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Ethical Theory and Business

ISBN: 9780133985207 | 0133985202
Edition: 5th
Format: Paperback
Publisher: Simon & Schuster Adult Publishing Group
Pub. Date: 9/1/1996

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SummaryTable of Contents
Revised and updated to meet the ethical challenges of today's business world, Ethical Theory and Business presents a collection of readings that includes historical as well as contemporary material. Chapters offer thoughtfully collected essays, legal perspectives, and court cases that give readers a basis for understanding the latest developments in business ethics scholarship, analysis, and decision making. In addition to presenting the fundamental concepts and problems of business ethics, normative ethical theory, and the analysis of cases, t... MORE
PREFACEix
Chapter One ETHICAL THEORY AND BUSINESS PRACTICE
1(49)
PART ONE: FUNDAMENTAL CONCEPTS AND PROBLEMS
1(19)
... MORE1(2)
Morality and Prudence
3(1)
Morality and Law
4(2)
The Rule of Conscience
6(1)
Approaches to the Study of Morality
6(2)
Justification in Ethics
8(1)
Relativism and Objectivity of Belief
8(4)
Moral Disagreements
12(2)
The Problem of Egoism
14(6)
PART TWO: NORMATIVE ETHICAL THEORY
20(23)
The Role of Professional Standards
20(1)
Utilitarian Theories
21(7)
Kantian Ethics
28(5)
Contemporary Challenges to the Dominant Theories
33(1)
Common Morality Theories
33(2)
Rights Theories
35(3)
Virtue Ethics
38(1)
Feminist Theories and the Ethics of Care
39(3)
A Prologue to Theories of Justice
42(1)
PART THREE: ANALYSIS OF CASES
43(7)
The Case Method in Law
43(1)
The Case Method in Business
43(1)
The Case Method in Ethics
44(1)
Ethical Theory and Case Analysis
45(5)
Chapter Two CORPORATE SOCIAL RESPONSIBILITY
50(67)
THE PURPOSE OF A CORPORATION IS TO MAKE A PROFIT
56(10)
Milton Friedman
The Social Responsibility of Business Is to Increase Its Profits
56(5)
John G. Simon
Charles W. Powers
Jon P. Gunnemann
The Responsibilities of Corporations and Their Owners
61(5)
STAKEHOLDER THEORY
66(19)
R. Edward Freeman
A Stakeholder Theory of the Modern Corporation
66(10)
Kenneth E. Goodpaster
Business Ethics and Stakeholder Analysis
76(9)
WHICH PERSPECTIVE IS BETTER?
85(23)
John R. Boatright
Fiduciary Duties and the Shareholder-Management Relation: Or, What's So Special About Shareholders?
85(11)
Norman E. Bowie
New Directions in Corporate Social Responsibility
96(12)
LEGAL PERSPECTIVES
108(4)
Michigan Supreme Court, Dodge v. Ford Motor Company
108(2)
Supreme Court of New Jersey, A. P. Smith Manufacturing Co. v. Barlow
110(2)
CASES
112(4)
Case 1: Shutdown at Eastland
112(1)
Case 2: The NYSEG Corporate Responsibility Program
113(3)
Suggested Supplementary Readings
116(1)
Chapter Three THE REGULATION OF BUSINESS
117(74)
SELF-REGULATION
124(33)
Kenneth J. Arrow
Business Codes and Economic Efficiency
124(2)
Ian Maitland
The Limits of Business Self-Regulation
126(10)
Richard T. De George
Ethical Responsibilities of Engineers in Large Organizations: The Pinto Case
136(7)
Russell P. Boisjoly
Ellen Foster Curtis, and Eugene Mellican, Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions
143(14)
GOVERNMENT REGULATION
157(22)
Robert J. Rafalko
Remaking the Corporation: The 1991 U.S. Sentencing Guidelines
157(12)
Jennifer Moore
Corporate Culpability Under the Federal Sentencing Guidelines
169(10)
LEGAL PERSPECTIVES
179(8)
Licensee Responsibility to Review Records Before Their Broadcast
179(3)
Federal Sentencing Guidelines: Sentencing of Organizations
182(5)
CASES
187(2)
Case 1: The Advertising Code Case
187(1)
Case 2: Beech-Nut Corporation
188(1)
Suggested Supplementary Readings
189(2)
Chapter Four ACCEPTABLE RISK
191(77)
CONSUMER RISK
201(15)
Manuel Velasquez
The Ethics of Consumer Production
201(9)
George G. Brenkert
Strict Products Liability and Compensatory Justice
210(6)
OCCUPATIONAL RISK
216(7)
Ruth R. Faden
Tom L. Beauchamp
The Right to Risk Information and the Right to Refuse Workplace Hazards
216(7)
RISK TO THE ENVIRONMENT
223(13)
Jang B. Singh
V. C. Lakhan
Business Ethics and the International Trade in Hazardous Wastes
223(7)
W. Michael Hoffman
Business and Environmental Ethics
230(6)
INVESTMENT RISK
236(14)
Robert E. Frederick
W. Michael Hoffman
The Individual Investor in Securities Markets: An Ethical Analysis
236(8)
Robert F. Bruner
Lynn Sharp Paine
Management Buyouts and Managerial Ethics
244(6)
LEGAL PERSPECTIVES
250(11)
Supreme Court of New Jersey, Henningsen v. Bloomfield Motors, Inc. and Chrysler Corporation
250(4)
Supreme Court of the United States, Automobile Workers v. Johnson Controls, Inc.
254(3)
Supreme Court of New Jersey, State Department of Environmental Protection v. Ventron Corporation
257(4)
CASES
261(4)
Case 1: Protecting Consumers Against Tobacco
261(1)
Case 2: Do Apple Computer Shareholders Need Protection?
262(1)
Case 3: Virazole and Investor Risk
263(1)
Case 4: OSHA Noncompliance and Security
264(1)
Suggested Supplementary Readings
265(3)
Chapter Five RIGHTS AND OBLIGATIONS OF EMPLOYERS AND EMPLOYEES
268(93)
RIGHTS AND OBLIGATIONS IN HIRING AND FIRING
275(17)
Patricia H. Werhane
Tara J. Radin
Employment at Will and Due Process
275(9)
Richard A. Epstein
In Defense of the Contract at Will
284(8)
THE TESTING OF EMPLOYEES
292(36)
Mark A. Rothstein
Drug Testing in the Workplace: The Challenge to Employment Relations and Employment Law
292(17)
Joseph DesJardins
Ronald Duska
Drug Testing in Employment
309(11)
Joseph Kupfer
The Ethics of Genetic Screening in the Workplace
320(8)
WHISTLEBLOWING
328(11)
Sissela Bok
Whistleblowing and Professional Responsibility
328(7)
Ronald Duska
Whistleblowing and Employee Loyalty
335(4)
LEGAL PERSPECTIVES
339(18)
Superior Court of New Jersey, Warthen v. Toms River Memorial Hospital
339(5)
Superior Court of New Jersey, Potter v. Village Bank of New Jersey
344(4)
Superior Court of Alaska, Leudtke v. Nabors Alaska Drilling, Inc.
348(9)
CASES
357(2)
Case 1: A Matter of Principle
357(1)
Case 2: Catching a Thief by Honesty Exams
358(1)
Suggested Supplementary Readings
359(2)
Chapter Six HIRING, FIRING, AND DISCRIMINATING
361(82)
AFFIRMATIVE ACTION AND REVERSE DISCRIMINATION
370(17)
Thomas Nagel
A Defense of Affirmative Action
370(4)
Louis P. Pojman
The Moral Status of Affirmative Action
374(5)
Tom L. Beauchamp
Goals and Quotas in Hiring and Promotion
379(8)
PAY EQUITY AND COMPARABLE WORTH
387(23)
Laurie Shrage
Some Implications of Comparable Worth
387(6)
Jennifer M. Quinn
Visibility and Value: The Role of Job Evaluation in Assuring Equal Pay for Women
393(5)
Robert L. Simon
Comparable Pay for Comparable Work
398(12)
SEXUAL HARASSMENT
410(9)
Edmund Wall
The Definition of Sexual Harassment
410(3)
Vaughana Macy Feary
Sexual Harassment: Why the Corporate World Still Doesn't "Get It"
413(6)
LEGAL PERSPECTIVES
419(17)
Supreme Court of the United States, Local 28 of the Sheet Metal Workers' International Association v. Equal Employment Opportunity Commission
419(5)
Supreme Court of the United States, City of Richmond v. J. A. Croson Company
424(6)
Supreme Court of the United States, Two Concurring Opinions in Adarand Constructors Inc. v. Pena
430(2)
Supreme Court of the United States, Meritor Savings Bank, FSB v. Vinson, et al.
432(4)
CASES
436(4)
Case 1: "Harassment" at Brademore Electric
436(1)
Case 2: Sing's Chinese Restaurant
437(1)
Case 3: USAir's Hiring Channel
438(1)
Case 4: Weber and the Kaiser Aluminum Steelworkers Plan
439(1)
Case 5: Comparable Worth in the Female Section?
440(1)
Suggested Supplementary Readings
440(3)
Chapter Seven GATHERING, CONCEALING, AND GILDING INFORMATION
443(71)
DISCLOSING AND BLUFFING
451(12)
Albert Z. Carr
Is Business Bluffing Ethical?
451(5)
Thomas Carson
Second Thoughts About Bluffing
456(7)
DISCLOSURE IN SALES
463(9)
James M. Ebejer
Michael J. Morden
Paternalism in the Marketplace: Should a Salesman Be His Buyer's Keeper?
463(2)
Kerry S. Walters
Limited Paternalism and the Pontius Pilate Plight
465(7)
TRUTH AND DECEPTION IN ADVERTISING
472(19)
Tom L. Beauchamp
Manipulative Advertising
472(8)
George G. Brenkert
Marketing to Inner-City Blacks: PowerMaster and Moral Responsibility
480(11)
COMPETITOR INTELLIGENCE GATHERING
491(8)
Lynn Sharp Paine
Corporate Policy and Ethics of Competitor Intelligence Gathering
491(8)
LEGAL PERSPECTIVES
499(7)
United States Court of Appeals (First Circuit), Irving A. Backman v. Polaroid Corporation
499(3)
Supreme Court of the United States, Federal Trade Commission v. Colgate-Palmolive Co., et al.
502(4)
CASES
506(6)
Case 1: Food Labels and Artful Sales
506(2)
Case 2: The Conventions of Lying on Wall Street
508(1)
Case 3: Green Advertising
509(1)
Case 4: Computer Math for Car Loans
510(2)
Case 5: Marketing the Giant Quart
512(1)
Suggested Supplementary Readings
512(2)
Chapter Eight ETHICAL ISSUES IN INTERNATIONAL BUSINESS
514(95)
INTERNATIONAL NORMS
522(47)
Norman E. Bowie
The Moral Obligations of Multinational Corporations
522(13)
Thomas Donaldson
Fundamental Rights and Multinational Duties
535(10)
Richard T. De George
International Business Ethics: Russia and Eastern Europe
545(11)
Iwao Taka
Business Ethics: A Japanese View
556(13)
THE REGULATION OF INTERNATIONAL BUSINESS
569(23)
Bartley A. Brennan
The Foreign Corrupt Practices Act Amendments of 1988: "Death" of a Law
569(7)
William C. Frederick
The Moral Authority of Transnational Corporate Codes
576(12)
Caux Round Table
Principles for Business
588(4)
LEGAL PERSPECTIVES
592(12)
Supreme Court of the United States, Ali Boureslan v. Arabian American Oil Company and Aramco Services Company
592(6)
Supreme Court of Texas, Dow Chemical Company and Shell Oil Company v. Domingo Castro Alfaro et al.
598(6)
CASES
604(3)
Case 1: Foreign Assignment
604(2)
Case 2: The Nestle Corporation
606(1)
Suggested Supplementary Readings
607(2)
Chapter Nine SOCIAL AND ECONOMIC JUSTICE
609
THEORIES OF SOCIAL JUSTICE
617(26)
John Rawls
An Egalitarian Theory of Justice
617(8)
Robert Nozick
The Entitlement Theory
625(4)
Peter Singer
Rich and Poor
629(6)
Michael Walzer
Spheres of Justice
635(8)
INTERNATIONAL ECONOMIC JUSTICE
643(8)
Thomas Donaldson
The Ethics of Conditionality in International Debt
643(8)
LEGAL PERSPECTIVES
651(3)
Supreme Court of the United States, William M. Ferguson, Attorney General for the State of Kansas v. Frank C. Skrupa... Credit Advisors
651(3)
CASES
654(5)
Case 1: Baseball Economics
654(1)
Case 2: Selling Cyclamates Abroad
655(1)
Case 3: Cocaine at the Fortune-500 Level
656(2)
Case 4: Covering the Costs of Health Care
658(1)
Suggested Supplementary Readings
659

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