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ETHICAL DIMENSIONS OF MANAGEMENT Winter, 2008 |
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Lawrence.Ulrich@notes.udayton.edu |
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NOTE: READINGS ON THIS PAGE MAY BE MODIFIED AS THE COURSE PROGRESSES SINCE NEW AND RELEVANT ITEMS MAY APPEAR IN THE WALL STREET JOURNAL FROM TIME TO TIME. YOU WILL BE NOTIFIED WHEN SUCH UPDATES OCCUR.
Many of the readings from the Wall Street Journal are included to give students examples of the theme of a particular week. All of them are not intended to be read.
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BE = Business Ethics: Ethical Decision Making and Cases (7th Edition) by Ferrell, Fraedrich & Ferrell.
WUC = Wake-Up Calls: Classical Cases in Business Ethics by Newton and Schmidt.
There will be a total of about 450 pages of readings for the 16 week course.
Week 1 (January 7): Ethical Theory and Systems.
Introduction to the
unit (Streaming Video --- 2 minutes).
WUC. Pages xix-xli. ["The Discipline of Ethics."]
BE, Pages 144-171 [Chapter 6, "Individual Factors: Moral Philosophies and Values"].
Ulrich, LP. "Ethical Systems in Business Ethics."
Week
2 (January 14): Ethical Theory and Systems Continued.
Introduction to the
unit (Streaming Video --- 2 minutes).
Aristotle, Nicomachean Ethics: Book 1, Chapter 13.
Aristotle, Nicomachean Ethics: Book 2.
Kant, Fundamental Principles of the Metaphysic of Morals. [Selection]
JS
Mill, Utilitarianism. "What Utilitarianism Is."
Kant on Lying [Slides].
Ulrich, LP. "Ethical Systems in Business Ethics." [Same as Week 1]
Week
3 (January 21): Ethical Principles.
Introduction to the
unit (Streaming Video --- 2 minutes).
Ulrich, LP. "Ethical Principles in Business Ethics."
Slide Show:
Justice
BE, Pages 144-171 [Chapter 6,
"Individual Factors: Moral Philosophies and Values"].
Week 4 (January 28): The Importance of Business Ethics.
BE, Pages 2-27 [Chapter 1, "The Importance of Business Ethics].
Week
5 (February 4): Virtues Character and Contemporary Ethical Issues. Insider
Trading.
Introduction to
the unit (Streaming Video --- 2 minutes).
BE, Pages 56-87 [Chapter 3, "Emerging Business Ethics Issues].
Aristotle, Nicomachean Ethics: Book 1, Chapter 13. [Same as Week 1]
Aristotle, Nicomachean Ethics: Book 2. [Same as Week 1]
"NASDAQ
Credo" from The Wall Street Journal, 2/21/02. [Slides]
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 --- Tuesday, February 5 |
Week 6 (February 11): The Qualities of Leadership.
BE, Pages 119-143 [Chapter 5, "Ethical Decision Making and Ethical Leadership"]
ERESERVE. Heath, Eugene. "Character and Commerce."
ERESERVE. Heath, Eugene. "Selfishness."
ERESERVE. Heath, Eugene. "Justice."
John C. Maxwell has written a short book entitled The 21 Indispensable Qualities of a Leader. Below, I have linked to the table of contents, which identifies all 21 qualities. And then I have selected 7 of the qualities for your consideration. Your choices may be different from mine.
Week 7 (February 18): Honesty in Commerce: Truth-telling, Advertising, and Whistleblowing.
Introduction to the
Unit: Virtue and Virtuous Practices of Managers (Streaming Video --- 2 minutes).
ERESERVE.
Heath, Edward. "Honesty and Integrity in Business."
ERESERVE. Olick, Robert. "Integrity."
"Integrity:
A Statement of PriceWaterHouseCoopers" from The Wall Street Journal,
1/16/03. [1page]
ERESERVE.
Brenkert, G.G. "Trust, Morality and International Business."
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.
"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 25): Individual Responsibility: Integrity and Loyalty --- a Case of Whistleblowing.
Introduction to the Unit: Virtue and Virtuous Practices of Managers (Streaming Video --- 2 minutes).
ERESERVE. Heath, Eugene. "Integrity, Loyalty, and Whistleblowing."
ERESERVE. "Responsibility, Action and the Conduct of Business: Individuality"
ERESERVE:
Olick, Robert. "Integrity." [Same as Week 7].
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 --- Sunday, February 24 |
Week 9 (March 3): Corporate Responsibility: The Contributions of the Stakeholder Theory. Developing a Corporate Culture.
Introduction to the Unit: Business Leadership (Streaming Video --- 2 minutes.
BE, Pages 28-53 [Chapter 2, "Stakeholder Relationships, Social Responsibility, and Corporate Culture"].
BE, Pages, 172-202 [Chapter 7, "The Role of Ethical
Culture and Relationships"]
ERESERVE.
Heath, Eugene. ["Corporate Responsibility"]
Freeman, R. Edward. "A Stakeholder Theory of the Modern Corporation.".
"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.
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Two (2) Short Essays 2: Due Date: Sunday, March 10 |
Week 10 (March 10): Dignity, Respect for Persons and Affirmative Action.
Introduction to the Unit: Rights and Responsibilities of Employees (Streaming Video --- 2 minutes).
ERESERVE. Ezorsky, Gertrude "Moral Perspectives on Affirmative Action."
ERESERVE. Pojman, Louis."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.
Week 11 (March 17): MIDTERM BREAK --- RELAX A BIT! BUT BE SURE YOU GO TO WORK IF YOU HAVE A REAL JOB!!!
Week 12 (March 24): Dignity, Respect for Persons, Sexual Harassment, and Job Security.
Introduction to the Unit: Rights and Responsibilities of Employees (Streaming Video --- 2 minutes).
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 31): Business Practices and Technology.
"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 7): Business Practices and the Environment.
ERESERVE. Heath, Eugene. "Business, Technology, and Environmental Ethics: Western Attitudes to Nature." "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.
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 --- Sunday, April 6 |
Week 15 (April 14): Applying Course Concepts to the Global Marketplace; Human Rights as a Foundation.
Introduction to the Unit: Rights and Human Rights (Streaming Video --- 2 minutes).
BE, Pages 260-289 [Chapter 10, "Business Ethics in a Global Economy"].
Slide Show:
Overview of Rights.( Min.)
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 21): The Moral Effects of Commerce: Capitalism and Theories of Profit.
Introduction to the Unit: Justice and the Accumulation of Wealth (Streaming Video --- 2 minutes).
WUC. Pages xxxv-xxxviii ["Capitalism and the Business System"].
Heath, Eugene. "The Moral
Effects of Commerce".
Bell, Daniel. "The Cultural Contradictions of Capitalism".
Karl Marx, Manifesto of the Communist Party. [Every educated person in the Western world should be familiar with this document in spite of the collapse of Communism in the Soviet Union.]
"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.
Week 17 (April 28): Tying Up Loose Ends???
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Collaborative Writing Project 2: Due Date --- Sunday, April 27 |