Business Ethics: 5th Edition

Author: Hosmer
Publisher:
Publish Date: 2005-11-01
Features: The author, Professor R. Wayne Hosmer, is a renowned figure in the field of business ethics. As early as 1984, he taught the "Business Ethics" course at the University of Michigan.
Professor Hosmer believes that dilemmas often arise in management, where some may benefit greatly while others suffer significantly; the rights of some groups may be recognized, while the rights of others may be violated. When facing such dilemmas in management, how can one find a balance point that is "right," "just," and "fair"? In this book, Professor Hosmer proposes a concise analytical framework to address this issue. By following seven steps, readers can hope to resolve the ethical challenges that frequently perplex business professionals and achieve a shift from disunity to unity within the company.
This book moves beyond the trivial philosophical discussions of ethics and relies entirely on vivid real-life examples to explain business ethics. New cases include:
◎ Questions raised about the behavior of the Chairman of Tyco International Limited
◎ The September 11th terrorist attacks and victim compensation
◎ Martha Stewart and the sale of ImClone stock
◎ The retirement compensation issue of the Chairman of the New York Stock Exchange
◎ Enron, the company in need of reform.