Business Ethics and Ethical Business

Business Ethics and Ethical Business

3.39 (28 ratings by Goodreads)
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Business Ethics and Ethical Business is a brief yet remarkably comprehensive introduction to the thought-provoking field of business ethics. The text is organized into three parts that cover the role of business in society, the ethics of internal management, and the challenges of international business. It introduces the standards essential in business ethics, explores a wide range of issues using concrete examples, and provides analytical tools for guiding ethical decisions in the real world.Features: * Includes an appendix containing sixteen short case scenarios modeled on ethical problems in business; these studies are keyed to relevant chapters and designed to stimulate class discussion and provide material for essay assignments * Introduces central ethical theories including Aristotle's virtue ethics, Kant's rule-based ethics, Mill's utilitarianism, and Ross's common-sense pluralism * Introduces a set of principles comprising a decision framework for conducting business ethically * Examines the two main competing views of business in a democratic society-the free market view and the corporate social responsibility approach * Considers both large companies and small, family-owned businesses * Includes a glossary of many key terms in business ethics Business Ethics and Ethical Business is ideal for undergraduate or MBA courses, as either a standalone text or a companion to an anthology or selected case studies. Every chapter is self-contained, so the text can be used in whole or in part and in long or short more

Product details

  • Paperback | 176 pages
  • 139.7 x 205.74 x 15.24mm | 226.8g
  • Oxford University Press Inc
  • New York, United States
  • English
  • 0195369106
  • 9780195369106
  • 449,255

Review quote

Business Ethics and Ethical Business is philosophically sophisticated and yet written in admirably clear prose. This is a virtuoso performance by one of the most distinguished scholars in the field of business ethics. Edwin M. Hartman, Leonard N. Stern School of Business, New York University As we have come to expect of Audi's work, the reasoning and style contained in Business Ethics and Ethical Business has the 'triple-barrels' of richness, insightfulness, and clarity. Mitchell R. Haney, University of North Florida This elegant and concise introduction to business ethics examines business as a practice that sits at the nexus of democratic values, free market values, and individual and community conceptions of the good life. Joanne B. Ciulla, University of Richmond Audi cuts away the fluff and gives his reader the essentials without unnecessary embellishment. Peter Madsen, Carnegie Mellon Universityshow more

Table of contents

PREFACE ; PART I. THE ROLE OF BUSINESS IN A FREE DEMOCRACY ; 1. TWO DEMOCRATIC TRADITIONS ; Foundations of Capitalism ; Two Conceptions of Democracy ; 2. THE RIGHTS AND SOCIAL RESPONSIBILITIES OF BUSINESS ; The Moral Rights of Businesses ; A Proposal for Justifying Inequalities in Free Democracies ; Determining Ethical Obligations: Some Major Approaches ; Ethical Obligation and Legal Requirements ; 3. THE CONSTITUENCIES OF ETHICAL BUSINESS ; The Scope of Ownership Rights ; The Interests of Stockholders ; The Multiple-Constituency View of the Corporation ; Constituents as "Stakeholders" ; 4. A FRAMEWORK FOR MAKING ETHICAL DECISIONS ; Common-sense Ethical Principles ; A Five-step Model for Making Difficult Ethical Decisions ; 5. ETHICAL BUSINESS, ENVIRONMENTAL RESPONSIBILITY, AND SUSTAINABILITY ; The Value of the Environment ; The Ethical Importance of Future Generations ; The Ideal of Sustainability ; 6. MARKETING: PRODUCT, TARGET, AND IMAGE ; Some Major Dimensions of Marketing Ethics ; Five Types of Ethical Problems in Marketing ; Insincerity, Deception, and Manipulation in Marketing ; Advertising and the Limits of Persuasive Representation ; The Ethics of Creating Desire ; The Interdependence of Marketing and Manufacturing Decisions ; Advertising and the Human Image ; 7. THE ETHICS OF FINANCIAL REPRESENTATION ; The Centrality of Accounting in Capitalist Democracies ; The Public Representation of Financial Positions ; Judgment, Clarity, and Conflicts of Interest in Accounting ; PART II. THE ETHICS OF INTERNAL MANAGEMENT ; 8. HIRING POLICIES AND COMPENSATION STANDARDS ; Preferential Hiring and Affirmative Action ; Rationales for Affirmative Action ; Promotion and Remuneration ; Qualifications and Merit ; Executive Compensation ; An Approach to Fairness in CEO Compensation ; 9. CONDITIONS OF EMPLOYMENT AND CODES OF ETHICS ; Safety, Risk, and Informed Consent ; Whistleblowing ; Healthcare Obligations and Responsibilities ; Privacy in Employment ; Private Lives and the Movable Workplace ; Company Codes and Mission Statements ; 10. RELIGION IN THE WORKPLACE ; Church-state Separation as a Starting Point in Employment ; Some Applications to Managerial Policy Questions ; Religion in Large Public Companies ; Demonstrative Affiliation in Employment ; 11. MANAGERIAL LEADERSHIP AND CORPORATE CULTURE ; Corporate Culture, Ethos, and Ethics ; Managerial Hierarchy and its Limitations ; Leadership Versus Power ; Ethical Leadership and Leadership in Ethics ; Meaningful Work and the Creation of Value ; PART III. ETHICAL PROBLEMS OF GLOBAL BUSINESS ; 12. INTERNATIONAL TRADE AND CROSS-CULTURAL STANDARDS ; Intercultural Understanding ; Child Labor ; Gift-giving in Business ; Gift-giving Versus Bribery ; 13. NATIONALITY, INTERNATIONAL BUSINESS ETHICS, AND COSMOPOLITANISM ; Outsourcing ; Cultural Adaptation, Relativity, and Standards of Negotiation ; Ethical Limits in Negotiation Strategies ; The Relation between Ethics and Law ; Intellectual Property, Technology Transfer, and Porous Borders ; Ethics and Law in International Business ; International Cooperation and Cosmopolitanism ; 14. CONCLUSIONshow more

Rating details

28 ratings
3.39 out of 5 stars
5 21% (6)
4 25% (7)
3 29% (8)
2 21% (6)
1 4% (1)
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