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ETHICAL DIMENSIONS OF MANAGEMENT Winter, 2006 |
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Lawrence.Ulrich@notes.udayton.edu |
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There will be a total of 492 pages of readings for the 16 week course.
Week 1 (January 4): Ethical Theory and Systems. [42 pages of
reading]
Introduction to the
unit (Streaming Video --- 2 minutes).
MM. Pages 194-201 ["Ethical Theory"].
MM. Pages 209-239 ["Nichomachean
Ethics: Book II," "Fundamental Principles of the Metaphysics of Morals,"
"What Utilitarianism Is."].
Kant on Lying [Slides].
Ulrich, LP. "Ethical Systems in Business Ethics."
Week
2 (January 9): Ethical Theory and Systems. [42 pages of
reading]
Introduction to the
unit (Streaming Video --- 2 minutes).
MM. Pages 194-201 ["Ethical Theory"].
MM. Pages 209-239 ["Nichomachean
Ethics: Book II," "Fundamental Principles of the Metaphysics of Morals,"
"What Utilitarianism Is."].
Kant on Lying [Slides].
Ulrich, LP. "Ethical Systems in Business Ethics."
Week
3 (January 16): Ethical Principles. [32 pages of reading]
Introduction to the
unit (Streaming Video --- 2 minutes).
Ulrich, LP. "Ethical Principles in Business
Ethics."
WUC
(2nd edition).
Pages xix-xxxv ["The Discipline of Ethics"].
MM. Pages 49-60 ["The Nature of Business"] .
Week 4 (January 23): The Possibility of Doing Business Ethically.
[46
pages of reading]
MM. Pages 2-48 ["Introduction: Markets and Business," "How the West
Grew Rich," "The Market," "The Ethical Limitations of the Market."]
Week
5 (January 30): Building Character Through Commerce: Character, Virtues and Classifications;
Insider Trading. [33
pages of new reading]
Introduction to
the unit (Streaming Video --- 2 minutes).
MM. Pages 242-247 ["Commerce and Character"].
"NASDAQ
Credo" from The Wall Street Journal, 2/21/02. [Slides]
MM. Pages 209-221 ["Nichomachean
Ethics: Book II" (Review this reading. It is the same Reading as Week 1)].
MM. Pages 254-267 ["An Aristotelian
Approach to Business Ethics," "Bourgeois Virtue."].
Virtues of Managers. [Slide]
Hume's catalogue of Virtues. [Slide]
Virtues (Robert Solomon). [Slide]
ERESERVE.
[Werhane, PH. "The Ethics of Insider Trading." (5 pages)].
ERESERVE.
[Lippke, RL. "Justice and Insider Trading." (10 pages)].
"Standards for Determining Insider Trading" from The Wall Street Journal, 12/31/02.
"Martha Stewart Insider Trading" from The Wall Street Journal, 6/14/02.
"Martha Stewart's Possible Indictment" from The Wall Street Journal, 6/4/03.
"Martha Stewart, Broker Indicted" from The Wall street Journal, 6/5/03.
"Mayham over Martha" Editorial from The Wall Street Journal, 6/5/03.
The United States of America v. Martha Stewart and Peter Bacanovic: Legal Indictment.
"Martha Stewart's Conviction" from The Wall Street Journal. 3/8/04.
LEGAL DEFINITION OF INSIDER TRADING: Trading in possession of material, nonpublic information obtained in breach of a duty.
The United States of America v. Samuel Waksal. Legal Indictment on Insider Trading.
The United States of America v. Samuel Waksal. Legal Indictment on Tax Evasion.
"Sam Waksal Sentencing" from The Wall Street Journal, 6/11/03.
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Two (2) Short Essays 1: Due Date --- Monday, February 6 |
Week 6 (February 6): Building Character Through Commerce: Character,
Virtues and Classifications,
Insider Trading. [30
pages of reading]
MM. Pages 268-281 ["Selfishness,"
"Atlas Shrugged," "Business and the Economic Nexis."].
MM. Pages 282-290 ["Prudence,"
"Of Prudence," "Prudence."].
MM. Pages 303-304 ["Manners"].
MM. Pages 311-318 ["Why Do
it? Because That's What We Do: Manners in the Ruins of Community"].
Week
7 (February 13): Honesty, in Commerce: Truth-telling,
Advertising, and Whistleblowing. [39 pages of reading]
MM. Pages 320-322 ["Honesty
and Integrity in Business: Honesty"].
"Integrity:
A Statement of PriceWaterHouseCoopers" from The Wall Street Journal,
1/16/03. [1page]
MM. Pages 326-335 ["Truthfulness,
Deceit, and Trust," "Is Business Bluffing Ethical?"]
Trust [Slides]
"Tyco's Accounting Practices" from The Wall Street Journal, 12/31/02. (3 pages).
"Tyco's Conviction" from The Wall Street Journal, 6/17/05.
"Tyco's Chiefs Sentenced" from The Wall Street Journal, 9/20/05.
American Institute of Certified Public Accountants (AICPA). (Reference)
"Executives' Conflict of interest at Sprint" from The Wall Street Journal, 2/10/03.
"Accounting Conflict of Interest" from The Wall Street Journal, 2/7/03.
"Sprint Tax Breaks" from The Wall Street Journal, 2/13/03.
"Ethics and Anderson" from The Wall Street Journal, 3/20/03.
"U.S. Supreme Court Overturns Anderson Verdict" from The Wall Street Journal, 6/1/05.
"Bernard Ebbers and Accounting Fraud from The Wall Street Journal, 6/6/03.
"Staff Accounting Fraud at WorldCom" from The Wall Street Journal, 6/23/03.
"SEC Settlement for WorldCom is Approved" ($750 Million) from The Wall Street Journal, 7/8/03.
SEC v. WorldCom. $750 million Settlement Decision, 7/7/03.
"Bernard Ebbers and Uneasy Partnership" The Wall Street Journal, 1/12/05.
"Bernard Ebbers Conviction" from The Wall Street Journal, 031505.
"AIG Insurance Risk" from The Wall Street Journal, 03/15/05.
"AIG Greenberg's Retirement" from The Wall Street Journal, 03/15/05.
"AIG SubpoenasSEC" from The Wall Street Journal, 03/28/05.
"AIG Admits Improper Accounting" from The Wall Street Journal, 03/31/05.
"AIG Chief's Last Tumultuous Days" from The Wall Street Journal, 04/01/05.
"AIG Outside Audit" from The Wall Street Journal, 04/01/05.
"AIG Alliance Casuality" from The Wall Street Journal, 05/20/05.
MM. Pages 336-364 ["Sales and
Advertising," "Character and Caliber in Salesmanship," "A Moral Evaluation
of Sales Practices,"
"Advertising,"
"Advertising and Behavior Control."].
"Nexium and Prilosec" from The Wall Street Journal, 6/6/02.
"AstraZeneca vs. Generics" from The Wall Street Journal, 8/1/03.
Week 8 (February 20): Individual Responsibility: Integrity and Loyalty --- a Case of Whistleblowing. [32 pages of reading]
Introduction to the unit (Streaming Video --- 2 minutes).
MM. Pages 365-367 ["Integrity, Loyalty,
and Whistleblowing"].
ERESERVE:
Olick, Robert. "Integrity." 6 pages.
MM. Pages 388-390 ["Responsibility,
Action and the Conduct of Business: Individuality"].
MM. Pages 368-377 ["Integrity,"
"Loyalty," "Whistleblowing."].
MM. Pages 379-386 ["Whistleblowing:
Professionalism, Personal Life, and Shared Responsibility"].
ERESERVE.["The Aircraft Brake Scandal"].
"Whistleblowing and HealthSouth Fraud" from The Wall Street Journal, 5/20/03.
"HealthSouth: More Allegations" from The Wall Street Journal, 7/25/03.
"HealthSouth Legal Defense" from The Wall Street Journal, 02/02/05.
"HealthSouthScrushyAcquited" from The Wall Street Journal, 06/29/05.
"HealthSouth Key Events in Scrushy Case" from The Wall Street Journal, 08/26/05.
"HealthSouth CFO Sentence" from The Wall Street Journal, 08/26/05.
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Collaborative Writing Project 1: Due Date --- Monday, February 27 |
Week 9 (February 27): Corporate Responsibility: The Contributions of the Stakeholder Theory. [13 pages of reading]
Introduction to the Unit (Streaming Video --- 2 minutes).
MM. Pages 402-404 ["Corporate
Responsibility"]
"How Enron Bosses Created a Culture of Pushing Limits" from The Wall Street Journal, 8/26/02. (3 pages).
Report of Special Investigative Committee of Board of Directors of Enron, 02/01/2002.
"Suing Enron" from The Wall Street Journal, 10/02/03.
"California Sues Enron" from The Wall Street Journal, 6/2/04.
"Enron Tapes" from The Wall Street Journal, 6/2/04
"Lay is Indicted" from The Wall Street Journal, 7/8/04.
US v. Lay , Full Text of Indictment, 7/7/04.
"Lay's Indictment Excerpts" from The Wall Street Journal, 7/8/04.
SEC Amended Complaint against Kenneth Lay, et.al. , 7/8/04.
"Lay's Response to Indictment" from The Wall Street Journal, 7/8/04.
"Kenneth Lay's Biography" from The Wall Street Journal, 7/9/04.
"Enron's Code of Ethics," 2000.
"Enron's Legal Defense" from The Wall Street Journal, 01/20/06.
"Fall of Enron" from The Houston Chronicle Special Report. Look under category "Business." 2006.
"Skilling's Testimony I" from The Wall Street Journal, 04/11/06.
"Skilling's Testimony II" from The Wall Street Journal, 04/11/06.
"Enron's Lay's Shaky Performance" from The Wall Street Journal, 05/01/06.
"Enron's Lay Defends Practices" from The Wall Street Journal, 05/03/06.
"Enron Closing Arguments" from The Wall Street Journal, 05/16/06.
"Enron's Defense Attacks "Fictional" Case' from The Wall Street Journal, 05/17/06.
"Enron Waiting for Verdict" from The Wall Street Journal, 05/20/06.
"Enron's Legacy" from The Wall Street Journal, 05/20/06.
"Enron's Lay, Skilling Conviction from The Wall Street Journal, 05/26/06.
"Enron's Conviction Opinion WSJ from The Wall Street Journal, 05/26/06.
"Tobacco and Health Checks: Louisiana Jury Decision" from The Wall Street Journal, 7/28/03.
"Shuttle Probe Faults NASA's Culture" from The Wall Street Journal, 8/27/03.
Text [248 pages] of Shuttle Probe Report. 8/26/03.
"NASA's Administrative Reaction to Shuttle Probe" from The Wall Street Journal, 8/27/03.
"NASA Chief Will Change Corporate Culture" from The Wall Street Journal, 8/28/03.
"Vioxx Verdict" from The Wall Street Journal, 08/22/05.
"Vioxx Verdict Backlash" from The Wall Street Journal, 08/22/05.
"Vioxx Timeline" from The Wall Street Journal, 08/22/05.
"Vioxx Verdict: Merck Response" from The Wall Street Journal, 08/22/05.
"Vioxx Litigation" from The Wall Street Journal, 08/25/05.
"Vioxx Verdict Casts Doubt on Merck" from The Wall Street Journal, 08/24/05.
"Merk Acquited" from The Wall Street Journal, 11/03/05.
"Merck's Victory from The Wall Street Journal, 11/04/05.
"Merck Liable" from The Wall Street Journal, 04/06/06.
"Merck's Punitive Damages" from The Wall street Journal, 04/11/06.
"Merck and Fosamax" from The Wall Street Journal, 04/12/06.
"Delphi and Detroit's Crisis from The Wall Street Journal, 04/01/06.
"KPMG Settlement" from The Wall Street Journal, 08/29/05.
"KPMG Charges" from The Wall Street Journal, 08/30/05.
"KPMG and Congress" from The Wall Street Journal, 08/30/05.
MM. Pages 405-416 ["The Social Responsibility of Business Is to Increase Its Profits," "A Stakeholder Theory of the Modern Corporation."].
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Two (2) Short Essays 2: Due Date: Wednesday, March 8 |
Week 10 (March 6): Dignity, Respect for Persons and Affirmative Action. [50 pages of reading]
Introduction to the unit (Streaming Video --- 2 minutes).
Ulrich, LP. ["Dignity as a Foundational Element in the Workplace"].
MM. Pages 467-470 ["Freedom
of Contract and Affirmative Action"].
MM. Pages 485-504 ["Moral Perspectives
on Affirmative Action," "The Moral Status of Affirmative Action."].
"Affirmative Action at the University of Michigan" from The Wall Street Journal, 2/10/03.
"Affirmative Action and the Wealthy" from The Wall Street Journal, 2/20/03.
ERESERVE. [Dodds, SM et al. "Sexual Harassment." (12 pages)].
"Sexual
Harassment at Salomon Smith Barney" from The Wall Street Journal, 12/17/02.
WUC. Pages 71-85 ["Must We
Maintain a Friendly Workplace? Sexual Harassment on the Job"].
"Stonecipher at Boeing from The Wall Street Journal, 03/0805.
"Job Security: What Could Happen Without It" from The Wall Street Journal 3/5/03.
"Employee Termination to Save Health Care Costs" from The Wall Street Journal, 7/14/03.
"Cutting Retiree Benefits" from The Wall Street Journal, 03/16/04.
"United Record Pension Default" from The Wall street Journal, 5/11/05.
"Pensions for Retirees" from The Wall Street Journal, 5/18/05.
"GM Cuts Pay and Benefits" from The Wall Street Journal, 2/21/02.
"GMs Buyout Offer" from The Wall Street Journal, 3/23/06.
"GMs Plan" from The Wall Street Journal, 3/23/06.
"Delphi's Proposed Cuts" from The Wall Street Journal, 03/31/06.
"Delphi's Reorganization" from The Wall Street Journal, 03/31/06.
Week 11 (March 13): MIDTERM BREAK --- RELAX A BIT!
Week 12 (March 20): Dignity, Respect for Persons, Sexual Harassment, and Job Security. [35 pages of reading]
Introduction to the unit (Streaming Video --- 2 minutes).
Ulrich, LP. ["Dignity as a Foundational Element in the Workplace"].
ERESERVE. [Dodds, SM et al. "Sexual Harassment." (12 pages)].
"Sexual
Harassment at Salomon Smith Barney" from The Wall Street Journal, 12/17/02.
WUC. Pages 71-85 ["Must We
Maintain a Friendly Workplace? Sexual Harassment on the Job"].
"Stonecipher at Boeing from The Wall Street Journal, 03/0805.
"Job Security: What Could Happen Without It" from The Wall Street Journal 3/5/03.
"Employee Termination to Save Health Care Costs" from The Wall Street Journal, 7/14/03.
"Cutting Retiree Benefits" from The Wall Street Journal, 03/16/04.
"United Record Pension Default" from The Wall street Journal, 5/11/05.
"Pensions for Retirees" from The Wall Street Journal, 5/18/05.
"Retirement Benefits" from The Wall Street Journal, 07/19/05.
"Giveback Demands" from The Wall Street Journal, 10/27/05.
"GM Cuts Pay and Benefits" from The Wall Street Journal, 2/8/06.
"Delphi's Proposed Cuts" from The Wall Street Journal, 03/31/06.
"Delphi's Reorganization" from The Wall Street Journal, 03/31/06.
"Delphi and Detroit's Crisis from The Wall Street Journal, 04/01/06.
"Retirement Benefits" from The Wall Street Journal, 07/19/05.
"Giveback Demands" from The Wall Street Journal, 10/27/05.
"GM Cuts Pay and Benefits" from The Wall Street Journal, 2/8/06.
"Delphi's Proposed Cuts" from The Wall Street Journal, 03/31/06.
"Delphi's Reorganization" from The Wall Street Journal, 03/31/06.
"Delphi and Detroit's Crisis from The Wall Street Journal, 04/01/06.
Week 13 (March 27): Business Practices and Technology. [15 pages
of reading]
MM. Pages 646-648 ["Modern
Science and Technology."]
MM. Pages 654-667 ["Technology
and Wisdom," "What Use? The World of Gadgets."].
"Information Technology and Privacy" from The Wall Street Journal, 3/7/00.
Intel v. Hamidi. California Supreme Court, 6/30/03.
"Blogging About the Workplace" from USA Today, 05/27/05.
Week 14 (April 3): Business Practices and the Environment. [43 pages of reading]
Introduction to the unit (Streaming Video --- 2 minutes).
MM. Pages 644-646 ["Business, Technology, and Environmental Ethics: Western Attitudes to Nature."]
MM. Pages 648-653 ["Kinds of Environmentalism," "Markets and the Environment," "Protecting the Environment."].
"Dupont and Greenhouse Gases" from The Wall Street Journal, 1/16/03.
"Chemical Manufacturers Elude Crackdown on Toxic Materials." from The Wall Street Journal, 5/21/03.
MM. Pages 667-681 ["Business
and Environmental Ethics," "The Economic Common Sense of Pollution."].
Ulrich, LP.
"We Are Late Arrivals."
WUC. Pages 129-148 ["Who Should
Clean Up the Mess? Love Canal and Corporate Responsibility for Old Pollution"].
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Two (2) Short Essays 3: Due Date --- Monday, April 3 |
Week 15 (April 10): Applying Course Concepts to the Global Marketplace; Human Rights as a Foundation. [31 pages of reading]
Introduction to the unit (Streaming Video --- 2 minutes).
ERESERVE.
[Facione, PA. "Rights and Duties." (22 pages)].
UN
Declaration of Human Rights (1948)
Declaration
of the Rights of Man and the Citizen (French Revolution) (1789).
Rights
of Women (1791)
Constitution
of Virginia (1776)
US
Bill of Rights (1789)
English
Bill of Rights (1689)
Magna
Carta (1215)
Aboriginal
Charter of Rights (2000).
Week 16 (April 17): The Moral Effects of Commerce: Capitalism
and Theories of Profit. [37 pages of reading]
Introduction to the unit (Streaming Video --- 2 minutes).
MM. Pages 510-519 ["The Moral
Effects of Commerce"].
WUC. Pages 19-24 ["Capitalism
and the Business System"].
MM. Pages 527-543 ["Manifesto
of the Communist Party," "The Cultural Contradictions of Capitalism,"]
MM. Pages 453-460 ["Why Profits are Deserved"]
"Bernard Ebbers and the Acquisition of Wealth" from The Wall Street Journal, 12/31/02. (5 pages).
"Bernard Ebbers' Conviction" from The Wall Street Journal, 03/16/05
"Grasso's Pay, First Disclosure" from The Wall Street Journal, 8/28/03.
"SEC Demands Details on Grasso from The Wall Street Journal, 09/03/03.
"Grasso Influenced Pay Package" from The Wall Street Journal, 9/11/03.
"Grasso Quits NYSE" from The Wall Street Journal, 9/18/04.
"Grasso and Greed" from The Wall Street Journal, 9/18/04.
"Grasso's Hopes" from The Wall Street Journal, 9/26/04.
"Grasso Report: Executive Summary" from The Wall Street Journal, 2/2/05.
"Response from Grasso's Spokesman" from The Wall Street Journal, 02/02/05.
"Spitzer Files Suit against Grasso" from The Wall Street Journal, 5/25/04
NewYork V Grasso (Full Text - PDF file -106 pages) 5/24/04.
New York V Grasso (Excerpts) from The Wall Street Journal, 5/25/04.
"SEC Proposing to Modify Executive Pay" from The Wall Street Journal, 01/10/06.
"SEC and Executive Pay Rules" from The Wall Street Journal, 01/11/06.
"Debt Symbol of Capital" from The Wall Street Journal, 05/17/05.
"Free Market Drugs" from The Wall Street Journal, 2/28/03.
"Profits for Generic Drugs" from The Wall Street Journal, 3/31/03.
"Mining in Australia" from The Wall Street Journal, 7/21/04.
"GMs Buyout Offer" from The Wall Street Journal, 3/23/06.
"GMs Plan" from The Wall Street Journal, 3/23/06.
"AT&T to Buy Bell South" from The Wall Street Journal, 030606.
"AT&T and Bell South a Gamble for Regulators" from The Wall Street Journal, 030606.
"AT&T Deal Worrisome for Cable Giants" from The Wall Street Journal, 030606.
"What AT&T Deal Means for Consumers" from The Wall Street Journal, 030706.
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Collaborative Writing Project 2: Due Date --- Monday, April 24 |
Week 17 (April 24): Tying Up Loose Ends.