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Ethical Theory and Business

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ISBN-10: 0013398520

ISBN-13: 9780013398523

Edition: 5th

Authors: Thomas L. Beauchamp, Norman E. Bowie

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Description:

This book presents a comprehensive anthology of readings, legal perspectives, and cases in ethics in business. Contrasting business ethics approaches, Regulation of business, Performance Monitoring. Genetic testing and screening. Third world issues. Federal sentencing guidelines. Ideal for business professionals interested in reviewing ethical issues in business.
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Book details

Edition: 5th
Publisher: Prentice Hall PTR
Binding: Hardcover
Language: English

A philosopher and writer in the field of biomedical ethics, Thomas Beauchamp was born in Austin, Texas. He was educated at Southern Methodist University, where he received his B.A. and M.A. degrees; at Yale University; and at Johns Hopkins, where he earned a Ph.D. in 1970. That same year Beauchamp joined the philosophy department at Georgetown University, becoming professor of philosophy in 1979. He also served as senior research scholar with the Center for Bioethics at Georgetown's Kennedy Institute. Beauchamp is an influential leader and teacher in the emerging field of biomedical ethics, which deals with the interrelationship of ethics and the complex technology of modern medicine. His…    

Preface
Ethical Theory Business Practicep. 1
Fundamental Concepts and Problems
Morality and Ethical Theoryp. 1
Morality and Prudencep. 2
Morality and Lawp. 4
The Rule of Consciencep. 6
Approaches to the Study of Moralityp. 6
Justification in Ethicsp. 8
Relativism and Objectivity of Beliefp. 8
Moral Disagreementsp. 12
The Problem of Egoismp. 14
Normative Ethical Theory
The Role of Professional Standardsp. 20
Utilitarian Theoriesp. 21
Kantian Ethicsp. 28
Contemporary Challenges to the Dominant Theoriesp. 33
Common Morality Theoriesp. 34
Rights Theoriesp. 35
Virtue Ethicsp. 38
Feminist Theories and the Ethics of Carep. 39
A Prologue to Theories of Justicep. 42
The Analysis of Cases
The Case Method in Lawp. 43
The Case Method in Businessp. 44
Using Ethical Theory for Case Analysisp. 45
Corporate Responsibilityp. 49
Three Views on the Purpose of a Corporationp. 49
Stakeholder Theoryp. 54
Theories of Corporate Responsibility
The Social Responsibility of Business Is to Increase Its Profitsp. 55
The Responsibilities of Corporations and Their Ownersp. 60
The Moral Mission of Businessp. 65
Stakeholder Analysis
A Stakeholder Theory of the Modern Corporation: Kantian Capitalismp. 75
Business Ethics and Stakeholder Analysisp. 85
Legal Perspectives
Michigan Supreme Court, Dodge v. Ford Motor Company (1919)p. 94
Supreme Court of New Jersey, A. P. Smith Manufacturing Co. v Barlow (1953)p. 96
The Regulation of Businessp. 104
Self Regulationp. 104
Government Regulationp. 112
Self-Regulation
Business Codes and Economic Efficiencyp. 118
The Limits of Business Self-Regulationp. 121
Ethical Responsibilities of Engineers in Large Organizations: The Pinto Casep. 130
Roger Boisjoly and the Challenger Disaster: The Ethical Dimensionsp. 137
Government Regulation
Regulation and Paternalismp. 151
Criteria for Government Regulationsp. 158
Why The Law Can't Do Itp. 162
Legal Perspectives
Licensee Responsibility to Review Records Before Their Broadcastp. 167
Supreme Court of the United States, American Textile Manufacturers Institute, Inc. v. Raymond J. Donovan, Secretary of Laborp. 169
Acceptable Riskp. 179
Nature and Types of Riskp. 179
Product Safety and Risk to Consumersp. 181
Protecting Investors against Financial Riskp. 183
Worker Safety, Occupational Risk, and the Right to Knowp. 185
Risk to Health and the Environmentp. 187
Consumer Risk
The Ethics of Consumer Productionp. 189
Strict Products Liability and Compensatory Justicep. 198
Occupational Risk
The Right to Risk Information and the Right to Refuse Workplace Hazardsp. 203
Risk to the Environment
Business Ethics and the International Trade in Hazardous Wastesp. 210
Business and Environmental Ethicsp. 217
Investment Risk
The Individual Investor in Securities Markets: An Ethical Analysisp. 223
Management Buyouts and Managerial Ethicsp. 230
Legal Perspectives
Supreme Court of New Jersey, Henningsen v. Bloomfield Motors, Inc. and Chrysler Corporationp. 236
Supreme Court of the United States, Automobile Workers v. Johnson Controls, Incp. 241
Supreme Court of New Jersey, State, Dept. of Environ. Protect. v. Ventron Corporationp. 244
Rights and Obligations of Employers and Employeesp. 253
Status and Scope of Employee Rightsp. 253
Drug Testing and the Right to Privacyp. 255
Whistleblowing and the Duty of Loyaltyp. 257
Trade Secrets and the Duty of Confidentialityp. 259
Rights and Obligations in Hiring and Firing
Employment at Will and the Question of Employee Rightsp. 262
Baseline Questions in Legal Reasoning: The Example of Property in Jobsp. 270
Drug Testing
Drug Testing in the Workplace: The Challenge to Employment Relations and Employment Lawp. 277
Drug Testing in Employmentp. 294
Whistleblowing
Whistleblowing and Professional Responsibilityp. 305
Whistleblowing and Employee Loyaltyp. 312
The Employee Health and Safety Whistleblower Protection Act and the Conscientious Employee: The Potential for Federal Statutory Enforcement of the Public Policy Exception to Employment at Willp. 317
Trade Secrets and the Duty of Confidentiality
Trade Secrets: What Price Loyaltyp. 323
Trade Secrets, Patents, and Moralityp. 332
Legal Perspectives
Supreme Court of New Jersey, Warthen v. Toms River Community Memorial Hospitalp. 338
Supreme Court of New Jersey, Potter v. Village Bank of New Jerseyp. 342
Superior Court of Alaska, Luedtke v. Nabors Alaska Drilling, Inc.p. 346
Superior Court of California, Futurecraft Corp. v. Clary Corp.p. 355
Hiring, Firing, and Discriminatingp. 364
The Basis of Preferential Policiesp. 364
The Problem of Reverse Discriminationp. 367
Comparable Worthp. 369
The Problem of Sexual Harassmentp. 371
Affirmative Action and Reverse Discrimination
A Defense of Affirmative Actionp. 374
Equal Opportunity, Not Equal Resultsp. 378
Goals and Quotas in Hiring and Promotionp. 382
Pay Equity and Comparable Worth
Pay Equity: Equal Value to Whom?p. 391
Comparable Worth and Wage Discriminationp. 397
Comparable Pay for Comparable Work?p. 400
Sexual Harassment
Dealing with Sexual Harassment in the Work Placep. 412
Is Sexual Harassment Coercive?p. 415
Legal Perspectives
Supreme Court of the United States, Local 28 of the Sheet Metal Workers' International Association v. Equal Employment Opportunity Commissionp. 420
Supreme Court of the United States, City of Richmond v. J. A. Croson Companyp. 426
Supreme Court of the United States, Meritor Savings Bank, FSB v. Vinson Et alp. 431
Gathering, Concealing, and Gilding Informationp. 442
Free Choice or Unfair Influence?p. 443
Deception, Bluffing, and Strategic Disclosurep. 445
Disclosing and Concealing Information in Salesp. 447
Information Gatheringp. 448
Disclosing and Bluffing
Is Business Bluffing Ethical?p. 449
Bluffing in Labor Negotiations: Legal and Ethical Issuesp. 455
Does It Pay to Bluff in Business?p. 460
Suppressing Facts in Sales
A Moral Evaluation of Sales Practicesp. 462
Paternalism in the Marketplace: Should a Salesman Be His Buyer's Keeper?p. 472
Truth and Deception in Advertising
Manipulative Advertisingp. 475
Advertising and the Social Conditions of Autonomyp. 484
Competitor Intelligence Gathering
Corporate Policy and the Ethics of Competitor Intelligence Gatheringp. 489
Legal Perspectives
United States Court of Appeals, Irving A. Backman v. Polaroid Corporationp. 497
Supreme Court of the United States, Federal Trade Commission v. Colgate-Palmolive Co. et alp. 500
Ethical Issues in International Businessp. 511
Are There International Norms of Business Practice?p. 511
Exporting Hazardous Substancesp. 514
The Regulation of International Businessp. 516
International Norms
The Moral Obligations of Multinational Corporationsp. 519
Fundamental Rights and Multinational Dutiesp. 532
Exporting Hazardous Material
Chemical Exports and the Age of Consent: The High Cost of International Export Control Proposalsp. 542
Regulating the International Trade in Hazardous Pesticides: Closing the Accountability Gapp. 547
The Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act Amendments of 1988: "Death" of a Lawp. 557
Transnational Corporate Codes
The Moral Authority of Transnational Corporate Codesp. 564
Legal Perspectives
Supreme Court of Texas, Dow Chemical Company and Shell Oil Company v. Domingo Castro Alfaro et. al., No. C-7743p. 576
OECD, The Guidelines for Multinational Enterprisesp. 582
Social and Economic Justicep. 595
Theories of Distributive Justicep. 595
The Egalitarian Theoryp. 597
Libertarian Theoryp. 599
Communitarian Theoryp. 600
Visions of Justice Beyond the Free Marketp. 601
Conclusionp. 604
Theories of Social Justice
An Egalitarian Theory of Justicep. 604
The Entitlement Theoryp. 612
Rich and Poorp. 616
Spheres of Justicep. 622
International Economic Justice
The Ethics of Conditionality in International Debtp. 630
Justice Under Conditions of Industrial Migration
On Alternatives to Industrial Flight: The Moral Issuesp. 638
Legal Perspectives
Supreme Court of the United States, William M. Ferguson, Attorney General for the State of Kansas v. Frank C. Skrupa . . . Credit Advisorsp. 645
Table of Contents provided by Blackwell. All Rights Reserved.