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Giving Voice to Values Curriculum: Home Page

(Available to all users) Introduction, Annotated Table of Contents, Teaching Modules

Author: Gentile, Mary C.
Product Type: Essays and Concept Papers; Syllabi
Source: Giving Voice to Values Curriculum Initiative
Publication Year: 2009

[This document has not yet been rated] 10812 views

Drawing on both the actual experiences of business practitioners as well as cutting edge social science and management research, Giving Voice to Values fills a long-standing and critical gap in business education by expanding the definition of what it means to teach business ethics.

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The Social Responsibility of Business is to Increase its Profits

Author: Friedman, Milton
Product Type: Essays and Concept Papers; Magazine / Newspaper Articles; Speeches
Source: The New York Times Magazine, September 13, 1970.
Publication Year: 1970

[This document has not yet been rated] 7904 views

"When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system," it's obvious that they believe that they are defending free enterprise

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How Marketing Thinking Can Help Social Entrepreneurs

Author: Bloom, Paul M.
Product Type: Essays and Concept Papers; Research Notes / Working Papers
Source: CasePlace.org
Publication Year: 2007

[This document has not yet been rated] 5398 views

Social Entrepreneurship has become a hot field. Philanthropists and investors, many of whom were successful business entrepreneurs, are now supporting foundations and nonprofits that identify, fund, and advise social entrepreneurs...

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Teams, Not Stars, Are the Key to High Performance

Author: Staubus, Martin
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 5259 views

It's all well and good that a shared ownership stake may promote a team orientation, but does teamwork necessarily translate into superior business results?

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Ways of Thinking about Our Values in the Workplace (Giving Voice to Values)

(Available to all users)

Author: Gentile, Mary C.
Product Type: Essays and Concept Papers
Source: Giving Voice to Values Curriculum Initiative
Publication Year: 2008

[This document has not yet been rated] 4824 views

This is the foundational reading for the Giving Voice to Values approach. It explains its origins; the research upon which it is based; and the key elements or pillars for learning to effectively voice and act on our values

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How Business Schools and Faculty Can use the Giving Voice to Values Curriculum

(Available to all users)

Author: Gentile, Mary C.
Product Type: Essays and Concept Papers; Syllabi
Source: Giving Voice to Values Curriculum Initiative
Publication Year: 2008

[This document has not yet been rated] 3091 views

This essay introduces the Giving Voice to Values curriculum to faculty and explains different models for how to use it.

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Giving Voice to Values Case-In Point

(Available to all users)

Author: Gentile, Mary C.
Product Type: Essays and Concept Papers
Source: The Aspen Institute Business and Society Program
Publication Year: 2007

[This document has not yet been rated] 3074 views

Why is it so difficult to talk about ethics in our management classes? Perhaps one reason is because we - both faculty AND students - are not convinced that it is, in fact, possible to voice and act on one's values successfully in the workplace. Let me offer an example...

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A Team Production Theory of Corporate Law

Authors: Blair, Margaret; Stout, Lynn A.
Product Type: Essays and Concept Papers; Journal Articles
Source: Virginia Law Review, Vol. 85, No. 2, pp. 248-328.
Publication Year: 1999

[This document has not yet been rated] 3050 views

Contemporary corporate scholarship generally assumes that the central economic problem addressed by corporation law is getting managers and directors to act as loyal agents for shareholders. We take issue with this approach and argue that the unique legal rules governing publicly-held corporations are instead designed primarily to address a different problem - the "team production" problem - that arises when a number of individuals must invest firm-specific resources to produce a nonseparable output...

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When Earnings Management Becomes Cooking the Books

Author: Millstein, Ira
Product Type: Essays and Concept Papers
Source: The Financial Times
Publication Year: 2005

[This document has not yet been rated] 2922 views

"Earnings management" includes both legitimate and less than legitimate efforts to smooth earnings over accounting periods or to achieve a forecasted result. The line between appropriate earnings management techniques and "cooking the books" can be a blurry one...

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CGA: What Do We Know and What Do We Teach Future Business Leaders?

Author: Gentile, Mary C.
Product Type: Essays and Concept Papers; Speeches
Source: The Aspen Institute Center for Business Education's Corporate Governance and Accountability Project
Publication Year: 2003

[This document has not yet been rated] 2609 views

The Aspen Institute Business & Society Program reports on MBA education's approaches to governance issues, offering a rich picture of what is currently taught in MBA programs; the strengths and limitations of this material; the questions left unanswered or unasked; and some promising approaches for addressing these gaps.

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Earnings Management

When Does Juggling the Numbers Become Fraud?

Authors: Makar, Stephen D.; Pearson, Michael; Alam, Pervaiz
Product Type: Essays and Concept Papers
Source: Association of Certified Fraud Examiners
Publication Year: 2000

[This document has not yet been rated] 2524 views

Generally accepted accounting principles (GAAP) allow an accountant to select from various methods when computing earnings and other financial measures, which could lead to lower quality financial information depending on the accounting methods used...

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Inequality: What Role Do Corporations Play?

Case in Point Series

Author: Scully, Maureen
Product Type: Essays and Concept Papers
Source: The Aspen Institute Center for Business Education
Publication Year: 2008

[This document has not yet been rated] 2478 views

Widening inequality in the U.S. may appear to be a complex societal problem beyond the reach of corporate solutions. However, corporations have a role both in the sources of and solutions to inequality.

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Perspectives on Corporate Governance: Executive Compensation

Part of our Case In Point series...

Author: Levine, David I.
Product Type: Essays and Concept Papers
Source: The Aspen Institute Business and Society Program
Publication Year: 2007

[This document has not yet been rated] 2465 views

There are many ways in which poorly designed incentives schemes reward executives for destroying long-term shareholder value...

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Public Action to Remedy Hunger

(Consideration of Human Needs and Equity Example 2: Global Poverty and Deprivation)

Author: Sen, Amartya
Product Type: Essays and Concept Papers; Speeches
Source: The Hunger Project
Publication Year: 1990

[This document has not yet been rated] 2311 views

Amartya Sen argues that systematic public action can eradicate the terrible and resilient problems of starvation and hunger in the world in which we live...

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The Value of Corporate Values

(strategy + business, issue 39, Spring 2005)

Authors: Van Lee, Reggie; Fabrish, Lisa; McGaw, Nancy
Product Type: Essays and Concept Papers
Source: The Aspen Institute Business and Society Program; Booz Allen Hamilton
Publication Year: 2005

[This document has not yet been rated] 1988 views

An Aspen Institute / Booz Allen Hamilton global survey of corporate behavior finds that leading companies are crafting a purpose drive identity...

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Innovation, Competition, and the Theory of Network Externalities

(Externalities Example 3: Network Externalities)

Author: Besen, Stanley M.
Product Type: Essays and Concept Papers
Source: Presented at the Yale University Department of Economics Reunion, The World Economy in the 21st Century.
Publication Year: 1999

[This document has not yet been rated] 1972 views

Network externalities exist when the value of a product to any user is greater the larger is the number of other users of the same product. For economists, the theory of network effects, or network externalities, or standardization, has wide applicability...

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The Limitations of Markets: Background Essay

Author: Goodwin, Neva R.
Product Type: Essays and Concept Papers
Source: Global Development and Environment Institute, Tufts University
Publication Year: 2005

[This document has not yet been rated] 1769 views

Includes a basic background explanation of the market strengths and limitations, useful for a discussion of where a firm's strategy around responding to this epidemic fits within a larger economic framework.

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Corporate Social Responsibility and Strategic Partnerships

Academic and Business Can be a Powerful Team to Advance the Agenda, Center for Responsible Business

Author: McElhaney, Kellie A.
Product Type: Essays and Concept Papers
Source: Center for Responsible Business, Haas School of Business, University of California
Publication Year: 2003

[This document has not yet been rated] 1720 views

In this editorial by the Executive Director of the Center for Responsible Business, the author defines methods and recommendations for a mutually responsible partnership between academia and business in corporate social responsibility...

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Can Ethics Be Taught?

Authors: Velasquez, Manuel; Andre, Claire; Shanks, Thomas; Meyer, Michael
Product Type: Essays and Concept Papers
Source: Markkula Center for Applied Ethics
Publication Year: 1987

[This document has not yet been rated] 1699 views

In a recent editorial, the Wall Street Journal announced that ethics courses are useless because ethics can't be taught.

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Sustainable Tourism & the Cruise Line Industry

Authors: Bailey, Kalena Samon; Mansour, Saf El; Silue, Rene; Singleton, Denna
Product Type: Essays and Concept Papers
Source: Kenan-Flagler Business School, UNC-Chapel Hill
Publication Year: 2004

[This document has not yet been rated] 1635 views

The tourism industry is one of the fastest growing industries in the world, generating revenue and creating jobs in many countries. The impacts of tourism on a location are not only positive, however.

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Integrating Sustainability into Management Education: A Status Report

Authors: McGaw, Nancy; Gentile, Mary C.
Product Type: Essays and Concept Papers
Source: The Aspen Institute Business and Society Program
Publication Year: 2005

[This document has not yet been rated] 1626 views

The purpose of this paper is to provide an overview of approaches taken by leading business schools around the globe to build the capacity of graduate students to...

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Developing Ethical Leadership

Authors: Freeman, R. Edward; Stewart, Lisa
Product Type: Essays and Concept Papers
Source: Business Roundtable Institute for Corporate Ethics
Publication Year: 2006

[This document has not yet been rated] 1617 views

One typical response to the "ethics crisis" in business is a clarion call for more "ethical leadership," yet there are few explanations of what exactly is meant by the term. This case presents a framework for developing ethical leadership.

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Note on Financing of the U.S. Health Care Sector

(Transaction Costs Example 1: Medical Billing and Administration)

Authors: Herzlinger, Regina E.; Grahling, Jeff
Product Type: Essays and Concept Papers; Research Notes / Working Papers
Source: Harvard Business School Publishing
Publication Year: 2003

[This document has not yet been rated] 1597 views

This course describes the public and private sources of financing of the U.S. health-care sector, and identifies the characteristics of insurance policies, their costs, the structure of the insurance industry, and the role of consultants and brokers...

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Multinational Corporations, Governance Deficits, and Corruption

(Public Goods Example 2: A Good Legal System)

Author: Novartis Foundation
Product Type: Essays and Concept Papers
Source: The Global Development Research Center
Publication Year:

Faculty Rating: 3 stars3 stars3 stars3 stars3 stars [1 Faculty Rating] 1573 views

A web essay from Novartis Foundation discussing corruption in both developing and developed countries. The different types of corruption are summarized. The article also mentions that ethical corporate behavior by some companies may encourage other companies to do likewise.

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Between Public and Private: The Nature of Today's Standards

(Public Goods Example 1: National and International standard setting agencies.)

Authors: Bunduchi, Raluca; Graham, Ian; Williams, Robin
Product Type: Essays and Concept Papers; Research Notes / Working Papers
Source: The University of Edinburgh School of Management & Economics
Publication Year: 2004

[This document has not yet been rated] 1557 views

The development of private consortia and the blurring of the boundaries between official and private SDOs have raised a number of concerns regarding the privatization of what was considered to belong to the public domain...

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Freshwater Resources: Managing the Risks Facing the Private Sector

(Externalities Example 1: Resources and Pollution)

Authors: Morrison, Jason; Gleick, Peter
Product Type: Essays and Concept Papers
Source: The Pacific Institute. Oakland, California.
Publication Year: 2004

[This document has not yet been rated] 1520 views

This paper outlines key trends in water use and availability, the resulting new risks to businesses, and strategies companies can take to reduce the risks they face...

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Business for Development - Business Solutions in Support of the Millennium Development Goals

Author:
Product Type: Essays and Concept Papers
Source: World Business Council for Sustainable Development
Publication Year: 2005

[This document has not yet been rated] 1508 views

Business plays a central role in creating opportunities for empowerment and development. At the 2002 World Summit on Sustainable Development in Johannesburg, business publicly ‘stepped up to the plate' by demonstrating that it is taking its own role in development seriously. Part of that commitment involves talking frankly and openly with policy leaders. This publication is part of that ongoing discussion and debate...

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Sustainability and the Triple Bottom Line

A Case Study of Whole Foods Market

Authors: Dalby, Kaarsten Turner; Palmer, Todd; Potts, Kevin; Sullivan, Denny; Eager, Claire
Product Type: Essays and Concept Papers
Source: Kenan-Flagler Business School, UNC-Chapel Hill
Publication Year: 2006

[This document has not yet been rated] 1496 views

Whole Foods Markets (WF) owns and operates the largest chain of natural food stores in the United States. Already an internationally-recognized brand synonymous with organic and natural foods, the chain prides itself on its commitment to sustainable agriculture, wise environmental practices and community involvement.

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Why the US Needs a Single Payer Health System

(Transaction Costs Example 1: Medical Billing and Administration)

Authors: Himmelstein, David U.; Woolhandler, Steffie
Product Type: Essays and Concept Papers
Source: Physicians for a National Health Program
Publication Year: 2005

[This document has not yet been rated] 1492 views

The current market-driven health care system in the U.S. is increasingly compromising quality and access to care...

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Releasing the Double Bind of Visibility for Minorities in the Workplace (Race Inequality and Media Images of Race in the U.S.)

Authors: Blake-Beard, Stacy; Roberts, Laura Morgan
Product Type: Essays and Concept Papers
Source: CGO Commentaries
Publication Year: 2004

[This document has not yet been rated] 1460 views

The NBC hit reality TV show The Apprentice put images of black and white managers at the center of popular culture and water cooler discussions. This paper asks what these images reveal about how minority managers have to manage visibility at work.

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Shaping Tomorrow's Business Leaders: Principles and Practices for a Model Business Ethics Program

Author: Business Roundtable for Corporate Ethics
Product Type: Essays and Concept Papers
Source: Business Roundtable Institute for Corporate Ethics
Publication Year: 2007

[This document has not yet been rated] 1445 views

This report-- Shaping Tomorrow's Business Leaders: Principles and Practices for a Model Business Ethics Program-- identifies key principles and leading practices and recommends actions for developing strong ethics programs and building an aspiring vision of the future for tomorrow's business leaders...

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Sleeping Tiger, Hidden Liabilities

Amid growing risk and industry movement on climate change, ExxonMobil falls farther behind

Author: Mansley, Mark
Product Type: Essays and Concept Papers
Source: Coalition for Environmentally Responsible Economies
Publication Year: 2003

[This document has not yet been rated] 1445 views

The past year has seen the risks of climate change significantly increase and ExxonMobil's competitors strengthen their strategic positions on the issue. ExxonMobil has remained largely immobile, and is now the only oil supermajor without a clear strategy to manage the risks of climate change...

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Building the Business Case for Ethics

Authors: Margolis, Joshua; Walsh, James; Krehmeyer, Dean
Product Type: Essays and Concept Papers
Source: Business Roundtable Institute for Corporate Ethics
Publication Year: 2006

[This document has not yet been rated] 1438 views

This article analyses the almost one hundred research studies which have sought to determine whether or not positive social performance leads to positive financial performance.

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Economics Wins, Psychology Loses, and Society Pays

Authors: Bazerman, Max H.; Malhotra, Deepak P.
Product Type: Essays and Concept Papers; Research Notes / Working Papers
Source: Harvard Business School, Negotiation, Organizations and Markets Unit, Research Paper Series
Publication Year: 2005

[This document has not yet been rated] 1413 views

Economics is the social science that dominates public policy debate and formulation. We argue that other social sciences, and in particular psychology, have a great deal to offer, and that our failure to incorporate the lessons from other social sciences leads to inferior public policy...

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New Wine, New Bottles: The Rise of Non-Financial Reporting - A Business Brief for Social Responsibility

(Problems of Information Example 2: Corporate Reporting)

Author: White, Allen L.
Product Type: Essays and Concept Papers
Source: Business for Social Responsibility Website
Publication Year: 2005

[This document has not yet been rated] 1410 views

This article traces changes in corporate reporting practices which indicate that non-financial reporting is on a trajectory to becoming standard business practice in the 21st century...

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Economics in Context: Goals, Issues, and Behavior

(Transaction Costs Example 1: Medical Billing and Administration)

Authors: Goodwin, Neva; Nelson, Julie; Ackerman, Frank; Weisskopf, Thomas
Product Type: Essays and Concept Papers
Source: Global Development And Environment Institute, Tufts University
Publication Year: 2007

[This document has not yet been rated] 1407 views

This module draws on the first two chapters of Microeconomics in Context to present the study of economics in a broad social and environmental context...

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Science and Innovation Policy: Key Challenges and Opportunities

(Transaction Costs Example 2: Public Research and the Internet)

Author: Organization for Economic Co-operation and Development (OECD)
Product Type: Essays and Concept Papers; Web Sites
Source: Organisation for Economic Co-operation and Development (OECD)
Publication Year: 2004

[This document has not yet been rated] 1404 views

Science and technology exert a growing influence on society and the economy. Scientific achievements continue to expand the frontiers of knowledge and increasingly contribute to the technological progress that affects how people live and work...

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Do Stakeholders Belong in Corporate Finance?

Stakeholders in Corporate Finance

Author: Becker-Blease, John
Product Type: Essays and Concept Papers
Source: The Aspen Institute Center for Business Education
Publication Year: 2008

[This document has not yet been rated] 1393 views

Economists and legal scholars have discussed the proper role of a public corporation since at least the early part of the 20th century. The two major schools of thought that have emerged from this discourse are frequently characterized as shareholder primacy and stakeholder primacy, noting that shareholders are one of many stakeholders.

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What Research in Marketing Can Teach Managers About Improving Corporate Social Performance

Author: Bloom, Paul
Product Type: Essays and Concept Papers
Source: Kenan-Flagler Business School, UNC-Chapel Hill
Publication Year: 2006

[This document has not yet been rated] 1390 views

This paper presents an overview of the research undertaken by marketing scholars concerned with the social impact of marketing practices.

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Training Managers for the Future

Author: Gentile, Mary C.
Product Type: Essays and Concept Papers
Source: The Aspen Institute Center for Business Education; E Journal USA
Publication Year: 2005

[This document has not yet been rated] 1386 views

In the wake of a new series of corporate scandals – Enron, Tyco, WorldCom, Arthur Andersen – business educators in the United States are once again facing difficult questions about their ability to prepare future managers to lead their organizations responsibly and ethically. I say “once again,” because we have been here before. There were the insider trading scandals of the 1980s, and the defense industry scandals before that...

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Avoiding Ethical Danger Zones

Authors: Messick, David; Bazerman, Max; Stewart, Lisa
Product Type: Essays and Concept Papers
Source: Business Roundtable Institute for Corporate Ethics
Publication Year: 2006

[This document has not yet been rated] 1385 views

To develop a framework for improved ethical decision making, managers can focus on three key areas: quality, breadth, and honesty.

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Bubbles, Human Judgment, and Expert Opinion

Problems of Expectations Example: Market Bubbles

Author: Shiller, Robert J.
Product Type: Essays and Concept Papers
Source: Cowles Foundation for Research in Economics
Cowles Foundation Discussion Paper NO. 1303
Yale University
Publication Year: 2001

[This document has not yet been rated] 1373 views

Research in psychology and behavioral finance is surveyed for evidence to what extent experts such as professional investment managers or endowment trustees may behave in such a way as to help perpetuate speculative bubbles in financial markets....

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Developing Leaders for a Sustainable Global Society

A New Model for Leadership Development

Author: McGaw, Nancy
Product Type: Essays and Concept Papers
Source: Strategic HR Review
Publication Year: 2005

[This document has not yet been rated] 1294 views

Asking business leaders to make decisions that produce superior financials and simultaneously contribute to social progress while protecting environmental quality is a tall order.

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After Katrina: Rebuilding Places and Lives, City & Community

Author: Briggs, Xavier de Sousa
Product Type: Essays and Concept Papers
Source: City & Community, Volume 5, Issue 2. American Sociological Association
Publication Year: 2006

[This document has not yet been rated] 1264 views

In this article, the author briefly outlines this context and develops two arguments about rebuilding: First, that debates about returning versus relocating families, including the poor, should be grounded in the realities of the city's housing and labor markets and reflect informed choices, not anecdotes, about the preferences of the displaced; and second, that we should not rely on simplistic images of "community lost" to understand what the displaced stand to lose or gain by either moving back or moving on...

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Company Stakeholder Responsibility

A New Approach to CSR

Authors: Freeman, R. Edward; Velamuri, S. Ramakrishna; Moriarty, Brian
Product Type: Essays and Concept Papers
Source: Business Roundtable Institute for Corporate Ethics
Publication Year: 2006

[This document has not yet been rated] 1258 views

Corporate social responsibility is often about seeming to "do good works." And, while there is certainly nothing wrong with doing more good, there can be an implication that companies need to do good works because the underlying structure of business is not good, or morally neutral. This is a destructive idea and can cause companies to act in bad faith and get involved in matters where they have little expertise. The authors outline a new approach that focuses on "corporate stakeholder responsibility."

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Restoring Trust

Report to The Hon. Jed S. Rakoff the United States District Court for the Southern District of New York on Corporate Governance for the Future of MCI

Author: Breeden, Richard C.
Product Type: Essays and Concept Papers
Source: U.S. Securities and Exchange Commission
Publication Year: 2003

[This document has not yet been rated] 1247 views

Restoring Trust is not just a study of corporate governance. It is also intended as a blueprint for action.

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Globalization and Employment by U.S. Multinationals

A Framework and Facts

Author: Slaughter, Matthew J.
Product Type: Essays and Concept Papers
Source: Unpublished manuscript, Amos Tuck School of Business Administration, Dartmouth College, Hanover, NH
Publication Year: 2004

[This document has not yet been rated] 1244 views

This paper argues that the debate over employment, globalization and outsourcing is limited by a lack of information and a narrow view of the impacts of globalization on companies and their home countries...

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Wal-Mart and Job Quality

What Do We Know, and Should We Care?

Authors: Dube, Arindrajit; Wertheim, Steve
Product Type: Essays and Concept Papers
Source: The Center for American Progress
Publication Year: 2005

[This document has not yet been rated] 1237 views

Since opening its first store in 1962 in Rogers, Arkansas, Wal-Mart has grown to be the world's largest company. However, there is a growing concern that part of Wal-Mart's success is underpinned by a compensation practice that keeps wages low...

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How Much Will We Pay for a Year of Life?

Authors: Zenios, S.A.; Chertow, G.M.; Lee, C.P.
Product Type: Essays and Concept Papers
Source: Stanford Graduate School of Business, International Society for Pharmacoeconomics and Outcomes Research
Publication Year: 2009

[This document has not yet been rated] 1218 views

How much are we-and should we be-willing to pay, as a society, for improving health outcomes? The authors discuss how making medical decisions based on their cost-effectiveness leads to profound ethical dilemmas.

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Coerced Confessions: Self-Policing in the Shadow of the Regulator

Authors: Chatterji, Aaron; Levine, David; Toffel, Michael W.
Product Type: Essays and Concept Papers
Source: Harvard Working Knowledge
Publication Year: 2007

[This document has not yet been rated] 1160 views

In this study, we examine how regulatory enforcement activities influence organizations' decisions to self-police.

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