Ethics & Business: An Integrated Approach for Business and Personal Success, 1st Edition, International Adaptation gives students the practical knowledge and skills to identify ethical dilemmas, understand ethical behavior in themselves and others, and advocate for ethical behavior within their organization. The course focuses on three ethical questions: the individual, the organization, and the societal perspective. These questions and views explore different areas of business ethics, such as the use and abuse of power, challenges to honesty and integrity, and participation in ethical interventions such as reporting, repair, forgiveness, and reconciliation.
Most business ethics courses are based on a single point of view. Depending on the viewpoint, this might be based on philosophical theory, organizational behavior, or a legal and regulatory compliance approach. As an author team, we combine and integrate these points of view into a unified whole by incorporating unique content, original videos, and adaptable case studies to assist students in making ethical decisions in their professional and personal lives.
This International Adaptation explores different areas of business ethics, such as the use and abuse of power, challenges to honesty and integrity, and participation in ethical interventions such as reporting, repair, forgiveness, and reconciliation. Every chapter now includes new questions to help readers test their understanding of the subject. There is also new mini cases that are contemporary and more relevant to the global scenario.
Table of Contents
Preface v
Course Resources vi
Meet the Authors vii
1 Introduction: Why Study Business Ethics? 1
Part I
2 Theories of Morality and Business Ethics 15
3 Living a Great Life: PERMA, Mission Statements, and Ethical Decision Making 31
4 Corporate Organization and the Role of Stakeholders 47
5 Ethics and Compliance in the Corporation 63
6 Culture Matters 83
7 Ethics in a Global Society and Economy 101
Part II
8 Power and Its Uses 117
9 Conflicts of Interest 131
10 Bribery and Corruption 143
11 Integrity and Mercy 157
12 Corporate Social Responsibility and Social Entrepreneurship 169
Part III
13 Ethics and Technology: Issues for the Twenty-first Century 183
14 Ethics and a Market Economy 199
Cases
Case 1 Introduction - The Overwhelmed Ethics Student 213
Case 2 Ethical Theories - Rose Martinez and TriHydraChlorafine 217
CASE 3 Living an Ethical Life - Peter Olson 219
Case 4 The Corporation and its Stakeholders - Ecolab and the 2030 Sustainability Goals 221
Case 5 Ethics and Compliance in Corporations - Valeant Pharmaceuticals 227
Case 6 Culture and Ethical Leadership - Mary Barra at General Motors 235
Case 7 Global Ethics - Ethical Challenges for Apple in China 241
Case 8 Power, its Use and Abuse - The Wrong Hallway 247
Case 9 Conflicts of Interest - Challenges Within the World of Investing 249
CASE 10 Goldman Sachs and 1MDB - Rogue Employee or Failed Oversight? 253
CASE 11 Integrity and Mercy - A Question of Loyalty 259
CASE 12 Corporate Social Responsibility - CSR at Microsoft 261
CASE 13 Ethics and Technology - Facebook’s Oversight Board and its Effect in 2021 265
CASE 14 Ethics and Capitalism - The Other Side Academy 273
Name Index 281
Company Index 283
Subject Index 285