Business Ethics and Ethical Business

• PREFACE ; PART I. THE ROLE OF BUSINESS IN A FREE DEMOCRACY ; 1. TWO DEMOCRATIC TRADITIONS ; Foundations of Capitalism ; Two Conceptions of Democracy ; 2. THE RIGHTS AND SOCIAL RESPONSIBILITIES OF BUSINESS ; The Moral Rights of Businesses ; A Proposal for Justifying Inequalities in Free Democracies ; Determining Ethical Obligations: Some Major Approaches ; Ethical Obligation and Legal Requirements ; 3. THE CONSTITUENCIES OF ETHICAL BUSINESS ; The Scope of Ownership Rights ; The Interests of Stockholders ; The Multiple-Constituency View of the Corporation ; Constituents as "Stakeholders" ; 4. A FRAMEWORK FOR MAKING ETHICAL DECISIONS ; Common-sense Ethical Principles ; A Five-step Model for Making Difficult Ethical Decisions ; 5. ETHICAL BUSINESS, ENVIRONMENTAL RESPONSIBILITY, AND SUSTAINABILITY ; The Value of the Environment ; The Ethical Importance of Future Generations ; The Ideal of Sustainability ; 6. MARKETING: PRODUCT, TARGET, AND IMAGE ; Some Major Dimensions of Marketing Ethics ; Five Types of Ethical Problems in Marketing ; Insincerity, Deception, and Manipulation in Marketing ; Advertising and the Limits of Persuasive Representation ; The Ethics of Creating Desire ; The Interdependence of Marketing and Manufacturing Decisions ; Advertising and the Human Image ; 7. THE ETHICS OF FINANCIAL REPRESENTATION ; The Centrality of Accounting in Capitalist Democracies ; The Public Representation of Financial Positions ; Judgment, Clarity, and Conflicts of Interest in Accounting ; PART II. THE ETHICS OF INTERNAL MANAGEMENT ; 8. HIRING POLICIES AND COMPENSATION STANDARDS ; Preferential Hiring and Affirmative Action ; Rationales for Affirmative Action ; Promotion and Remuneration ; Qualifications and Merit ; Executive Compensation ; An Approach to Fairness in CEO Compensation ; 9. CONDITIONS OF EMPLOYMENT AND CODES OF ETHICS ; Safety, Risk, and Informed Consent ; Whistleblowing ; Healthcare Obligations and Responsibilities ; Privacy in Employment ; Private Lives and the Movable Workplace ; Company Codes and Mission Statements ; 10. RELIGION IN THE WORKPLACE ; Church-state Separation as a Starting Point in Employment ; Some Applications to Managerial Policy Questions ; Religion in Large Public Companies ; Demonstrative Affiliation in Employment ; 11. MANAGERIAL LEADERSHIP AND CORPORATE CULTURE ; Corporate Culture, Ethos, and Ethics ; Managerial Hierarchy and its Limitations ; Leadership Versus Power ; Ethical Leadership and Leadership in Ethics ; Meaningful Work and the Creation of Value ; PART III. ETHICAL PROBLEMS OF GLOBAL BUSINESS ; 12. INTERNATIONAL TRADE AND CROSS-CULTURAL STANDARDS ; Intercultural Understanding ; Child Labor ; Gift-giving in Business ; Gift-giving Versus Bribery ; 13. NATIONALITY, INTERNATIONAL BUSINESS ETHICS, AND COSMOPOLITANISM ; Outsourcing ; Cultural Adaptation, Relativity, and Standards of Negotiation ; Ethical Limits in Negotiation Strategies ; The Relation between Ethics and Law ; Intellectual Property, Technology Transfer, and Porous Borders ; Ethics and Law in International Business ; International Cooperation and Cosmopolitanism ; 14. CONCLUSION

Business Ethics and Ethical Business is philosophically sophisticated and yet written in admirably clear prose. This is a virtuoso performance by one of the most distinguished scholars in the field of business ethics.