Business Ethics: Decision Making for Personal Integrity & Social Responsibility

Description

Author Note: Laura Hartman was most recently at DePaul University.  She also currently serves as executive director of a trailblazing trilingual elementary school in Haiti, the School of Choice/l'Ecole de Choix. She is also cofounded an online micro-development, finance, and education system for people living in poverty in Haiti, called Zafen. Previously, Hartman served as director of external partnerships for Zynga.org, the charitable arm of the social game developer Zynga. She has written many other books including Rising above Sweatshops: Innovative Management Approaches to Global Labor Challenges. Business Ethics: Decision Making for Personal Integrity & Social Responsibility 4e provides a comprehensive, accessible, and practical introduction to the ethical issues arising in business.  Hartman et al., focuses on real-world ethical decision making at both the personal and policy levels and provides students with a decision-making process that can be used in any situation.  Practical applications throughout the text show how theories relate to the real world. The 4th edition features thoroughly updated statistics and coverage of timely issues and dilemmas throughout the text. Cover Business Ethics About the Authors Preface New to the Fourth Edition Acknowledgments Brief Contents Table of Contents Chapter 1 Ethics and Business Opening Decision Point: Zika Virus and Olympic Sponsors Introduction: Making the Case for Business Ethics Business Ethics as Ethical Decision Making Business Ethics as Personal Integrity and Social Responsibility Ethics and the Law Ethics as Practical Reason Readings 1-1 Value Shift 1-2 The MBA Oath 1-3 The Oath Demands a Commitment to Bad Corporate Governance 1-4 The MBA Oath Helps Remind Graduates of Their Ethical Obligations Chapter 2 Ethical Decision Making: Personal and Professional Contexts Opening Decision Point: Found iPod: What Would You Do? Introduction A Decision-Making Process for Ethics When Ethical Decision Making Goes Wrong: Why Do “Good” People Engage in “Bad” Acts? Ethical Decision Making in Managerial Roles Readings 2-1 When Good People Do Bad Things at Work: Rote Behavior, Distractions, and Moral Exclusion Stymie Ethical Behavior on the Job 2-2 How Bad Management Leads to Bad Ethics: When Scandal Breaks, We Prefer Our Corporate Villains Evil, but the Truth Is Usually More Complicated Chapter 3 Philosophical Ethics and Business Opening Decision Point: Are CEOs Paid Too Much, Compared to Their Employees? Introduction: Ethical Frameworks—Consequences, Principles, Character Utilitarianism: Making Decisions Based on Ethical Consequences Utilitarianism and Business Challenges to Utilitarian Ethics An Ethics of Principles and Rights Human Rights and Duties Human Rights and Social Justice Human Rights and Legal Rights Challenges to an Ethics of Rights and Duties Virtue Ethics: Making Decisions Based on Integrity and Character A Decision-Making Model for Business Ethics Revisited Readings 3-1 The U.N. Guiding Principles on Business and Human Rights: Analysis and Implementation 3-2 The Caux Principles for Responsible Business 3-3 It Seems Right in Theory but Does It Work in Practice? 3-4 Business Decisions Should Not Violate the Humanity of a Person Chapter 4 The Corporate Culture—Impact and Implications Opening Decision Point: Creating an Ethics Program What Is Corporate Culture? Culture and Ethics Compliance and Value-Based Cultures Ethical Leadership and Corporate Culture Effective Leadership and Ethical, Effective Leadership Building a Values-Based Corporate Culture Mission Statements, Credos, Codes of Conduct, and Statements of Values Developing the Mission and Code Culture Integration: Ethics Hotlines, Ombudspersons, and Reporting Assessing and Monitoring the Corporate Culture: Audits Mandating and Enforcing Culture: The Federal Sentencing Guidelines for Organizations Readings 4-1 When Ethical Issues Derive from Cultural Thinking 4-2 Assessment and Plan for Organizational Culture Change at NASA 4-3 Does the Company Get It?—20 Questions to Ask Regarding Compliance, Ethics, and Risk Management 4-4 Whistleblower Policies in United States Corporate Codes of Ethics 4-5 Greg Smith, Goldman Sachs, and the Importance of Corporate Culture Chapter 5 Corporate Social Responsibility Opening Decision Point: Benefit Corporations Introduction Ethics and Social Responsibility Economic Model of CSR Stakeholder Model of CSR Integrative Model of CSR The Implications of Sustainability in the Integrative Model of CSR Exploring Enlightened Self-Interest: Does “Good Ethics” Mean “Good Business”? Readings 5-1 BP and Corporate Social Responsibility 5-2 Managing for Stakeholders 5-3 What’s Wrong—and What’s Right—with Stakeholder Management Chapter 6 Ethical Decision Making: Employer Responsibilities and Employee Rights Opening Decision Point: American Apparel: Image Consciousness? Introduction Ethical Issues in the Workplace: The Current Environment Defining the Parameters of the Employment Relationship Due Process and Just Cause Downsizing Health and Safety Health and Safety as Acceptable Risk Health and Safety as Market Controlled Health and Safety as Government-Regulated Ethics Global Applications: The Global Workforce and Global Challenges The Case of Child Labor Rights and Responsibilities in Conflict: Discrimination, Diversity, and Affirmative Action Discrimination Diversity Affirmative Action Readings 6-1 Confessions of a Sweatshop Inspector 6-2 Polishing Apple: Fair Labor Association Gives Foxconn and Apple Undue Credit for Labor Rights Progress 6-3 What’s So Bad about Apple’s Factories? 6-4 A Tale of Two Agreements 6-5 Sexual Harassment: An Asian Perspective Chapter 7 Ethical Decision Making: Technology and Privacy in the Workplace Opening Decision Point: Being Smart about Smartphones Introduction The Right to Privacy Defining Privacy Ethical Sources of a Right to Privacy Legal Sources of a Right to Privacy Global Applications Linking the Value of Privacy to the Ethical Implications of Technology Information and Privacy Managing Employees through Monitoring Monitoring Employees through Drug Testing Other Forms of Monitoring Business Reasons to Limit Monitoring Balancing Interests Regulation of Off-Work Acts Privacy Rights since September 11, 2001 Readings 7-1 Drug Testing and the Right to Privacy: Arguing the Ethics of Workplace Drug Testing 7-2 The Ethical Use of Technology in Business 7-3 Hiring in a Social Media Age 7-4 Genetic Testing in the Workplace 7-5 Letter from Lewis Maltby to Senator Chris Rothfuss (July 26, 2014) Chapter 8 Ethics and Marketing Opening Decision Point: Digital Marketing and Ethics Introduction Marketing: An Ethical Framework Responsibility for Products: Safety and Liability Contractual Standards for Product Safety Tort Standards for Product Safety Strict Product Liability Ethical Debates on Product Liability Responsibility for Products: Advertising and Sales Ethical Issues in Advertising Marketing Ethics and Consumer Autonomy Marketing to Vulnerable Populations Supply Chain Responsibility Readings 8-1 The Friendship of Buzz, Blog and Swag 8-2 First Analysis of Online Food Advertising Targeting Children 8-3 Fortune at the Bottom of the Pyramid 8-4 POM Wonderful Chapter 9 Business and Environmental Sustainability Opening Decision Point: The Business of Food Introduction Business Ethics and Environmental Values Business’s Environmental Responsibility: The Market Approach Business’s Environmental Responsibility: The Regulatory Approach Business’s Environmental Responsibilities: The Sustainability Approach The “Business Case” for a Sustainable Economy Principles for a Sustainable Business Sustainable Marketing Product Price Promotion Placement Readings 9-1 The Next Industrial Revolution 9-2 Getting to the Bottom of “Triple Bottom Line” 9-3 Beyond Corporate Responsibility: Social Innovation and Sustainable Development as Drivers of Business Growth Chapter 10 Ethical Decision Making: Corporate Governance, Accounting, and Finance Opening Decision Point: Volkswagen’s Diesel Fraud Introduction Professional Duties and Conflicts of Interest The Sarbanes-Oxley Act of 2002 The Internal Control Environment Going beyond the Law: Being an Ethical Board Member Legal Duties of Board Members Beyond the Law, There Is Ethics Conflicts of Interest in Accounting and the Financial Markets Executive Compensation Insider Trading Readings 10-1 The Cultural Dependence of Corporate Governance 10-2 Libor and Capitalist Moral “Decay” 10-3 How Much Compensation Can CEOs Permissibly Accept? Glossary Index