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Ethical Theory and Business

ISBN: 9780130831446 | 0130831441
Edition: 6th
Format: Paperback
Publisher: PRENTICE HALL
Pub. Date: 10/1/2000

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SummaryTable of Contents
For one-semester, sophomore/senior-level courses in Business Ethics, Corporate Responsibility, and Business and Society. This book presents a comprehensive anthology of readings, legal perspectives, and cases in ethics in business. Focuses on providing and explaining the tools needed to deal with ethical dilemmas in business.
Prefaceix
Ethical Theory and Business Practice
1(44)
Fundamental Concepts and Problems
Mora... MORE
1(1)
Morality and Prudence
2(2)
Morality and Law
4(1)
The Rule of Conscience
5(1)
Approaches to the Study of Morality
6(1)
Relativism and Objectivity of Belief
7(3)
Moral Disagreements
10(2)
The Problem of Egoism
12(5)
Normative Ethical Theory
Utilitarian Theories
17(7)
Kantian Ethics
24(5)
Contemporary Challenges to the Dominant Theories
29(1)
Common Morality Theories
29(1)
Rights Theories
30(3)
Virtue Ethics
33(2)
Feminist Theories and the Ethics of Care
35(3)
A Prologue to Theories of Justice
38(1)
Analysis of Cases
The Case Method in Law
39(1)
The Case Method in Business
39(1)
The Case Method in Ethics
40(1)
Ethical Theory and Case Analysis
41(4)
The Purpose of the Corporation
45(61)
Introduction
Stockholder Management Versus Stakeholder Management
The Social Responsibility of Business Is to Increase Its Profits
51(5)
Milton Friedman
A Stakeholder Theory of the Modern Corporation
56(10)
R. Edward Freeman
Which View is Right?
Business Ethics and Stakeholder Analysis
66(9)
Kenneth E. Goodpaster
Fiduciary Duties and the Shareholder-Management Relation: Or, What's So Special About Shareholders?
75(11)
John R. Boatright
Legal Perspectives
Michigan Supreme Court, Dodge v. Ford Motor Company
86(2)
Supreme Court of New Jersey, A. P. Smith Manufacturing Co. v. Barlow
88(2)
TIAA-CREF, Policy Statement on Corporate Governance
90(5)
Cases
Shutdown at Eastland
95(1)
The NYSEG Corporate Responsibility Program
96(2)
H.B. Fuller in Honduras: Street Children and Substance Abuse
98(2)
The Wall Street Effect
100(1)
The Health Business
101(3)
Suggested Supplementary Readings
104(2)
The Regulation of Business: Accountability and Responsibility
106(65)
Introduction
Compliance Theory and Self-Regulation
Business Codes and Economic Efficiency
112(2)
Kenneth J. Arrow
The Federal Sentencing Guidelines for Organizations: A Framework for Ethical Compliance
114(7)
O. C. Ferrell
Debbie Thorne LeClair
Linda Ferrell
Managing Ethics and Legal Compliance: What Works and What Hurts
121(6)
Linda Klebe Trevino
Gary R. Weaver
David G. Gibson
Barbara Lee Toffler
Determining Responsibility
Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions
127(15)
Russell P. Boisjoly
Ellen Foster Curtis
Eugene Mellican
How Can We Save the Next Victim?
142(10)
Lisa Belkin
Legal Perspectives
Federal Sentencing Guidelines---Sentencing of Organizations
152(6)
Excerpts from V-Chip Legislation, U.S. Congress Telecommunications Act of 1996
158(2)
Johnson and Johnson: Our Credo
160(1)
Cases
Retailers and Weapons: Self-Imposed Bans
161(1)
Rock Music Warning Labels
162(2)
An Auditor's Dilemma
164(1)
Beech-Nut Corporation
165(1)
Grantman Piedman
166(3)
Suggested Supplementary Readings
169(2)
Acceptable Risk
171(85)
Introduction
Consumer Risk
The Ethics of Consumer Production
181(8)
Manuel Velasquez
Strict Products Liability and Compensatory Justice
189(6)
George G. Brenkert
Occupational Risk
The Right to Risk Information and the Right to Refuse Workplace Hazards
195(8)
Ruth R. Faden
Tom L. Beauchamp
The Nature of the Worker's Right to Know
203(7)
Thomas O. McGarity
Environmental Risk
Safety, Risk, and Environmental Protection
210(6)
Richard T. De George
Shades of Green: Business, Ethics, and the Environment
216(8)
R. Edward Freeman
Jessica Pierce
Richard Dodd
Investment Risk
The Individual Investor in Securities Markets: An Ethical Analysis
224(7)
Robert E. Frederick
W. Michael Hoffman
Management Buyouts and Managerial Ethics
231(6)
Robert F. Bruner
Lynn Sharp Paine
Legal Perspectives
Supreme Court of New Jersey, Henningsen v. Bloomfield Motors, Inc. and Chrysler Corporation
237(11)
Supreme Court of the United States, Automobile Workers v. Johnson Controls, Inc.
241(3)
Supreme Court of the United States United States, Petitioner v. Bestfoods et al.
244(4)
Cases
Protecting Consumers Against Tobacco
248(1)
Exposing Workers to Plutonium
249(1)
The McDonald's Polystyrene Case
250(2)
Virazole and Investor Risk
252(1)
OSHA Noncompliance and Security
253(1)
Suggested Supplementary Readings
253(3)
Rights and Obligations of Employers and Employees
256(113)
Introduction
Ethical Issues Surrounding the Hiring and Firing of Employees
Employment at Will and Due Process
266(9)
Patricia H. Werhane
Tara J. Radin
In Defense of the Contract at Will
275(8)
Richard A. Epstein
Privacy
Drug Testing in Employment
283(11)
Joseph Desjardins
Ronald Duska
Drug Testing and the Right to Privacy: Arguing the Ethics of Workplace Drug Testing
294(9)
Michael Cranford
The Ethics of Genetic Screening in the Workplace
303(7)
Joseph Kupfer
The Genetics Revolution, Economics, Ethics, and Insurance
310(8)
Patrick L. Brockett
E. Susan Tankersley
Ethical Issues in Electronic Performance Monitoring
318(17)
G. Stoney Alder
Whistleblowing
Whistleblowing and Employee Loyalty
335
Ronald Duska
Whistleblowing and Trust: Some Lessons from the ADM Scandal
330(6)
Daryl Koehn
Legal Perspectives
Supreme Court of New York, Appellate Division, State of New York v. Wal-Mart Stores, Inc.
336(2)
United States District Court for the Southern District of New York, Pasch v. Katz Media Corporation Katz, Radio Group and Christal Radio
338(4)
Superior Court of Alaska, Leudtke v. Nabors Alaska Drilling, Inc.
342(9)
Superior Court of New Jersey, Warthen v. Toms River Memorial Hospital
351(4)
Superior Court of New Jersey, Potter v. Village Bank of New Jersey
355(4)
Cases
The Reluctant Security Guard
359(4)
Probable Cause and Drug Testing
363(1)
A Matter of Principle
363(1)
A ``State of the Art'' Termination
364(2)
Health and Genetic Screening
366(1)
Suggested Supplementary Readings
367(2)
Hiring, Firing, and Discriminating
369(86)
Introduction
Affirmative Action and Reverse Discrimination
A Defense of Affirmative Action
379(4)
Thomas Nagel
Affirmative Action and the Demands of Justice
383(10)
N. Scott Arnold
Goals and Quotas in Hiring and Promotion
393(8)
Tom L. Beauchamp
Pay Equity and Comparable Worth
Pay Equity
401(5)
Judith M. Hill
Resolving the Debate over Comparable Worth: Some Philosophical Considerations
406(9)
Ellen Frankel Paul
Sexual Harassment
Making Sense of Sexual Harassment Law
415(6)
Andrew Altman
Sexual Harassment: Why the Corporate World Still Doesn't ``Get It''
421(6)
Vaughana Macy Feary
Legal Perspectives
Supreme Court of the United States, Local 28 of the Sheet Metal Workers' International Association v. Equal Employment Opportunity Commission
427(6)
Supreme Court of the United States, City of Richmond v. J. A. Croson Company
433(5)
United States Court of Appeals for the Ninth Circuit, American Federation of State, County, and Municipal Employees v. State of Washington
438(4)
Supreme Court of the United States, Meritor Savings Bank, FSB v. Vinson, et al.
442(4)
Cases
``Harassment'' at Brademore Electric
446(1)
Sing's Chinese Restaurant
447(1)
Wards Cove Packing Co. v. Atonio
448(1)
Weber and the Kaiser Aluminum, Steelworkers Paln
449(1)
Firefighters Local Union No. 1784 v. Stotts
450(1)
Comparable Worth in the Female Section?
451(1)
Suggested Supplementary Readings
452(3)
Marketing and Disclosure
455(72)
Introduction
Marketing, Truth, and Trust
Marketing and Truth
463(6)
Richard T. De George
Marketing Trust: Barriers and Bridges
469(7)
George G. Brenkert
Advertising
Manipulative Advertising
476(9)
Tom L. Beauchamp
The Inconclusive Ethical Case Against Manipulative Advertising
485(6)
Michael J. Phillips
Sales
Paternalism in the Marketplace: Should a Salesman Be His Buyer's Keeper?
491(2)
James M. Ebejer
Michael J. Morden
Information Disclosure in Sales
493(8)
David M. Holley
Bluffing
Is Business Bluffing Ethical?
501(5)
Albert Z. Carr
Second Thoughts About Bluffing
506(6)
Thomas L. Carson
Legal Perspectives
United States Court of Appeals (First Circuit), Irving A. Backman v. Polaroid Corporation
512(4)
United States Court of Appeals (Second Circuit), The Coca-Cola Company v. Tropicana Products, Inc.
516(2)
Cases
Marketing Malt Liquor
518(1)
Marketing the Giant Quart
519(1)
Advertising Joe Camel
519(1)
Green Advertising
520(1)
Food Labels and Artful Sales
521(2)
Computer Math for Car Loans
523(1)
The Conventions of Lying on Wall Street
524(1)
Suggested Supplementary Readings
525(2)
Ethical Issues in International Business
527(114)
Introduction
When in Rome, Should You Do as The Romans Do?
Relativism and the Moral Obligations of Multinational Corporations
533(9)
Norman E. Bowie
What Can Eastern Philosophy Teach Us About Business Ethics?
542(14)
Daryl Koehn
Business Ethics: A Japanese View
556(6)
Iwao Taka
Exporting Mental Models: Global Capitalism in the Twenty-First Century
562(7)
Patricia Werhane
Bribery
Gift Giving, Bribery, and Corruption: Ethical Management of Business Relationships in China
569(10)
P. Steidlmier
When Ethics Travel: The Promise and Peril of Global Business Ethics
579(7)
Thomas Donaldson
Thomas W. Dunfee
Capitalism in the Third World
The Campus Anti-Sweatshop Movement
586(7)
Richard Applebaum
Peter Dreier
The Great Non-Debate Over International Sweatshops
593(12)
Ian Maitland
The Price of a Dream
605(7)
David Bornstein
Legal Perspectives
Supreme Court of the United States, Ali Boureslan v. Arabian American Oil Company and Aramco Services Company
612(5)
Supreme Court of Texas, Dow Chemical Company and Shell Oil Company v. Domingo Castro Alfaro et al.
617(6)
Caux Roundtable, Principles for Business
623(4)
Cases
Foreign Assignment
627(2)
The Nestle Corporation
629(1)
Facilitation or Bribery: Cultural and Ethical Disparities
630(2)
The Gap
632(5)
Texaco in the Ecuadorian Amazon
637(2)
Suggested Supplementary Readings
639(2)
Social and Economic Justice
641(56)
Introduction
Theories of Social Justice
An Egalitarian Theory of Justice
649(8)
John Rawls
The Entitlement Theory
657(4)
Robert Nozick
Rich and Poor
661(6)
Peter Singer
Spheres of Justice
667(8)
Michael Walzer
International Economic Justice
Negotiating Justice
675(5)
Richard T. DeGeorge
The Ethics of Conditionality in International Debt
680(8)
Thomas Donaldson
Legal Perspectives
Law of the Sea and the Common Heritage Principle
688(2)
Thomas M. Franck
Cases
Baseball Economics
690(2)
Enron and Dabhol Power
692(1)
South Africa and the Pharmaceutical Companies
693(1)
Cocaine at the Fortune-500 Level
694(1)
Covering the Costs of Health Care
695(2)
Suggested Supplementary Readings
697

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