Can a corporation have a conscience? What is wrong with reverse discrimination? Can ethical management and managed care coexist? Hoffman, Frederick, and Schwartz address these and many other current, intriguing, often complex issues in corporate morality. This introductory business ethics text contains a thorough general introduction on ethical theory, 54 readings, and 25 cases. Divided into five parts, each with an introduction that presents the major themes of its articles and cases, the text contains an impartial, point-counterpoint presentation of different (...) perspectives on the most important issues being debated in business ethics. Each chapter ends with questions that can be used for student discussion, review, tests/quizzes, or for student assignments. The fourth edition has 27 new readings, 15 new cases, and 10 new mini-cases. (shrink)

In a series of articles specifically commossioned for this volume, some of today's most distinguished business ethicists survey the main areas of interest and ...

INTRODUCTION TO THE ARGUMENT OF 1768 Some ordinary facts about the world we live in can be readily explained by other ordinary facts. One can, for example, explain the fact that when we are facing north the sun rises on the right and ...

This chapter contains sections titled: Cultural relativism Ethical absolutism A cognitive alternative to EA: ethical relativism External and internal objections to ER Finding the middle ground: pluralistic relativism Ethics in business Conclusion.

In both the Principles and the Dialogues Berkeley argues that physical objects cannot exist independently of minds. In this paper I suggest an interpretation of the argument in the Dialogues that shows that his argument either relies on an invalid inference or begs the question. I conclude that his attempt to defeat scepticism by making physical objects mind-dependent is unsuccessful.

This paper is the first phase of a longitudinal study of the class of 2014 on the effectiveness of ethics education at a business university. This phase of the project establishes the baseline attributes of incoming college freshmen with a pretest of the students’ ethical proclivity as measured by Defining Issues Test (DIT-2) scores. The relationship between the students’ ethical reasoning and their behavior in experimental stock trading sessions is then examined. In the trading simulations, randomly selected students were provided (...) with the option of receiving privileged insider information about the final payoff of several stocks. The students could either accept or reject such information, with acceptance considered illegal insider trading. The results of the pretest indicate that moral reasoning as measured by the DIT-2 is related to insider trading behavior, with students with higher DIT-2 scores being less likely to accept insider information. The paper also presents demographic differences across DIT-2 scores and trading behavior as a foundation for the longitudinal examination of changes in students’ moral cognition characteristics and behavior during their undergraduate career. (shrink)

In this paper we consider whether one type of individual investor, which we call at risk investors, should be denied access to securities markets to prevent them from suffering serious financial harm. We consider one kind of paternalistic justification for prohibiting at risk investors from participating in securities markets, and argue that it is not successful. We then argue that restricting access to markets is justified in some circumstances to protect the rights of at risk investors. We conclude with some (...) suggestions about how this might be done. (shrink)