Documenti di Didattica
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SOCIETY
11th
Edition
McGraw-Hill
2015 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not
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Learning Objectives
Learning Objectives
2-3
Learning Objectives
2-4
Introduction to Ethics
2-5
Introduction to Ethics
criminal prosecution
Money laundering, mortgage and foreclosure
fraud, and big rigging were discovered
Settlements and civil penalties were paid
2-6
Introduction to Ethics
Pattern of abuse
Subprime mortgage crisis
Savings and loan crisis of 1980s
Corporate greed of the Enron era
CEO Dennis Kozlowski stole millions of
dollars from Tyco
Bernard Madoffs colossal Ponzi scheme
2-7
2-8
College students
Most of the business students admit they
Changing values
College experience strengthens certain
ethical values
Most young people are self-absorbed
2-9
Ethics Theories
Business ethics
Measurement of business behavior based
Universal Truths?
Religion
Faiths feature efforts to build absolute and
universal standards
American managers believe in the Golden
Rule
Provides a foundation for a moral life
Libertarianism
Ethical theory rooted in personal liberty
Morality coincides with the maximization of
personal freedom
2-11
Universal Truths?
Virtue ethics
Key to good ethics lies in the classic notion
of character
One must focus on strategies for
encouraging desirable character traits
Person should cultivate the motivation to
do the right thing in daily conduct
2-12
Teleology
Deontology
2-15
2-16
2-17
stages
2-18
Reason or Emotion?
Emotion/intuition approach
Moral decision making is an automatic,
nonreflective process
Mind generates feelings of approval or
disapproval instantaneously when
confronted with a moral question
2-19
Reason or Emotion?
controlled reasoning
2-20
Moral Identity
2-21
Organizational Forces
2-22
The Boss
management
2-23
2-24
Prevention or Enhanced
Punishment
traded companies
Provisions
Establishes an independent board to oversee
accounting profession
Requires executives to personally certify the
accuracy of financial reports
2-25
Prevention or Enhanced
Punishment
Creates new crimes and raises penalties
Requires publicly traded companies to:
Establish internal control systems
Disclose whether they have adopted an ethics code
for senior financial management
2-26
Sentencing
impose sentences
Greater predictability and consistency in
punishment
2-27
Global Bribery
abroad
Considers bribery as a criminal conduct
Requires rigorous internal accounting
controls and careful recordkeeping
2-28
Global Bribery
Does not forbid payments for securing the
competitiveness
2-29
Whistle Blowing
Whistle Blowing
Retaliation
Whistle blowers pay high price for
exercising consciences
DoddFrank forbids discharge, demotion,
and other forms of retribution against
securities law whistle-blowers
2-31