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Business, Institutions, and Ethics : A Text with Cases and Readings - John W. Dienhart

Business, Institutions, and Ethics

A Text with Cases and Readings

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Business, Institutions, and Ethics: A Text with Cases and Readings is the first text to use the analysis of social institutions to examine business ethics. It explains fundamental concepts in ethics and how to apply them to business and economics. The author shows how social institutions are constituted by an integrated set of ethical, economic, and legal principles, and then uses these principles to study the ethics of commerce at the individual, organizational, and market levels. This unique work features thirty-four cases and articles that are organized into economic categories, providing a conceptual unity and flexibility not found in similar texts.
The first half of the text focuses on theory, beginning with a case study that illustrates and unifies the theoretical discussions that follow. It examines market institutions, organizational structure, and individual decision making; interprets moral development as a process within institutional settings; and explains egoism, care, utilitarianism, right, and pluralistic ethical theories. It also discusses how economic analyses of markets and firms incorporate ethical principles, and argues that law reinforces ethical and economic aspects of social institutions important to the continued existence and well-being of society. The second half of the text consists of cases and articles organized by the economic categories of property, risk-reward relationships, information, and competition. Topics covered include corporate control, workplace dangers, marketing, and manufacturing relocation. Applicable in both business schools and philosophy departments, Business, Institutions, and Ethics shows how ethical principles can help us gather, sort, and interpret information necessary for making sound business decisions. Ideal for courses in business ethics and business and society, it is also a valuable reference for business professionals and philosophers.

Industry Reviews

"Good balance between theory and cases. Theoretical material is well chosen. Solid text."--Keith A. Maxwell, University of Puget Sound "The social orientation of this anthology serves as an effective organizational principle for a series of very impressive essays."--Dan O'Bryan, Sierra Nevada College "Integrates law, ethics, and economics in a multi-disciplinary way that applies to diverse programs of study. The cases and articles provide timely, relevant illustration and application [of ideas]. The exploration of alternative values is particularly significant."--Patrick Gray, Barry University "Excellent marriage of readings and ethics. A basic text for introduction to ethics in the real world."--Walter S. Smock, Wilmington College "A mature yet accessible undergraduate text. It is clearly written and its range of topics is sufficiently broad and substantive. The references at the end of each chapter are extremely helpful."--S.N. Fratantari, Providence College "Excellent text for a graduate course in business ethics."--David L. Danneker, Elizabethtown College "This text seems like exactly the 'whack on the side of the head' to get me thinking about the subject in a refreshingly different way."--Kevin Gibson, Marquette University

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 Douglass North: Institutions Lynn Sharp Paine: Managing for Organizational Integrity David M. Messick and Max H. Bazerman: Ethical Leadership and the Psychology of Decision Making 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 David Hume and John Stuart Mill: Group Well-Being and Decision Making Immanuel Kant, Robert Nozick, and John Rawls: Intrinsic Value and Decision Making Adam Smith and Aristotle: Ethical Pluralism and Decision Making 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: Milton Friedman: The Social Responsibility of Business Is to Increase Its Profits Philip L. Cochran: Deriving Ethical Principles from Theories of the Firm R. Edward Freeman: A Stakeholder Theory of the Modern Corporation Richard C. Marens and Andrew D. Wicks: Getting Real: Stakeholder Theory, Managerial Practice, and the General Irrelevance of Fiduciary Duties Owed to Shareholders Case: Diablo Canyon: Nuclear Energy and the Public WelfareA.R. Gini: William F. Baxter: People or Penguins: The Case for Optimal Pollution Norman Bowie: Morality, Money, and Motor Cars Case: Plasma InternationalT.W. Zimmerer and P.L. Preston: Richard T. DeGeorge: Ethical Dilemmas for the Multinational Enterprise: A Philosophical Overview Patricia H. Werhane: The Moral Responsibility of Multinational Corporations to Be Socially Responsible Manuel Velasquez: International Business Ethics: The Aluminum Companies in Jamaica Case: U.S. and Mexico Confront a Toxic LegacyColum Lynch: David P. Hanson: The Ethics of Development and the Dilemmas of Global Environmentalism 7. Risk-Reward Relationships Introduction Employment International Case: Kate SimpsonCara F. Jonassen: Patricia H. Werhane and Tara J. Radin: Employment at Will and Due Process Case: Johnson Controls and Protective Exclusion from the WorkplaceAnne T. Lawrence: Ruth R. Faden and Tom L. Beauchamp: The Right to Risk Information and the Right to Refuse Workplace Hazards Case: Merck & Co., Inc.The Business Enterprise Trust: William C. Frederick: The Moral Authority of Transnational Corporate Codes Case: Wait International and Questionable PaymentsCharles R. Kennedy, Jr.: Bartley A. Brennan: The Foreign Corrupt Practices Act Amendments of 1988: "Death" of a Law 8. Information Introduction Advertising and Marketing Whistleblowing International Case: Natural CerealsNorman E. Bowie and Patrick E. Murphy: Robert L. Arrington: Advertising and Behavior Control Roger Crisp: Persuasive Advertising, Autonomy, and the Creation of Desire Case: The Case of the Willful Whistle-BlowerSally Seymour: Ronald Duska: Whistleblowing and Employee Loyalty Case: The Transfer of Dangerous Industries to Underdeveloped CountriesRichard T. DeGeorge: Michael P. Walls: Chemical Exports and the Age of Consent: The High Cost of International Export Control Proposals 9. Competition Introduction Ethics and Competition International Case: Seizure of the S.W. ParcelTom L. Beauchamp: James H. Michelman: Some Ethical Consequences of Economic Competition Case: Tee-Shirts and Tears: Third World Suppliers to First World MarketsLaura B. Pincus: Case: Two Roads to China: Nice, and Not So NiceDavid E. Sanger: Norman Bowie: The Moral Obligations of Multinational Corporations

ISBN: 9780195080803
ISBN-10: 0195080807
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 512
Published: 1st January 2000
Country of Publication: US
Dimensions (cm): 23.4 x 16.4  x 2.3
Weight (kg): 0.72