karen Musselman and Erin Becker for their excellent organizational and editorial skills. T.D. P.H.W. M.C.


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