Download e-book for iPad: Business Ethics: A Case Study Approach by Stephen K. Henn

By Stephen K. Henn

ISBN-10: 0470450673

ISBN-13: 9780470450673

There's a ''new normal'' in enterprise ethics

Despite all of the phrases and laws aimed toward development moral and liable businesses, saw misbehavior has increased-think of the Siemens scandal and Bernie Madoff. Business Ethics: A Case examine Approach confronts the brutal truth approximately enterprise ethics because it exists today-it's now not working.

This stirring casebook powerfully attracts a right away line among ethics and company performance-that is, the sounder your company's moral origin, the more advantageous it is going to practice in model popularity, revenues, shopper delight and loyalty, worker productiveness, or even in diminished regulatory burdens.

So, how are you going to advance management that units the best tone on the top?

Author and ethics expert Stephen Henn solutions that question with candidly insightful case stories that examine each perspective of moral lapses, including:

  • A CFO's Dilemma
  • The Duke college Lacrosse Scandal
  • Arthur Andersen
  • The Stanford criminal Experiment
  • The Smithsonian Institution
  • Firestone/Ford Tire Recalls
  • Jordan's Furniture
  • Whirlpool and management Development
  • Ponzi Schemes
  • And many more

Examining the previous mind-sets and dogmas on company ethics and protecting them as much as the sunshine of day, Business Ethics: A Case learn Approach finds how the moral overall healthiness of your company will forecast even if it outperforms the contest. this is often your twenty-first-century rule booklet for knowing the ''new normal'' in enterprise ethics

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Additional resources for Business Ethics: A Case Study Approach

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Thanks to Anjali Gupta for compiling the research. 2. Codes of ethics were loosely interpreted to include codes of conduct, governing principles, or other statements having the same purpose. 3. James A. Mitchell, The Ethicial Advantage: Why Ethical Leadership Is Good Business (Minneapolis: Center for Ethical Business Culture, 2001). pdf (accessed 19 January 2009). 4. M. Orlitzky, F. L. Schmidt, and S. L. Rynes, ‘‘Corporate Social and Financial Performance: A Meta-analysis,’’ Organization Studies 24, no.

The general idea is that a fiduciary ‘‘stands in the shoes’’ of the entrustor with power over something of value that the entrustor has complete rights to. So there is a relationship of power and dependency. The fiduciary exercises power and the entrustor is completely dependent on the acts of the fiduciary. Circling back, as noted earlier, executives and the board of a corporation owe their duty to shareholders. 14 Government leaders have a fiduciary duty to the public. For notfor-profits, the fiduciary duty extends to the objects of the organization.

This dissociation between authority to act and responsibility for consequences creates a difficult moral hazard and management challenge. This mixture of personalities, good intentions, ambition, and academic tradition came into conflict when, on March 13, 2006, what started out as a typical party ended up in a perfect storm of race, class, and gender. While the details of the incident are unnecessary for our discussion, a general outline of the incident is in order. At an offcampus party attended primarily by the Duke men’s lacrosse team, two strippers were hired to perform.

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Business Ethics: A Case Study Approach by Stephen K. Henn

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