"Mark Schwartz has produced a wonderfully comprehensive and approachable treatise on the subject of business ethics, replete with engaging insights from the most recent research. I consider it to be a masterpiece!" Bradley R. Agle, The Marriott School, Brigham Young University "In Business Ethics: An Ethical Decision-Making Approach, Professor Schwartz illustrates how a few simple and insightful principles can help readers navigate between the financial, legal and moral pressures from employees, shareholders, and customers. This book's ingenuity is matched only by Schwartz's decades-long experience in guiding acting and prospective managers." Thomas Donaldson, The Wharton School of Business, University of Pennsylvania Business Ethics: An Ethical Decision-Making Approach presents a practical decision-making framework to aid in the identification, understanding, and resolution of the complex ethical dilemmas that arise in today's workplace. Early chapters explore a variety of corporate scandals and ethical crises that have transpired over the years--vivid reminders of the individual, organizational, and societal cost of failing to act ethically. An ethical decision-making framework is then put forth, with practical steps to help determine a proper ethical course of action when confronted with difficult choices in the workplace. Chapters then present powerful examples of situations taken from real-life business experiences faced by MBA students from around the world--from individual conflicts of interest, expense account padding, insider trading, and whistle-blowing to defective products, misleading financial statements, corporate espionage, bribery, and more. Concluding chapters offer practical guidance on how firms can establish formal ethical programs and, more importantly, instill and encourage a healthy and ethical corporate culture. Compelling, lucid, and timely, Business Ethics: An Ethical Decision-Making Approach illustrates how best to deal with the increasingly intricate ethical dilemmas that shape the 21st-century workplace.
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