OVERVIEW Chapter 1- THE IMPORTANCE OF BUSINESS ETHICS Business Ethics Defined Why Study Business Ethics?

A crisis in business ethics Specific issues The reasons for studying business ethics The Development of Business Ethics Before 1960: Ethics in Business The 1960s: The rise of Social Issues in Business The 1970s: Business Ethics as an Emerging Field The 1980s: Consolidation The 1990s: Institutionalization of Business Ethics The Twenty-First Century: A new Focus on Business Ethics Developing an Organisational and Global Ethical Culture The Benefits on Business Ethics Ethics contributes to employee commitment Ethics contributes to investor loyalty Ethics Contributes to customer satisfaction Ethics contributes to Profits Our Framework for Studying Business Ethics

Topic 2- STAKEHOLDER RELATIONSHIPS, SOCIAL RESPONSIBILITY, AND CORPORATE GOVERNANCE Stakeholders Define Ethical Issues in Business Identifying stakeholders A stakeholder orientation Social Responsibility and the Importance of a Stakeholder Orientation Social Responsibility and Ethics Corporate Governance Provides Formalized Responsibility to Stakeholders Views of corporate governance The role of board of directors Greater demands for accountability and transport Executive compensation Implementing a Stakeholder Perspective Step 1: Assessing the corporate culture Step 2: Identifying stakeholder groups Step 3: Identifying stakeholder issues Step 4: Assessing organisational commitment to social responsibility Step 5: Identifying Resources and determining urgency Step 6: Gaining stakeholder feedback Contributions of a Stakeholder Perspective

Topic 3- EMERGING BUSINESS ETHICS Recognizing an Ethical Issue Honesty Fairness Integrity Ethical Issues and Dilemmas in Business Misuse of Company Resources Abusive or intimidating behaviour Lying Conflicts of interest Bribery Corporate intelligence Discrimination Sexual harassment Environmental issues Fraud Consumer Fraud Financial misconduct Insider Trading Intellectual property rights Privacy issues The Challenge of Determining and Ethical Issue in Business

Topic 4-THE INSTITUTIONALIZATION OF BUSINESS ETHICS Managing Ethical Risk through Mandated and Voluntary Programs Mandated Requirements for Legal Compliance Laws regulating competition Laws protecting consumers Gatekeepers and Stakeholders Accountants Risk assessment The Sarbanes-Oxley Act Public company accounting oversight board Auditor and analyst independence Whistle-blower protection Cost of compliance Dodd-Frank Wall Street Reform and Consumer Protection Act New financial agencies Consumer financial protection bureau Whistle-blower protection Laws that Encourage Ethical Conduct Federal Sentencing Guidelines for Organisations Highly Appropriate Core Practices Voluntary responsibilities Strategic philanthropy The importance of institutionalising in business ethics Cause related marketing Laws promoting equity and safety Laws protecting the environment

Topic 5- ETHICAL DECISION MAKING AND ETHICAL LEADERSHIP A Framework for Ethical Decision Making in Business Ethical-issue intensity Individual factors Organisational Factors Opportunity Business Ethics evaluations and intentions Using the Ethical Decision-Making Framework to Improve Ethical Decisions The role of Leadership in a Corporate Culture Leadership Styles Influence Ethical Decisions Habits of Strong Ethical Leaders Ethical leaders have strong personal character Ethical leaders have a passion to do right Ethical leaders are proactive Ethical leaders consider stakeholders interests Ethical leaders are role models for the Organisations values Ethical leaders are transparent and actively involved in organisational decision making Ethical leaders are competent managers who take a holistic view of firms ethical culture Understanding Ethical Decision Making and the Role of Leadership

Topic 6- INDIVIDUAL FACTORS: MORAL PHILOSOPHIES AND VALUES Moral Philosophy Defined Moral Philosophies Instrumental and intrinsic goodness Teleology Deontology Relativist perspective Virtue Ethics Justice Applying Moral Philosophy to Ethical Decision Making Cognitive Moral Development White-Collar Crime Individual Factors in Business Ethics

Topic 7- ORGANISATIONAL FACTORS: THE ROLE OF ETHICAL CULTURE AND RELATIONSHIPS Define Corporate Culture The Role of Corporate Culture in Ethical Decision Making Ethical frameworks and evaluations of corporate culture Ethics as a component of corporate culture Compliance versus value- based ethical cultures Differential Association Whistle Blowing Leaders Influence Corporate Culture Power shapes corporate culture Motivating Ethical Behaviour Organisational Structure and Business Ethics Group Dimensions of Corporate Structure and Culture Types of Groups Group Norms Variation in Employee Conduct Can People Control Their Own Actions within a Corporate Culture?