Article 3: Fairness in Business: Does it matter and what does it mean?
Conflict by what we were taught and what we see
Why be fair?
o Utility- value we give it and a price to pay
o Its a virtue
o Positive consequences outweigh negative consequences
Article 7: Whats at the core of corporate wrongdoing?
Good board members read body language, observe interactions, and view
facilities. They look at the contents of whistle-blower and customer hotline call-in
logs, employee surveys, performance evaluatio
Article 4: Building an Ethical Framework
10 questions executives should ask in order to initiate a culture that encourages
and sustains ethical conduct.
1. Relationship between ethics and other performance metrics in a company?
Cost of preventing an eth
Choices in unethical company:
Your perspective and situation
Not the organization
Your times to the organization
Out of the pot into the fire
Moral Decision Framework Types:
Accounting and Ethics:
What makes Accounting vulnerable?
1) External Pressures (Competition and PEST)
International standard variance
Society standard variance and conflict
2) Internal Pressures
Article 8: Markets and Morals
Do we want a society where everything is up for sale
Market Fundamentalism: the glorification of wealth over the last couple of
decades, to the celebration of opulence and to the emergence of new aristocracy.
Article 9: Mor
Article 49: First, make money, also, do good
The shared-value concept builds on those ideas, but it emphasizes profit-making
not just as a possibility but as a priority
Elaboration of the notion of corporate self-interest, or greed.
o The ability to add
Article 1: Thinking ethically
The first step in analyzing moral issues is GET THE FACTS
In addition to facts, resolving an ethical issue also requires an appeal to values
o Utilitarian approach
The ethical action is the one that provides the greatest g
5 Ps in ORGANIZATION
Mission needs integrity
Can a company have a soul? If so, where should it be?
Long term and durable
peoples negative feelings about their organizations are at the root of unethical
Article 31: Privacy and the Internet
Facebook privacy settings being unacceptable
Nobody has a clear view of where to draw the line on privacy matters online
Article 32: Automotive Black boxes raise privacy issues
Black boxes can give investigators inc