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Book Cover
E-book
Author Stanwick, Peter Allen, author.

Title Absolute essentials of business ethics / Peter Stanwick and Sarah Stanwick
Published Abingdon, Oxon ; New York, NY : Routledge, 2021
©2021

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Description 1 online resource
Series Absolute Essentials of Business and Economics Ser
Absolute essentials of business and economics.
Contents Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Dedication -- Table of contents -- Introduction -- Using this book -- 1 The foundations of business ethics -- What is ethics? -- Why study business ethics? -- Types of ethical examinations -- Enron and ethical examinations -- Descriptive examination of Enron -- Analytical examination of Enron -- Normative description of Enron -- Philosophical ethical frameworks -- Teleological frameworks -- Ethical egoism -- Utilitarianism -- Sidgwick's dualism -- Patagonia and teleological frameworks -- Ethical egoism
Utilitarianism -- Sidgwick's dualism -- Deontological frameworks -- Existentialism -- Contractarianism -- Kant's ethics -- WorldCom and deontological frameworks -- Existentialism -- Contractarianism -- Kant's ethics -- The trolley problem -- A future trolley dilemma? -- Bibliography -- 2 Stakeholders and corporate social responsibility -- What is a stakeholder? -- How Costco serves its stakeholders -- Addressing the needs of the employees -- Addressing the needs of the community -- Addressing the needs of environmental sustainability -- Addressing the needs of the suppliers and customers
Addressing the needs in the protection of human rights -- Corporate social responsibility -- The corporate social responsibility pyramid -- Economic responsibilities -- Legal responsibilities -- Ethical responsibilities -- Philanthropic responsibilities -- Samsung's use of the corporate social responsibility pyramid -- The corporate social responsibility pyramid and the Galaxy Note 7 crisis -- Economic responsibilities during the crisis -- Economic responsibilities after the crisis -- Legal responsibilities during the crisis -- Legal responsibilities after the crisis
Ethical obligations during the crisis -- Ethical responsibilities after the crisis -- Philanthropic responsibilities during the crisis -- Philanthropic responsibilities after the crisis -- Ethics and corporate reputation -- Purdue Pharma: How a negative corporate reputation led to bankruptcy -- Bibliography -- 3 Leadership and corporate governance -- Ethical leadership -- Characteristics of ethical leadership -- Transactional leadership -- Founder of Microsoft, Bill Gates: Transactional leader -- Transformational leadership -- Founder of Netflix, Reed Hastings: Transformational leader
Ethics and corporate governance -- Satyam: When lack of corporate governance fails all stakeholders -- Board of directors -- Types of board of directors -- Passive board -- Certifying board -- Engaged board -- Intervening board -- Operating board -- Possible conflicts of interest related to the board of directors -- CEO duality -- Nomination of board members -- Inside versus outside board members -- Interlocking directorates -- Enron's board of directors: The gold standard of unethical behavior -- Ethics and CEO compensation -- CEO compensation from an ethical philosophical framework
Summary This shortform textbook explores practical applications of how business ethics impacts working lives, allowing readers to reflect on their own moral compass through the use of ethical dilemmas. Highlighting the extensive breadth of issues related to business ethics, the authors introduce and analyze ethical and unethical behaviors of firms through numerous real -life examples including Patagonia, Costco, LVMH, Bill Gates, Muhummad Yunus, Enron, WorldCom, Samsung, Purdue Pharma, Vale Mining and the COVID-19 crisis. Regardless of career path or occupation, Absolute Essentials of Business Ethics is a valuable resource to understand why people make decisions based on their own ethical values and beliefs. Useful at both undergraduate and graduate levels, this unique textbook will serve students of business ethics around the world
Bibliography Includes bibliographical references and index
Notes Peter A. Stanwick is Associate Professor of Management at Auburn University, USA. He is co-author of Understanding Business Ethics, International Management: A Stakeholder Perspective and Corporate Sustainability Leadership. Sarah D. Stanwick is Associate Professor of Accounting at Auburn University, USA. She is co-author of Understanding Business Ethics, International Management: A Stakeholder Perspective and Corporate Sustainability Leadership
Online resource; title from PDF title page (viewed November 23, 2020)
Subject Business ethics.
BUSINESS & ECONOMICS -- General.
BUSINESS & ECONOMICS -- Business Ethics.
Business ethics
Form Electronic book
Author Stanwick, Sarah D. (Sarah Dunn)
ISBN 9781000214833
1000214834
1000214915
9781000214871
1000214877
9780367814663
0367814668
9781000214918