Business Ethics : Decision-Making for Personal Integrity and Social Responsibility

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  • Edition: 1st
  • Format: Paperback
  • Copyright: 2007-03-02
  • Publisher: McGraw-Hill/Irwin
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Hartman/DesJardinsBusiness Ethicsis designed to prepare the student to apply an ethical decision-making model, not only in this ethics course but throughout her or his business discipline. This model teaches students ethical skills, vocabulary, and tools to apply in everyday business decisions and throughout their business courses. The authors speak in a sophisticated yet accessible manner while teaching the fundamentals of business ethics. Hartman's professional background in law and her teaching experience in business curriculum, combined with DesJardins' background in philosophy results in a broad language, ideal for this approach and market. The authors' goal is to engage the student by focusing on cases and business scenarios that students already find interesting. Students are then asked to look at the issues from an ethical perspective. Additionally, its focus on AACSB requirements makes it a comprehensive business ethics text for business school courses.

Table of Contents

About the Authorsp. vi
Prefacep. vii
Ethics and Businessp. 1
Introduction: Making the Case for Business Ethicsp. 3
Business Ethics as Ethical Decision Makingp. 6
Business Ethics as Personal Integrity and Social Responsibilityp. 8
Ethics and the Lawp. 13
Ethics as Practical Reasonp. 16
Readingsp. 19
Value Shiftp. 19
An Ethical Hero or a Failed Businessman? The Malden Mills Case Revisitedp. 24
Do You Need an Ethics Officer?p. 31
Ethical Decision Making: Personal and Professional Contextsp. 35
Introductionp. 37
A Decision-Making Process for Ethicsp. 37
When Ethical Decision Making Goes Wrong: Why Do "Good" People Engage in "Bad" Acts?p. 42
Ethical Decision Making in Managerial Rolesp. 46
Readingsp. 49
Abandoning the "Just School" Mythp. 49
The Parable of the Sadhup. 52
When Good People Do Bad Things at Workp. 58
Philosophical Ethics and Businessp. 63
Introduction: Ethical Theories and Traditionsp. 65
Utilitarianism: Making Decisions Based on Ethical Consequencesp. 67
Problems of Utilitarian Ethicsp. 72
Deontology: Making Decisions Based on Ethical Principlesp. 74
Sources of Rulesp. 75
Moral Rights and Dutiesp. 77
Distinguishing between Moral Rights and Legal Rightsp. 80
Social Justice: Rawlsian Justice as Fairnessp. 80
Virtue Ethics: Making Decisions Based on Integrity and Characterp. 83
A Decision-Making Model for Business Ethics Revisitedp. 86
Readingsp. 90
The Justification of Human Rightsp. 90
Do CEOs Get Paid Too Much?p. 95
Caux Principles for Businessp. 105
The Corporate Culture-Impact and Implicationsp. 111
What Is Corporate Culture?p. 113
Culture and Ethicsp. 116
Compliance and Value-Based Culturesp. 118
Ethical Leadership and Corporate Culturep. 120
Effective Leadership and Ethical Leadershipp. 121
Building a Values-Based Corporate Culturep. 123
Mission Statements, Codes of Conduct, and Statements of Valuesp. 123
Ethics Hotlines, Ombudsmen, and Integrating Ethical Culturep. 127
Assessing and Monitoring the Corporate Culture: Auditsp. 130
Mandating and Enforcing Culture: The Federal Sentencing Guidelinesp. 132
Readingsp. 138
Good Business Sometimes Means the Customer Doesn't Come Firstp. 138
Assessment and Plan for Organizational Culture Change at NASAp. 143
Inside Arthur Andersenp. 145
Corporate Social Responsibilityp. 147
Introductionp. 149
Is There a Social Responsibility of Business? If So, What Is Its Orginp. 149
Is There a Social Responsibility of Business? If So, Responsibility to Whom?p. 152
Is There a Social Responsibility of Business? If So, What Is the Extent of the Responsibility?p. 153
Ethics and Social Responsibilityp. 154
Exploring Enlightened Self-Interest: Motivation for CSRp. 157
Does the "Enlightened Self-Interest" Model Work? Does "Good Ethics" Mean "Good Business"?p. 161
Readingsp. 169
Rethinking the Social Responsibility of Business: A Reason Debate Featuring Milton Friedman, Whole Foods' John Mackey, and Cypress Semiconductor's T. J. Rodgersp. 169
Why Should Corporate Responsibility Be Altruistic?p. 178
Does It Pay to Be Good?p. 180
Ethical Decision Making: Employer Responsibilities and Employee Rightsp. 187
Introductionp. 189
Ethical Issues in the Workplace: The Current Environmentp. 190
Defining the Parameters of the Employment Relationshipp. 192
Due Process and Just Causep. 192
Downsizingp. 195
Health and Safetyp. 197
Global Applications: The Global Workforce and Global Challengesp. 205
The Case of Child Laborp. 207
Rights and Responsibilities in Conflict: Discrimination, Diversity, and Affirmative Actionp. 208
Discriminationp. 210
Diversityp. 212
Affirmative Actionp. 214
Readingsp. 224
Worker Rights and Low Wage Industrialization: How to Avoid Sweatshopsp. 225
Women in the Workplace: Freedom of Choice or Freedom from Choice?p. 235
Employment-at-Will, Employee Rights, and Future Directions for Employmentp. 240
Ethical Decision Making: Technology and Privacy in the Workplacep. 253
Introductionp. 255
The Right to Privacyp. 256
Defining Privacyp. 257
Ethical Sources of a Right to Privacyp. 257
Legal Sources of a Right to Privacyp. 259
Linking the Value of Privacy to the Ethical Implications of Technologyp. 263
Information and Privacyp. 264
Managing Employees through Monitoringp. 267
Business Reasons to Limit Monitoringp. 271
Balancing Interestsp. 271
Monitoring Employees through Drug Testingp. 274
Other Forms of Monitoringp. 276
Regulation of Off-Work Actsp. 277
Privacy Rights since September 11. 2001p. 280
Readingsp. 288
The New Economy: Ethical Issuesp. 289
Gene Machine: Keep Your Hands off Our Genesp. 296
Drug Testing and the Right to Privacy: Arguing the Ethics of Workplace Drug Testingp. 301
Alternative Explanations for Drug Testing-Blaming the Individualp. 307
Ethics and Marketingp. 311
Introductionp. 313
Ethical Issues in Marketing: A Frameworkp. 315
Responsibility for Products: Safety and Liabilityp. 318
Contractual Standards for Product Safetyp. 319
Tort Standards for Product Safetyp. 321
Strict Product Liabilityp. 326
Ethical Debates on Product Liabilityp. 326
Responsibility for Products: Advertising and Salesp. 328
Ethical Issues in Advertisingp. 330
Marketing Ethics and Consumer Autonomyp. 333
Marketing to Vulnerable Populationsp. 336
Supply Chain Responsibilityp. 341
Readingsp. 347
An Interview with Alex Molnarp. 347
Sony Online Entertainment: EverQuest or EverCrack? Oxford-Style Debate Presented at Tenth Annual International Conference Promoting Business Ethicsp. 351
Everquest: A Rejoinder to Hartman and Pavap. 361
Wrestling with Ethics: Is Marketing Ethics an Oxymoron?p. 362
Business, the Environment, and Sustainabilityp. 369
Introductionp. 371
Business Ethics and Environmental Valuesp. 372
Business's Environmental Responsibility: The Market Approachp. 376
Business's Environmental Responsibility: The Regulatory Approachp. 381
Business's Environmental Responsibilities: The Sustainability Approachp. 383
Business Opportunities in a Sustainable Economyp. 387
Principles for a Sustainable Businessp. 389
Readingsp. 394
Morality, Money, and Motor Carsp. 395
The Next Industrial Revolutionp. 401
Taking Sustainability Seriously: An Argument for Managerial Responsibilityp. 410
Ethical Decision Making: Corporate Governance, Accounting, and Financep. 419
Professional Duties and Conflicts of Interestp. 422
The Sarbanes-Oxley Act of 2002p. 426
The Internal Control Environmentp. 428
Going beyond the Law: Being an Ethical Board Memberp. 430
Legal Duties of Board Membersp. 430
Beyond the Law, There Is Ethicsp. 431
Conflicts of Interest in Accounting and the Financial Marketsp. 434
Executive Compensationp. 436
Insider Tradingp. 442
Readingsp. 451
Excerpts from "Enron: The Parable"p. 451
WorldCom with Worldcom Updatep. 457
Will the SEC Ever Get Serious about Making Corporate Insiders Pay for Fraud?p. 467
Three Women's Moral Courage: Why We Carep. 468
Glossaryp. 471
Indexp. 479
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