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CHAPTER 1 ETHICS EXPECTATIONS The Ethics Environment for Business: The Battle for Credibility, Reputation & Competitive Advantage New Expectations for Business Responses & Developments The Ethics Environment for Professional Accountants Managing Ethics Risks & Opportunities Questions Reading Insights References Case Insights ETHICS CASES involving (number of cases):Improper Behavior (5)Advertising & Sales promotion (4)Financial Transactions (2)Control of Information (2)Concerning the Environment (3)Product Safety (5)Accounting & Auditing (2)CHAPTER 2 ETHICS & GOVERNANCE SCANDALSEthics & Governance: A Timeline of Important Events Ethics & Governance: The Early Developments Prior to 1970 Ethics & Governance: 1970-1990 Ethics & Governance: The Modern Era--1990 to the Present Significant Ethics & Governance Scandals & Events Signs of Ethical Collapse Ethics & Governance: Trends Ethics & Governance: Timetables of Important Events, 1929-2019New sections:Unethical Bank Cultures Produce Scandals#MeToo Movement Reaches a Tipping PointHarmful Products Draw Huge Settlements and Change PerspectivesAccounting Crises lead to Re-imagination of Professional Accountant's RoleU.S. Business Roundtable Statement Signals Acceptance of Stakeholder InterestsUseful Video & Films Questions References Case Insights ETHICS CASES:Enron, Arthur Andersen, WorldcomLIBOR Manipulations, Deutsche Bank's Cultural DisasterBernie Madoff Scandal Wal-Mart Bribery, GM Ignition Faults, VW Cheats on Emissions TestsGeneral Motors installed faulty ignition switchesTakata air bags explode injuring passengers with metal shrapnelVolkswagen software defeats environmental exhaust emissions testingValeant Pharmaceuticals and Turing Pharmaceuticals bought drugs and jumped pricesCHAPTER 3 ETHICAL BEHAVIOR--PHILOSOPHERS' CONTRIBUTIONS 127Ethics & Moral Codes Ethics & Business Self-Interest & Economics Ethics, Business & The Law Major Ethical Theories Useful in Resolving Ethical Dilemmas Moral Imagination Questions Case Insights Useful Video & Film References ETHICS CASES about improper behavior (7)John DeLorean's Overcommitment to His CompanyGoogle's Tax Minimization Strategy: Utilitarian ConsequencesNew York Times Dual Class Share Structure: Distributive Injustice?Ben and Jerry's Application of the Rawlsian Difference Principle Merck and River Blindness: Justice as FairnessBeach-Nut Nutrition Corporation and Blind Corporate LoyaltyJohnson & Johnson's Worldwide Recall of Tylenol: Virtue EthicsCHAPTER 4 PRACTICAL ETHICAL DECISION MAKINGIntroduction Motivating Developments for Ethical Learning Ethical Decision Making Framework (EDM)--An Overview Philosophical Approaches--An Overview: Consequentialism (Utilitarianism), Deontology, & Virtue Ethics Sniff Tests & Common Heuristics--Preliminary Tests of Ethicality Stakeholder Impact Analysis--Comprehensive Tool for Assessing Decisions & Actions Stakeholder Impact Analysis: Modified Traditional Decision-Making Approaches Integrating Philosophical & Stakeholder Impact Analysis Approaches Other Ethics Decision-Making Issues A Comprehensive Ethical Decision-Making Framework Conclusion Questions References Illustrative Applications & Case Insights ILLUSTRATIVE APPLICATIONS (4)ETHICS CASES About:Harm to individuals (4)Harm to the environment (1)Governance decisions (3)CHAPTER 5 CORPORATE ETHICAL GOVERNANCE & ACCOUNTABILITYModern Governance & Accountability Framework--To Shareholders & Other Stakeholders New Expectations--New Framework to Restore CredibilityCorporate Governance Overview Accountability to Shareholders or Stakeholders?The Shareholder Value MythGovernance for Broad Stakeholder AccountabilityGuidance Mechanisms--Ethical Culture & Code of ConductThreats to Good Governance & Accountability Misunderstanding Objectives & Fiduciary DutyFailure to Identify & Manage Ethics RisksConflicts of InterestKey Elements of Corporate Governan
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