Proposal for Annotated Bibliography on Business Ethics

Published: 2021-07-02 04:08:23
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Category: Business Ethics, Enron

Type of paper: Essay

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There are many different opinions in todays world about the necessity and importance of implementing a business ethics oath for all who wish to work in the corporate world. Society would greatly benefit from the implementation of a business ethics pledge being sworn by everyone who graduates from business school. Corporate greed would start to dwindle and there would be many more moral and ethical leaders in todays corporations.
A business ethics pledge would help start corporate culture within todays leading businesses which can help not only keep a corporation ethical but help them to succeed financially and with their sustainability.
In this article, Al Gini describes how the ethics f leadership affect the ethics of the workplace and helps to form the ethical choices and decisions of the workers in the workplace.

Gini goes on to explain that the central problem of ethics in business today Schweiger 2 is the absence of positive moral leadership and the neglected development of a moral culture within the corporation. He credits these problems for the rise in corporate greed and unethical behavior that occurs in todays society and economy. Gini describes how in todays world the availability and opportunity to express corporate greed has grown extensively due to the lack of moral leadership and a ethical corporate culture. Wayne, Leslie. “A Promise to be Ethical in an Era of Immortality. The New York Times (2009). In this article, Leslie Wayne presents the idea that todays generations very different from yesterdays. Today students are more concerned about how corporations affect the community, the lives of its workers, and the environment. They are still concerned with making money just like any other businessmen, but not at the expense of others and not unethically. Wayne tells in this article how some schools have already made a business ethics pledge mandatory for all students, and how some students at other schools are taking the pledge by choice.
Wayne provides good arguments and supports them with evidence for why business ethics pledges should be constitutionalized and taken by all entering the corporate world.
In this article, by Ronald R. Sims, Brinkmann, and Johannes, the topical issue is the Enron Scandal that occurs in 2001. The authors provide different viewpoints of the scandal and point out that in the eyes of the executive managers of Enron, their actions where completely ethical and legal.
In fact, before 2001, Enron was actually praised for being an excellent corporate citizen and for obtaining a high standard of business ethics. Sims, Brinkmann, and Johannes suggest that some corporations look ethical to the public but in fact commit many violations of what is today called common business ethics.
In this article, Nathan A. Heller, and Victor L. Heller identify their shared views on the failure of business schools to provide graduates with the ethical skills they need to be a responsible and educated leader. Heller and Heller define business ethics as how individuals, at all levels of the organization, make decisions and live their lives according to a standard of right and wrong behavior.
They observe the fact that business schools take pride and market success of their graduates, but fail to take responsibility, for their ethical failures. Heller and Heller believe that business schools have encouraged their students to focus too much on analytical skills in order to maximize profits at all costs without consideration of the ethical implications of their actions.
In this article, Norman Bowie, former president of the Society for Business Ethics (SBE), develops reasons for the reoccurring lack of business ethics in todays society. Bowie credits mostly the fact that when business is booming, that business ethics seem to erode and businessmen don’t seem to mind walking all over others. He also identifies that lack of business ethics, particularly within the top level executives, to be the major downfall of the last decade resulting in events like the Enron Era and the Wall Street Financial Scandal of 2008.
This is and interesting article which identifies the problem areas and lack of business ethics and can be greatly expanded on.
In this article, George G. Brenkert expresses his beliefs that schools of business must play a more active role in directing the thinking of future managers to more ethical business behavior.
He goes on to say that instead of focusing on profit maximization, businesses should focus on making meaningful work for employees. Brenkert identifies the fact that many businesses still have not accepted moral responsibility for the Wall Street crisis of 2008, ad some even go as for to blame the federal reserve and the government instead of looking in the mirror. He believes that businesses must foster a higher level of ethical behavior in order to avoid repeating this same financial crisis the future.

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