Skip to ContentGo to accessibility pageKeyboard shortcuts menu
OpenStax Logo
Business Ethics

Endnotes

Business EthicsEndnotes
Table of contents
  1. Preface
  2. 1 Why Ethics Matter
    1. Introduction
    2. 1.1 Being a Professional of Integrity
    3. 1.2 Ethics and Profitability
    4. 1.3 Multiple versus Single Ethical Standards
    5. Key Terms
    6. Summary
    7. Assessment Questions
    8. Endnotes
  3. 2 Ethics from Antiquity to the Present
    1. Introduction
    2. 2.1 The Concept of Ethical Business in Ancient Athens
    3. 2.2 Ethical Advice for Nobles and Civil Servants in Ancient China
    4. 2.3 Comparing the Virtue Ethics of East and West
    5. 2.4 Utilitarianism: The Greatest Good for the Greatest Number
    6. 2.5 Deontology: Ethics as Duty
    7. 2.6 A Theory of Justice
    8. Key Terms
    9. Summary
    10. Assessment Questions
    11. Endnotes
  4. 3 Defining and Prioritizing Stakeholders
    1. Introduction
    2. 3.1 Adopting a Stakeholder Orientation
    3. 3.2 Weighing Stakeholder Claims
    4. 3.3 Ethical Decision-Making and Prioritizing Stakeholders
    5. 3.4 Corporate Social Responsibility (CSR)
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  5. 4 Three Special Stakeholders: Society, the Environment, and Government
    1. Introduction
    2. 4.1 Corporate Law and Corporate Responsibility
    3. 4.2 Sustainability: Business and the Environment
    4. 4.3 Government and the Private Sector
    5. Key Terms
    6. Summary
    7. Assessment Questions
    8. Endnotes
  6. 5 The Impact of Culture and Time on Business Ethics
    1. Introduction
    2. 5.1 The Relationship between Business Ethics and Culture
    3. 5.2 Business Ethics over Time
    4. 5.3 The Influence of Geography and Religion
    5. 5.4 Are the Values Central to Business Ethics Universal?
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  7. 6 What Employers Owe Employees
    1. Introduction
    2. 6.1 The Workplace Environment and Working Conditions
    3. 6.2 What Constitutes a Fair Wage?
    4. 6.3 An Organized Workforce
    5. 6.4 Privacy in the Workplace
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  8. 7 What Employees Owe Employers
    1. Introduction
    2. 7.1 Loyalty to the Company
    3. 7.2 Loyalty to the Brand and to Customers
    4. 7.3 Contributing to a Positive Work Atmosphere
    5. 7.4 Financial Integrity
    6. 7.5 Criticism of the Company and Whistleblowing
    7. Key Terms
    8. Summary
    9. Assessment Questions
    10. Endnotes
  9. 8 Recognizing and Respecting the Rights of All
    1. Introduction
    2. 8.1 Diversity and Inclusion in the Workforce
    3. 8.2 Accommodating Different Abilities and Faiths
    4. 8.3 Sexual Identification and Orientation
    5. 8.4 Income Inequalities
    6. 8.5 Animal Rights and the Implications for Business
    7. Key Terms
    8. Summary
    9. Assessment Questions
    10. Endnotes
  10. 9 Professions under the Microscope
    1. Introduction
    2. 9.1 Entrepreneurship and Start-Up Culture
    3. 9.2 The Influence of Advertising
    4. 9.3 The Insurance Industry
    5. 9.4 Ethical Issues in the Provision of Health Care
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  11. 10 Changing Work Environments and Future Trends
    1. Introduction
    2. 10.1 More Telecommuting or Less?
    3. 10.2 Workplace Campuses
    4. 10.3 Alternatives to Traditional Patterns of Work
    5. 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  12. 11 Epilogue: Why Ethics Still Matter
    1. Introduction
    2. 11.1 Business Ethics in an Evolving Environment
    3. 11.2 Committing to an Ethical View
    4. 11.3 Becoming an Ethical Professional
    5. 11.4 Making a Difference in the Business World
    6. Endnotes
  13. A | The Lives of Ethical Philosophers
  14. B | Profiles in Business Ethics: Contemporary Thought Leaders
  15. C | A Succinct Theory of Business Ethics
  16. Answer Key
    1. Chapter 1
    2. Chapter 2
    3. Chapter 3
    4. Chapter 4
    5. Chapter 5
    6. Chapter 6
    7. Chapter 7
    8. Chapter 8
    9. Chapter 9
    10. Chapter 10
  17. Index
1. Janos Marton, “Today in NYC History: How the Dutch Actually Bought Manhattan (The Long Version),” Untapped Cities. https://untappedcities.com/2015/05/06/today-in-nyc-history-how-the-dutch-actually-bought-manhattan-the-long-version/ (accessed December 5, 2017).
2. Nathanial Benchley, “The 24$ Swindle,” American Heritage. http://www.americanheritage.com/content/24-swindle (accessed December 5, 2017).
3. Ojibwa, “The Governor Krieft War,” Native American Netroots. http://nativeamericannetroots.net/diary/968 (accessed December 7, 2017).
4. David Gelles and Claire Cain Miller, “Business Schools Now Teaching #MeToo, N.F.L. Protests and Trump,” New York Times, December 25, 2017. https://www.nytimes.com/2017/12/25/business/mba-business-school-ethics.html.
5. Jonathan Watts, “The Long Read Operation Car Wash: Is This the Biggest Corruption Scandal in History?” The Guardian, June 1, 2017. https://www.theguardian.com/world/2017/jun/01/brazil-operation-car-wash-is-this-the-biggest-corruption-scandal-in-history.
6. David Gautschi, “The Liberal Arts: What Business Needs Now” (speech, Orono, Maine, May 4, 2016), Phi Beta Kappa induction, University of Maine.
7. Ovidijus Jurevicius, “Mission Statement of IBM,” Strategic Management Insight. https://www.strategicmanagementinsight.com/mission-statements/ibm-mission-statement.html (accessed December 15, 2017).
8. IBM homepage. https://www.ibm.com/ibm/us/en/ (accessed December 15, 2017).
9. George W. Merck, “Medicine Is for the Patient, Not for the Profits” (speech, Richmond, Virginia, December 1, 1950), Medical College of Virginia at Richmond. https://www.merck.com/about/our-people/gw-merck-doc.pdf.
10. Michael Avari and Robert Brancatelli, “Integrating Virtue into the Jesuit Business School Curriculum,” Journal of Jesuit Business Education 5, no. 1 (2014): 71–87.
11. Nancy McLernon, “Protectionism Is a Negative-Sum Game,” Wall Street Journal, December 11, 2017.
12. Jennifer Bissell-Linsk, “Nike’s Focus on Robotics Threatens Asia’s Low-Cost Workforce,” Financial Times, October 22, 2017. https://www.ft.com/content/585866fc-a841-11e7-ab55-27219df83c97 (accessed December 26, 2017).
13. “Concept and Stages of World’s Economy Development,” JBEM. http://www.jbem.lt/concept-stages-worlds-economy-development/ (accessed January 1, 2018).
14. Ron Chernow, Titan: The Life of John D. Rockefeller, Sr. (New York: Random House, 1998), 534.
15. Alasdair MacIntyre, After Virtue, 3rd ed. (South Bend: University of Notre Dame Press, 2007), 86.
16. Alasdair MacIntyre, After Virtue, 3rd ed. (South Bend: University of Notre Dame Press, 2007), 74–75.
17. Aristotle, Nicomachean Ethics, translated by J.A.K. Thomson. (New York: Penguin Books, 2004), 1161b: “the slave is a living tool in the same way that a tool is an inanimate slave.”
18. Dodge v. Ford Motor Company, Illinois College of Law. https://law.illinois.edu/wp-content/uploads/2018/06/Aviram-July-27.pdf, pp. 10–14 (accessed January 9, 2018).
19. Shlensky v. Wrigley, 237 NE 2d 776 (Ill. App. 1968).
20. United Nations Global Compact, “Our Mission.” https://www.unglobalcompact.org/what-is-gc/mission (accessed February 9, 2018).
21. Global Leadership & Organizational Behavior Effectiveness (GLOBE), “GLOBE CEO Study 2014,” GLOBE. http://globeproject.com/study_2014 (accessed May 1, 2018).
22. Global Leadership & Organizational Behavior Effectiveness (GLOBE), “Overview,” GLOBE. http://globeproject.com/studies.
23. Fabrizio Gatti, Bilal: Viaggiare, Lavorare, Morire da Clandestini. (Milano: Bibliotecca Universale Rizzoli), 51–53.
24. Ron Chernow, Titan: The Life of John D. Rockefeller. (New York: Random House, 1998), 467.
25. “Religious Landscape Study,” Pew Research Center. http://www.pewforum.org/religious-landscape-study/ (accessed January 15, 2018).
26. João Miguel Barros, “15 Observations on the Phenomenon of Corruption: An Engaged Perspective from Macau,” Union Internationale des Avocats.
27. United Nations Office on Drugs and Crime, “Foreword” in “United Nations Convention against Corruption,” unodc.org. http://www.unodc.org/documents/treaties/UNCAC/Publications/Convention/08-50026_E.pdf (accessed January 15, 2018).
28. Stéphanie Thomson, “We Waste $2 Trillion a Year on Corruption. Here Are Four Better Ways to Spend That Money,” Weforum.org. https://www.weforum.org/agenda/2017/01/we-waste-2-trillion-a-year-on-corruption-here-are-four-better-ways-to-spend-that-money/ (accessed January 11, 2018).
29. Tom Fox, “White Collar Criminals and Their Flagrant Rationalizations,” fcpablog.com. http://www.fcpablog.com/blog/2017/9/29/tom-fox-white-collar-criminals-and-their-flagrant-rationaliz.html (accessed January 16, 2018).
30. Josh Bersin, “Spending on Corporate Training Soars: Employee Capabilities Now a Priority,” forbes.com. https://www.forbes.com/sites/joshbersin/2014/02/04/the-recovery-arrives-corporate-training-spend-skyrockets/#4b6b313c5a73 (accessed January 16, 2018).
31. L.V. Anderson, “Ethics Trainings Are Even Dumber Than You Think,” slate.com. http://www.slate.com/articles/business/the_ladder/2016/05/ethics_compliance_training_is_a_waste_of_time_here_s_why_you_have_to_do.html (accessed January 17, 2018).
32. Max H. Bazerman and Ann E. Tenbrunsel, “Ethical Breakdowns,” Harvard Business Review, April 2011. https://hbr.org/2011/04/ethical-breakdowns; Kristen Dooley, “The LIBOR Scandal,” Review of Banking and Financial Law, 32 no. 1 (2012): 2–12.
33. James McBride, “Understanding the LIBOR Scandal,” Council on Foreign Relations. https://www.cfr.org/backgrounder/understanding-libor-scandal (accessed January 17, 2018).
34. ABC News. “Barclays, UBS Among Six Top Banks Fined Nearly $US6bn for Rigging Foreign Exchange, Libor Rates.” http://www.abc.net.au/news/2015-05-21/us-britain-fine-top-banks-nearly-6-bn-for-forex-libor-abuses/6485510 (accessed March 17, 2018).
35. Institute for Business in Society, “Giving Voice to Values,” University of Virginia Darden School of Business. http://www.darden.virginia.edu/ibis/initiatives/giving-voice-to-values/ (accessed January 13, 2018).
36. Humanistic Management Center, “The Three Stepped Approach to Humanistic Management,” Humanistic Management Center. http://www.humanisticmanagement.org/cgi-bin/adframe/about_humanistic_management/the_three_stepped_approach_to_humanistic_management/index.html (accessed January 13, 2018).
37. Richard T. De George, “Business as a Humanity: A Contradiction in Terms?” in Business As a Humanity, eds. Thomas J. Donaldson, R. Edward Freeman, The Ruffin Series in Business Ethics, ed. R. Edward Freeman. (New York: Oxford University Press, 1994), 16.
38. Richard T. De George, “Business as a Humanity: A Contradiction in Terms?” in Business As a Humanity, eds. Thomas J. Donaldson, R. Edward Freeman, The Ruffin Series in Business Ethics, ed. R. Edward Freeman. (New York: Oxford University Press, 1994), 17.
39. John Mackey, “Rethinking the Social Responsibility of Business,” wholefoodsmarket.com, September 28, 2005. http://www.wholefoodsmarket.com/blog/john-mackeys-blog/rethinking-social-responsibility-of%C2%A0business (accessed March 17, 2018).
40. IBM homepage. https://www.ibm.com/ibm/us/en/ (accessed January 13, 2018).
PreviousNext
Order a print copy

As an Amazon Associate we earn from qualifying purchases.

Citation/Attribution

Want to cite, share, or modify this book? This book uses the Creative Commons Attribution License and you must attribute OpenStax.

Attribution information
  • If you are redistributing all or part of this book in a print format, then you must include on every physical page the following attribution:
    Access for free at https://openstax.org/books/business-ethics/pages/1-introduction
  • If you are redistributing all or part of this book in a digital format, then you must include on every digital page view the following attribution:
    Access for free at https://openstax.org/books/business-ethics/pages/1-introduction
Citation information

© Mar 31, 2023 OpenStax. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution License . The OpenStax name, OpenStax logo, OpenStax book covers, OpenStax CNX name, and OpenStax CNX logo are not subject to the Creative Commons license and may not be reproduced without the prior and express written consent of Rice University.