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Business Ethics and Ethical Business
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Table of Contents

Preface PART I. THE ROLE OF BUSINESS IN A FREE DEMOCRACY 1. Two Democratic Traditions Foundations of Capitalism Two Conceptions of Democracy 2. The Rights and Social Responsibilities of Business The Moral Rights of Businesses A Proposal for Justifying Inequalities in Free Democracies Determining Ethical Obligations: Some Major Approaches Ethical Obligation and Legal Requirements 3. The Constituencies of Ethical Business Limitations of Ownership Rights The Interests of Stockholders The Multiple-Constituency View of the Corporation Constituents as "Stakeholders" 4. A Framework for Making Ethical Decisions Common-Sense Ethical Principles A Five-Step Model for Making Difficult Ethical Decisions 5. Ethical Business, Environmental Responsibility, and Sustainability The Value of the Environment The Ethical Importance of Future Generations The Ideal of Sustainability 6. Marketing: Product, Target, and Image Some Major Dimensions of Marketing Ethics Five Types of Ethical Problems in Marketing Insincerity, Deception, and Manipulation in Marketing Advertising and the Limits of Persuasive Representation The Ethics of Creating Desire The Interdependence of Marketing and Manufacturing Decisions Advertising and the Human Image 7. The Ethics of Financial Representation The Centrality of Accounting in Capitalist Democracies The Public Representation of Financial Positions Judgment, Clarity, and Conflicts of Interest in Accounting PART II. THE ETHICS OF INTERNAL MANAGEMENT 8. Hiring Policies and Compensation Standards Preferential Hiring and Affirmative Action Rationales for Affirmative Action Promotion and Remuneration Qualifications and Merit Executive Compensation An Approach to Fairness in CEO Compensation 9. Conditions of Employment and Codes of Ethics Safety, Risk, and Informed Consent Whistleblowing Healthcare Obligations and Responsibilities Privacy in Employment Private Lives and the Movable Workplace Company Codes and Mission Statements 10. Religion in the Workplace Church-State Separation as a Starting Point in Employment Some Applications to Managerial Policy Questions Religion in Large Public Companies Demonstrative Affiliation in Employment 11. Managerial Leadership and Corporate Culture Corporate Culture, Ethos, and Ethics Managerial Hierarchy and Its Limitations Leadership Versus Power Ethical Leadership and Leadership in Ethics Meaningful Work and the Creation of Value PART III. ETHICAL PROBLEMS OF GLOBAL BUSINESS 12. International Trade and Cross-Cultural Standards Intercultural Understanding Child Labor Gift-Giving in Business Gift-Giving Versus Bribery 13. Nationality, International Business Ethics, and Cosmopolitanism Outsourcing Cultural Adaptation, Relativity, and Standards of Negotiation Ethical Limits in Negotiation Strategies The Relation Between Ethics and Law Intellectual Property, Technology Transfer, and Porous Borders Ethics and Law in International Business International Cooperation and Cosmopolitanism 14. Conclusion Brief Case Scenarios: Glossary: Endnotes: Index:

Reviews

"Business Ethics and Ethical Business is philosophically sophisticated and yet written in admirably clear prose. This is a virtuoso performance by one of the most distinguished scholars in the field of business ethics."--Edwin M. Hartman, Leonard N. Stern School of Business, New York University "As we have come to expect of Audi's work, the reasoning and style contained in Business Ethics and Ethical Business has the 'triple-barrels' of richness, insightfulness, and clarity."--Mitchell R. Haney, University of North Florida "This elegant and concise introduction to business ethics examines business as a practice that sits at the nexus of democratic values, free market values, and individual and community conceptions of the good life."--Joanne B. Ciulla, University of Richmond "Audi cuts away the fluff and gives his reader the essentials without unnecessary embellishment."--Peter Madsen, Carnegie Mellon University "Business Ethics and Ethical Business is philosophically sophisticated and yet written in admirably clear prose. This is a virtuoso performance by one of the most distinguished scholars in the field of business ethics."--Edwin M. Hartman, Leonard N. Stern School of Business, New York University "As we have come to expect of Audi's work, the reasoning and style contained in Business Ethics and Ethical Business has the 'triple-barrels' of richness, insightfulness, and clarity."--Mitchell R. Haney, University of North Florida "This elegant and concise introduction to business ethics examines business as a practice that sits at the nexus of democratic values, free market values, and individual and community conceptions of the good life."--Joanne B. Ciulla, University of Richmond "Audi cuts away the fluff and gives his reader the essentials without unnecessary embellishment."--Peter Madsen, Carnegie Mellon University

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