Foreword
Preface
Unifying Diverse Issues
Building a Model of the Business Environment
Acknowledgments
Introduction
A Unifying Case Study: S and R Electronics (A)
Part I: Markets, Organizations, and Individuals
Part II: Ethics, Economics, and Law: An Institutional Approach to Decision Making
Part III: Applying the Framework: Cases and Articles
S and R Electronics (A): Case Study for Parts I and II
Using the S and R Case
PART I: MARKETS, ORGANIZATIONS, AND INDIVIDUALS
1. Market Institutions, Organizational Practices, and Individual Decision Making
Institutions, Douglass North
Managing for Organizational Integrity, Lynn Sharp Paine
Ethical Leadership and the Psychology of Decision Making, David M. Messick and Max H. Bazerman
PART II: ETHICS, ECONOMICS, AND LAW: AN INSTITUTIONAL APPROACH TO DECISION MAKING
2. Ethical Decision Making: Psychological Foundations
Ethics in Personal and Business Settings
Ethical Conflicts and Their Context
Understanding Institutions: Kohlberg's Rights-Based Theory of Moral Development
Understanding Institutions: Gilligan's Care-Based Theory of Moral Development
Three Conditions of a Successful Decision-Making Strategy
Moral Imagination and Expanding the Domain of Post-Conventional Reasoning
Ethical Decision Making: Opportunities and Constraints in Organizations
Organizing Decision Making
Summary and Transition to Chapter 3
3. Ethical Decision Making: Exploring Alternative Values
Ethical Rules and Principles: The Need for Interpretation
Self-Interest and Decision Making: Epicurus and Ayn Rand
Caring and Decision Making: Mary Midgley, Nel Noddings, and Marilyn Friedman
Group Well-Being and Decision Making, David Hume and John Stuart Mill
Intrinsic Value and Decision Making, Immanuel Kant, Robert Nozick, and John Rawls
Ethical Pluralism and Decision Making, Adam Smith and Aristotle
Summary and Transition to Chapter 4
4. Economics and Ethical Decision Making
From Ethics to Economics: Markets as Ethical Engines
Economic Institutions
Institutions and Market Conditions: Property, Risk-Reward Relationships, Information, and Competition
Individuals in Organizations: Goals or Contracts?
Making Decisions within Economic Institutions
Summary and Transition to Chapter 5
Appendix: Pareto Efficiency
5. Law and Ethical Decision Making
Integrating Ethical, Economic, and Legal Principles
The Reinforcement View of Law: Institutions and Social Stability
The Content of Law: Reinforcing Ethical Values and Economic Relationships
The Challenge of Public Choice Theory
A Closer Look at Government Regulation: Three Views
Environmental Regulatory Law: Command and Control, Market Based, and Reflexive
S and R Electronics (B): Integrating Individuals, Organizations, and Markets
Summary of Chapter 5 and Transition to Part III
PART III: APPLYING THE FRAMEWORK: CASES AND ARTICLES
Introduction
Using the Framework Developed in Part II to Understand and Evaluate Cases and Articles
6. Property
Introduction
The Control and Use of Corporate Property
Property and the Environment
International: The Control and Use of Corporate Property
International: Property and the Environment
Case: Agrico, Inc.--A Software Dilemma. H. Jeff Smith
The Social Responsibility of Business Is to Increase Its Profits, Milton Friedman
Deriving Ethical Principles from Theories of the Firm, Philip L. Cochran
A Stakeholder Theory of the Modern Corporation, R. Edward Freeman
Getting Real: Stakeholder Theory, Managerial Practice, and the General Irrelevance of Fiduciary Duties Owed to Shareholders, Richard C. Marens and Andrew D. Wicks
Case: Diablo Canyon: Nuclear Energy and the Public Welfare A.R. Gini
People or Penguins: The Case for Optimal Pollution, William F. Baxter
Morality, Money, and Motor Cars, Norman Bowie
Case: Plasma International T.W. Zimmerer and P.L. Preston
Ethical Dilemmas for the Multinational Enterprise: A Philosophical Overview, Richard T. DeGeorge
The Moral Responsibility of Multinational Corporations to Be Socially Responsible, Patricia H. Werhane
International Business Ethics: The Aluminum Companies in Jamaica, Manuel Velasquez
Case: U.S. and Mexico Confront a Toxic Legacy Colum Lynch
The Ethics of Development and the Dilemmas of Global Environmentalism, David P. Hanson
7. Risk-Reward Relationships
Introduction
Employment
International
Case: Kate Simpson Cara F. Jonassen
Employment at Will and Due Process, Patricia H. Werhane and Tara J. Radin
Case: Johnson Controls and Protective Exclusion from the Workplace Anne T. Lawrence
The Right to Risk Information and the Right to Refuse Workplace Hazards, Ruth R. Faden and Tom L. Beauchamp
Case: Merck & Co., Inc. The Business Enterprise Trust
The Moral Authority of Transnational Corporate Codes, William C. Frederick
Case: Wait International and Questionable Payments Charles R. Kennedy, Jr.
The Foreign Corrupt Practices Act Amendments of 1988: "Death" of a Law, Bartley A. Brennan
8. Information
Introduction
Advertising and Marketing
Whistleblowing
International
Case: Natural Cereals Norman E. Bowie and Patrick E. Murphy
Advertising and Behavior Control, Robert L. Arrington
Persuasive Advertising, Autonomy, and the Creation of Desire, Roger Crisp
Case: The Case of the Willful Whistle-Blower Sally Seymour
Whistleblowing and Employee Loyalty, Ronald Duska
Case: The Transfer of Dangerous Industries to Underdeveloped Countries Richard T. DeGeorge
Chemical Exports and the Age of Consent: The High Cost of International Export Control Proposals, Michael P. Walls
9. Competition
Introduction
Ethics and Competition
International
Case: Seizure of the S.W. Parcel Tom L. Beauchamp
Some Ethical Consequences of Economic Competition, James H. Michelman
Case: Tee-Shirts and Tears: Third World Suppliers to First World Markets Laura B. Pincus
Case: Two Roads to China: Nice, and Not So Nice David E. Sanger
The Moral Obligations of Multinational Corporations, Norman Bowie