Unit 1: ETHICAL THEORY, PHILOSOPHICAL FOUNDATIONS, AND TYPES OF ETHICAL DILEMMAS.
A. Defining Ethics.
You, Your Values, and a Credo. The Parable of the Sadhu. What Are Ethics? From Line-Cutting to Kant. The Types of Ethical Dilemmas: From Truth to Honesty to Conflicts.
On Rationalizing and Labeling: The Things We Do That Make Us Uncomfortable, But We Do Them Anyway. The Slippery Slope, the Blurred Lines, and How We Never Do Just One Thing. Hank Greenberg and AIG.
B. Resolving Ethical Dilemmas.
Some Simple Tests for Resolving Ethical Dilemmas. Steps for Analyzing Ethical Dilemmas. The Little School Teacher That Could: Piper Kansas and Term Papers.
The Movie Ticket. Puffing Your Rèsumè. Dad, the Actuary, and Stats Class. On Plagiarism. Wi-Fi Piggybacking. The Ethics officer and First Class for TSA. Speeding: On the Roadways and in Life. The Pack of Gum.
Unit II: SOLVING BUSINESS ETHICAL DILEMMAS.
A. Business and Ethics: How Do They Work Together?
What’s Different about Business Ethics? The Ethics of Responsibility. Is Business Bluffing Ethical?
B. What Gets in the Way of Ethical Decisions in Business?
How Leaders Lose Their Way: What Price Hubris? Moral Relativism and the Either/Or Conundrum. P=ƒ(x) The Probability of an Ethical Outcome is a Function of the Amount of Money Involved: Pressure. Martha Stewart: Not Such a Good Thing. On Leaving to Spend More Time.
C. Resolving Ethical Dilemmas in Business.
The Areas of Ethical Challenges in Business. A Structured Approach for Solving Ethical Dilemmas and Trying Out Your Skills on Some Business Cases. Goldman Sachs: Am I My Clients’ Keeper? What Happens in Boulder Stays in Boulder: Cell Phone Alibis. Travel Expenses: A Chance for Extra Income. Do Cheaters Prosper? The Rigged Election.
West Virginia University and the Governor’s Daughter.
UNIT III: BUSINESS, SOCIAL RESPONSIBILITY, and SUSTAINABILITY.
A. Business and Society: The Tough Issues of Economics, Social Responsibility, and Business. The Social Responsibility of Business Is to Increase Its Profits. A Stakeholder Theory of the Modern Corporation. Business with a Soul: A Re-Examination of What Counts in Business Ethics. Appeasing Stakeholders with Public Relations. Michael Novak on the Corporation. Marjorie Kelly: The Divine Right of Capital. Schools of Thought on Social Responsibility. Applying Social Responsibility and Stakeholder Theory: Moral Ecology. Whole Foods, John Mackey, and Health Care Debates. Ice-T, the Body Count Album, Shareholder Uprisings, Lil Wayne, and the Rolling Stones. Baseball and Steroids. Michael Vick, Dogs, Rush Limbaugh, and the NFL. Dayton-Hudson and its Contributions to Planned Parenthood. Business and the Environment.
C. Business and the Environment.
The New Environmentalism. Herman Miller and its Rain Forest Chairs. Exxon and Alaska. The Great Disposable Diaper Debate.
UNIT IV: ETHICS AND ORGANIZATIONAL, INDUSTRY, AND SOCIAL CULTURE.
A. Temptation at Work for Individuals: Gain and That Credo.
The Moving Line. Not All Employees Are Equal When It Comes to Moral Development.
B. The Organizational Behavior Factors.
Why Corporations Can’t Control Chicanery. The Effects of Compensation Systems: Incentives, Bonuses, Pay and Ethics. The Subprime Saga: Bear Stearns, Lehman, Merrill, and CDOs. HealthSouth: “You’re My Guy. Get Those Numbers!” There Is No Such Thing as a Rogue Trader: Jett and Kidder, Leeson and Barings, Kerviel and Sociètè General: Compensation-Fueled Dishonesty. Royal Dutch and the Reserves. Stock Options, Backdating, and Disclosure Options: What Happened Here? FINOVA and the Loan Write-Off.
C. The Structural Factors: Governance, Example, and Leadership.
A Primer on Sarbanes-Oxley. Bank of America, the Takeover, and the Board. Dennis Kozlowski: The $6,000 Shower Curtain and the Board’s Deference. Bausch & Lomb and Krispy Kreme: Channel Stuffing and Cannibalism. Enron: The CFO, Conflicts, and Cooking the Books with Natural Gas and Electricity. Arthur Andersen: A Fallen Giant.
The New Shareholder: Taking Over.
D. The Industry Practices and Legal Factors.
If it’s legal; it’s ethical; and besides, everyone does it. A Primer on Accounting Issues, and Ethics and Earnings Management. The Ethics of Bankruptcy. The Ethics of Walking Away From Under-Water Mortgages. The Fear-and-Silence Factors. The Options for Whistleblowers. Beech-Nut and the No-Apple-Juice Apple Juice. NASA and the Space Shuttle Booster Rockets. Hallmark Westland Meat Company and the Cattle Standers.
Getting Information from Employees Who Know to those who Can and Will respond.
WorldCom: The Little Company That Couldn’t After All. Bernie Madoff: Just Stay Away from the 17th Floor.
UNIT V: ETHICS IN INTERNATIONAL BUSINESS.
A. Conflicts Between the Corporation’s Ethics and Business Practices in Foreign Countries. Why an International Code of Ethics Would Be Good for Business. Chiquita Banana and Mercenary Protection. Transnational Shipping and the Pirates. AES, IKEA, and PwC in Russia. Product Dumping. On Sweatshops, Nike, and Kathie Lee. Bhopal: When Safety Standards Differ. When Products Translate Differently. Google, Yahoo, and Human Rights in China.
B. Bribes, Grease Payments, and When in Rome….
A Primer on the FCPA. Siemens and Bribery, Everywhere. The Salt Lake City Olympics.
UNIT VI: ETHICS, BUSINESS OPERATIONS, AND RIGHTS.
A. Workplace Safety.
BP: Pipeline and Refinery Safety. Sleeping on the Job and on the Way Home. Cintas and OSHA.
B. Workplace Loyalty.
Aaron Feuerstein and Malden Mills. Plant Closings, Downsizings, Company Closings, Government Takeovers, Bankruptcies, and Pensions.
C. Workplace Conflicts.
The Wealthy J.C. Penney Buyer. The Trading Desk, Perks, and “Dwarf Tossing.” Case Docs, Pharmas, Medical Journals, Funded Research, and Pizza. The Analyst Who Needed a Preschool. Julie Roehm: The Wal-Mart Buyer with Expensive Tastes.
D. Workplace Diversity and Atmosphere.
English-Only Employer Policies. On-the-Job Fetal Injuries. The Benefits of Diversity: Doug Daft, Former CEO of Coca-Cola. Seinfeld in the Workplace. Toyota, the CEO, the Assistant, Inaction, and the Cost. Arizona Senate Bill 1070.
E. Workplace Privacy and Personal Lives.
Aptitude, Integrity, MySpace, and YouTube Screening of Employees. Bloggers, Chat Rooms, and E-Mail: Your Employer is Watching. Jack Welch and the Harvard Interview.
Is It None of Our Business?
F. Workplace Confrontation.
The Glowing Recommendation. The Ethics of Confrontation. Ann Hopkins and Price Waterhouse.
UNIT VII: ETHICS AND PRODUCTS.
Joe Camel: The Cartoon Character Who Sold Cigarettes and Nearly Felled an Industry.
Spring Break, Beer, and Alcohol on Campus. Cheerios and Cholesterol, and Rice Krispies and Immunity. Subprimes: The Under-the-Radar Loans That Felled a Market. Hollywood Ads: Truth in Criticism. Kraft, Barney Rubble, and Shrek. Craig’s List and Ad Screening.
B. Product Safety.
A Primer on Product Liability. Tylenol: Decades of Dilemmas. Merck and Vioxx.
Ford Pinto, GM Malibu, Ford Crown Victoria: Gas Tanks Redux. Toyota: Sudden Acceleration or Bad Drivers or Pesky Floor Mats? E-coli, Jack-in-the-Box, and Cooking Temperatures. Peanut Corporation of America and Salmonella.
C. Product Sales.
Pfizer and the $2.3 Billion Fine for Sales Representation. The Mess at Marsh McLennan.
Frozen Coke and Burger King and the Richmond Rigging. Slotting. Facilitation Costs, or Commercial Bribery?
Intel and the Chips: When You Have Made a Mistake. Sears and the Auto Repair Centers.
E. Products and Social Issues.
The Mommy Doll. Stem-Cell Research. Toro and its Product Liability Program Fast Food Liability.
UNIT VIII: ETHICS AND COMPETITION.
A. Covenants Not to Compete.
A Primer on Covenants Not to Compete: Are They Valid? Boeing, Lockheed, and the Documents. Starwood, Hilton, and the Suspiciously Similar New Hotel Designs.
B. All’s Fair, or Is It?
Adam Smith: An Excerpt from The Theory of Moral Sentiments. The Coke Employees Who Offered Inside Information to Pepsi. The Compliance Officer Who Strayed. Jonathan Lebed: The Middle Schooler Tycoon. Simmons, Mervyn’s, and the Private Equity Firms that Bankrupted Them.
C. Intellectual Property and Ethics.
Tiffany’s, Louis Vuitton, eBay, Landlords, and Knock-Offs. Copyrights, Songs, and Charity. Google and “Snippets” of Books. The Little Intermittent Windshield Wiper and its Little Inventor.
UNIT IX: ETHICS AND GOVERNMENT.
A. Government Employees.
The Fish Bowl Existence of Government. MMS (The Minerals Management Service): The Arms-Length Affairs with Oil Executives. Kodak, the Appraiser, and the Assessor: Lots of Back-Scratching on Valuation. The Governor and the Senate Seat Vacated by a President. The Man Who Writes the Internal Revenue Code Has Tax Issues: The Rangel Round-Up. I Was Just Following Orders: The CIA, Interrogations, and Legal Opinions.
Paul Wolfowitz and the World Bank, and His Girlfriend. Hiding the Slip-Up on Oil Lease Accounting: Interior Motives. Joe the Plumber, Child Support Records, and the Public Official’s Disclosure.
B. Government Contracts.
Stanford University and Government Overhead Payments. Yale University and the Compensation of Professors for Government Research: Double-Dipping or Confusion?
Minority-Owned Businesses and Reality. The My Tai Concession and the County Supervisor. Government Pricing and Finding a Way Around it. Taser and Stunning Behavior.
C. Government Responsibilities.
The Prosecutors Who Withheld Evidence: The Senator’s Trial. The Duke Lacrosse Team and the Prosecutor. FEMA, Hurricane Katrina, and the Dilemmas of Regulation vs. Human Life.
UNIT X: ETHICS AND NONPROFITS.
A. Nonprofits and Fraud.
New Era: Philanthropic Ponzi Schemes. The Baptist Foundation: The Faithful Are Fleeced.
B. Nonprofits and Management.
ACORN: Community Organizers, Undercover Videos, and Advice. Giving and Spending the United Way. The Red Cross and the Use of 9-11 Donations. The Cornell Researchers Funded by the Foundation.