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Business ethics

Conrad, Christian A 1966- | 2018

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  1. Type of Document: Book
  2. Publisher: Switzerland : Springer International Publishing AG , 2018
  3. Keywords:
  4. Business ethics ; Business ethics -- Philosophy

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  • Foreword
  • Introduction
  • Contents
  • About the Author
  • Chapter 1: Basic of Ethics
    • 1.1 Basic Terms
    • 1.2 What Is Business Ethics?
    • 1.3 Objective of Business Ethics
    • Literature
  • Chapter 2: Ethical Valuation Approaches
    • 2.1 Classical Ethics
      • 2.1.1 Ethics of Conviction
      • 2.1.2 Kant’s Rules for Ethical Reasoning
        • 2.1.2.1 The Practical Imperative
        • 2.1.2.2 The Categorical Imperative
        • 2.1.2.3 Publicity Rule
      • 2.1.3 Ethics of Duties (Deontological Ethics)
      • 2.1.4 Ethics of Responsibility or Ultimate End (Teleological Ethics)
      • 2.1.5 The Utilitarianism of Jeremy Bentham
      • 2.1.6 Millian Utilitarianism
      • 2.1.7 Individual Ethics or Discourse Ethics?
    • 2.2 Modern Ethics
      • 2.2.1 Moral Economics: Morality Must Be Worthwhile
      • 2.2.2 Specific Ethical Assessment Principles
        • 2.2.2.1 Human Rights
        • 2.2.2.2 Environmental Protection as Sustainability
        • 2.2.2.3 Animal Protection
      • 2.2.3 Justice as an Assessment and Behavioral Approach
    • 2.3 Conclusion on Ethical Evaluation Procedures
    • 2.4 Application Examples
    • 2.5 Summary
    • Literature
  • Chapter 3: The Image of Humans
    • 3.1 The Classical View of Man: Homo Economicus
    • 3.2 Falsely Understood Egoism
    • 3.3 Individualism Versus Collectivism
      • 3.3.1 Rolegame Individualism Versus Collectivism
    • 3.4 Fairness As Motivation
    • 3.5 Human Intelligence
    • 3.6 The Cultural Impact
    • 3.7 Conclusion and Summary
    • Literature
  • Chapter 4: Ethical Problems of the Economy: Enron, Subprime & Co. – From Crisis to Crisis
    • 4.1 Enron, Worldcom and Co.
      • 4.1.1 The Consequences of Enron, Worldcom & Co.
    • 4.2 The Subprime Crisis, the Biggest Financial Crisis After 1929
    • 4.3 Some Causes of the Financial Crisis
      • 4.3.1 Technical Mistakes
      • 4.3.2 Exaggerated Belief in Figures
      • 4.3.3 Missing Moral Values
    • 4.4 Summary
    • Literature
  • Chapter 5: Market and Morality
    • 5.1 Economy and Freedom – A Historical Overview
    • 5.2 A Free-Market Without Social Rules?
    • 5.3 The Russian Transformation to an Unethical Market Economy
    • 5.4 How Does the Market Economy System Work?
      • 5.4.1 The Picture of the Perfect Market in the Welfare Economy
      • 5.4.2 Functions of Competition
      • 5.4.3 Moral Goals and Market Economy
      • 5.4.4 Social Market Economy
    • 5.5 Market Failure
      • 5.5.1 Market Failure Due to Non-exclusion
      • 5.5.2 Market Failures Due to Asymmetrical Information
      • 5.5.3 Market Failure Due to Transaction Costs
      • 5.5.4 Market Failure Due to External Effects
      • 5.5.5 Market Failure Due to Corruption
    • 5.6 Morality Within the Economic Division of Labor
    • 5.7 The Company in the Market System
      • 5.7.1 The Company’s Objective of Maximizing Profits
      • 5.7.2 Weaknesses in Controlling
      • 5.7.3 Corporate Social Responsibility
    • Literature
  • Chapter 6: Institutional Ethics: The State Regulatory Framework
    • 6.1 The Ethical Prisoner Dilemma
    • 6.2 Ethical Institutions and Organizations
    • 6.3 Is the State of Law Sufficient?
    • 6.4 International Business Ethics
      • 6.4.1 Non-Governmental Organizations or Civil Society Groups
      • 6.4.2 International Quality Seals
      • 6.4.3 Incentives to Overcome the International Prisoner’s Dilemma
      • 6.4.4 International Ethical Codes
    • Literature
  • Chapter 7: Tools of Ethics for Management
    • 7.1 Institutional Ethics on Company Level
      • 7.1.1 Corporate Principles and Vision
      • 7.1.2 Operative and Strategic Targets
        • 7.1.2.1 Company Targets and Strategies
        • 7.1.2.2 Division Targets and Strategies
        • 7.1.2.3 Department Strategies
      • 7.1.3 Code of Conduct
      • 7.1.4 Ethical Control Systems
        • 7.1.4.1 Compliance Programs
        • 7.1.4.2 Integrity Programs
      • 7.1.5 The Ethical Aspects of the Shareholder Value Concept
      • 7.1.6 Ethical Stakeholder Approach
    • 7.2 Organizational Ethics
      • 7.2.1 Organizational Structure
        • 7.2.1.1 Division of Labor and Specialization
        • 7.2.1.2 Separation of Decisions and Execution in Vertical Organization (Hierarchy)
        • 7.2.1.3 Command and Obedience (Strict Line of Command)
        • 7.2.1.4 The Information Problem
      • 7.2.2 Ombudspersons
      • 7.2.3 Ethics Officers
      • 7.2.4 Ethics Commission
      • 7.2.5 Whistleblowing
    • 7.3 Leadership Ethics
      • 7.3.1 Case Study of Enron
      • 7.3.2 Weaknesses of Corporate Governance
        • 7.3.2.1 From Entrepreneur to Manager
        • 7.3.2.2 The Principal-Agent Problem
      • 7.3.3 Incentives, Risk and Compensation Schemes
        • 7.3.3.1 Experimental Evidence on the Importance of Risk Adequate Compensation
        • 7.3.3.2 Stock Options and Bonuses as Unethical Incentives for Company Management
        • 7.3.3.3 Fair Compensation
        • 7.3.3.4 Lack of Controls on Company Management
      • 7.3.4 Ethical Corporate Culture
        • 7.3.4.1 Case Study: VW Diesel Scandal
        • 7.3.4.2 What Is a Company Culture?
        • 7.3.4.3 How Does the Corporate Culture Influence the Employees?
        • 7.3.4.4 Measurement of Company Culture
        • 7.3.4.5 Cultural Management, or How I Change Corporate Culture
        • 7.3.4.6 Ethical Corporate Identity
      • 7.3.5 Ethical Leadership
        • 7.3.5.1 The Relationship between Management and Employees
        • 7.3.5.2 Leadership Styles
        • 7.3.5.3 Leadership Theories
        • 7.3.5.4 Leadership Authority
      • 7.3.6 The Ethical Model of Company Management
        • 7.3.6.1 Virtue or Individual Ethics: What Should Be the Characteristics of an Optimal Management?
        • 7.3.6.2 How Can We Motivate Employees to Adopt Ethical Behavior?
        • 7.3.6.3 The Management Approach of Qualitative Leadership
    • 7.4 Summary
      • 7.4.1 Ethical Staff Selection
        • 7.4.1.1 The Selection Process
        • 7.4.1.2 Selection of Ethical Employees in Practice
        • 7.4.1.3 Reasons for the Ethics Deficit in the Personnel Selection
      • 7.4.2 Ethical Personnel Development
        • 7.4.2.1 The Step Model of the Moral Judgment from Kohlberg
        • 7.4.2.2 The Moral competence of the Employees in Line with Staffelbach
        • 7.4.2.3 Levels of Ethical Awareness and Wieland Management
        • 7.4.2.4 Ethics Seminars
        • 7.4.2.5 Corporate Volunteering
        • 7.4.2.6 Training-Near-The-Job
    • Literature
  • Chapter 8: Ethics in Business Education
    • 8.1 Cultural Factors in Economics
    • 8.2 Economics as a Natural Science?
    • 8.3 Ethics in Business Administration
    • Literature
  • Index
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