Assignments: For JoyMercy Only Please
ANNOTATED BIBLIOGRAPHY ON BUSINESS ETHICS AND SCANDAL
Alexander, B.(2011). Corporate Governance and Business Ethics. Dordrecht; New York: Springer.
Alexander tries to bring out the immoral behavior seen by the corporate society. Alexander argues that all corporations should be held responsible for more than profit maximization. The author maintains that debate over outsourcing in corporate business is outsourced because the matter is not globalized but the nations do allocate the benefits of economic integration. Alexander therefore suggests some policies that can help the disadvantaged workers in business.
Chris, P.(2000). Ethics Deception and Labour Negotiations, Journal of Business Ethics, Vol.28.pp.145-158. Klwuer Academic Publishers: Netherlands.
According to Chris, use of deception in negotiation is unethical. He argues that the use of deception as a way of achieving one’s goals is not ethically right because it involves hiding information from the other party during negotiation process .According to him this is not right because it can have an effect on the actions of the other party or even affect their interests. He further rejects the traditional arguments that negotiation is unique to itself and is therefore not subject to the moral constraints as compared to other forms of human behavior. Chris advocates for honesty during negotiations because it influences the outcome and the actins there after.
Harriet, K.,(2014). Corruption in Business. The Responsible Business Summit. London: UK.
Harriet Kemp in the 2014 Responsible summit noted that companies should set very high ethical standard and provide the support needed for the employees to follow so as to avoid so many business ethical scandal.
The article describes the effects of corruption on society which are well documented. This means that corruption represents an obstacle to democracy and the rule of law politically. On the other hand corruption also depletes a country’s wealth because all the resources are diverted to the corrupt officials and corrupt businessmen’s pockets. Finally any business ethics scandal that involves corruption creates an imbalance in the manner in which business is done.
Joseph T.G,(2000). Sorrow and Guilt: An Ethical Analysis of Layoffs. SAM Advanced Management Journal (Vol, 65).
The author says that ethical bribery and corruption are among the rising issues in the business ethics scandals. Joseph seconds Harvard Business School professor Bill George by conquering with him that ethics in business has to be global and not local when making his case the situational ethics. Joseph gives an example of Siemens using $2 billion in bribes which in turn it damages the institution when the scandal is fully investigated and discovered.
The scandal therefore led to the fall of Siemens just because of the greed to acquire or secure a few contracts overseas.
Michigan, R., Schipan, C. & David, M., 2014).The FIFA Scandal: Ethics, Cost & Relativism. Sports Journal. Vol .53:150-163., United States.
Michigan Ross Faculty have studied comprehensively corporate scandals say that unchecked power and rationalization is a recipe for corruption. Secondly, a powerful organization may have lost its ethical compass and the society pays the price. Michigan Ross and Professor David Meyer argue that cultural relativism is made simple by FIFA leadership to rationalize behavior while a feeling of invulnerability kept it going. The FIFA organization has since held immense power over the world’s most popular sport. Professor David continue saying that with the little oversight, huge incentives and a domain focused very little on morality, definitely results to a great range of corruption and the society is compelled to pay for its cost on development.
David describes a scandal in FIFA where countries offer bribery of millions of dollars to gain some favors. “The money should have been invested in their counties to assist their citizens was wasted”., says Schipani, professor of business law.
Ono, Michael. Abcnews.go.com. 8 High- Profile Scandals in 5 Months. Retrieved September 14, 2015 from: http://abcnews.go.com/Business/high-profile-financial-scandals-months/story?id=17023140
In the past five months there has been scandals connecting high profile corporations in the sector. In 2010 Congress passed financial reforms but it seems the scandals seem to still present themselves in corrupt manners. Illegal transactions and accounts of fraud are continuing to sweep across the world.
Getnick, Neil (2013). ibtimes.com. In Wake of Corporate Scandals. Retrieved September 14, 2015 from: http://www.ibtimes.com/fighting-words/wake-corporate-scandals-reminder-integrity-good-business-1402617
The author takes a deeper look into what employees should be doing as well as company's in general. Establishing and stabilizing employee programs to better assist them if a scandal was to appear on the scene and also assist the employee with a business program that can enable training and promote long term success in the environment.
Lipworth, Wendy and Kerridge, Ian ( 2013). theconversation.com. China's phrma scandal. Retrieved September 14, 2015 from: http://theconversation.com/chinas-pharma-scandal-and-the-ethics-of-the-global-drug-market-16424
Looking into the corruption of pharmaceutical companies in China companies that operate in the country. Investigators are barreling down on the production of prescription pharmaceutical drugs.