This Nineteenth Edition of ANNUAL EDITIONS: BUSINESS ETHICS 07/08 provides convenient, inexpensive access to current articles selected from the best of the public press. Organizational features include: an annotated listing of selected World Wide Web sites; an annotated table of contents; a topic guide; a general introduction; brief overviews for each section; a topical index; and an instructor’s resource guide with testing materials. USING ANNUAL EDITIONS IN THE CLASSROOM is offered as a practical guide for instructors. ANNUAL EDITIONS titles are supported by our student website, www.mhcls.com/online.

Table of Contents:
Unit 1 Ethics, Values, and Social Responsibility in Business 1. 18234 Thinking Ethically: A Framework for Moral Decision Making, Manuel Velasquez et al, Issues in Ethics, Winter 1996Outlined here are key steps and five different approaches to dealing with moral issues and helping to resolve ethical dilemmas. 2. 41660 Business Ethics: Back to Basics, William I. Sauser, Jr., Society for Advancement of Management, 2005William Sauser gives an eight-point action list for establishing a strong ethical culture. He also provides a decision checklist when ethical dilemmas loom. 3. 45336 A Measure of Success? Ethics After Enron, Cheryl Rosen, Business-Ethics.com, Summer 2006Cheryl Rosen describes ways that the Enron case will likely affect discussions and decisions in corporate boardrooms for years to come. 4. 40025 The Ethics of Business, The Economist, January 22, 2005The Economist scrutinizes business ethics and management’s role in corporate social responsibility. 5. 38410 Why Good Leaders Do Bad Things, Charles D. Kerns, Graziadio Business Report, Fall 2003 In making ethical decisions, Charles Kerns advocates letting virtuous values guide one’s judgments while being aware of the mental games that can undermine ethical decision making. 6. 45316 Ethical Leadership, Ronald E. Berenbeim, Leadership Excellence, September 2006 For an example of ethical leadership, Ronald Berenbeim discusses the case of Jawaharlal Nehru. 7. 30220 Best Resources for Corporate Social Responsibility, Karen McNichol, Business Ethics , Summer 2001 In this Business Ethics journal, Karen McNichol provides a list of some of the best Web sites on corporate social responsibility. They are listed with addresses in this article.Unit 2 Ethical Issues and Dilemmas in the WorkplacePart A. Employee Rights and Duties 8. 45317 Your Privacy For Sale, Consumer Reports, October 2006 Consumer Reports investigates how our personal information is being bought, sold, and sometimes stolen. 9. 45318 Who’s Reading Your Office E-Mail? Is That Legal?, Chauncey M. DePree, Jr. and Rebecca K. Jude, Strategic Finance, April 2006 The authors examine the importance of management developing a policy to educate employees in the use of company e-mail and the Internet.Part B. Organizational Misconduct and Crime 10. 45319 The Great Data Heist, Daniel Roth and Stephanie Mehta, Fortune, May 16, 2005The authors probe into the world of identity theft and why corporations have a difficult time keeping their customers’ personal data secure. 11. 38413 Corruption: Causes and Cures, Joseph T. Wells, Journal of Accountancy, April 2003 The article reveals ways auditors can help deter bribery and kickbacks.Part C. Sexual Treatment of Employees 12. 41666 Gender Issues, Jennifer Gill, Inc. Magazine, April 2005 Jennifer Gill contends that smaller companies are particularly vulnerable to sex-discrimination lawsuits because they tend to have less structured atmospheres and are less likely to have sex-discrimination policies in place.Part D. Discrimination and Prejudicial Practices 13. 41667 The Under-Reported Impact of Age Discrimination and Its Threat to Business Vitality, Robert J. Grossman, Business Horizons, 2005 Robert Grossman examines how the Age Discrimination in Employment Act (ADEA) is credited with helping many blatant forms of age discrimination in employment. 14. 38415 Where Are the Women?, Linda Tischler, Fast Company , February 2004 Linda Tischler investigates why there are still so few women at the top when the managerial pipeline is stuffed with capable, talented female candidates for senior positions. 15. 45320 Pathways to Power, Lisa Takeuchi Cullen, Time Inside Business, December 2005 Minority women fill the executive suites as never before. Nevertheless there still remains a sense of frustration in businesswomen of color. The problematic stereotypes, the struggle to conform to a white male culture, and feelings that their lives outside the office are invisible to bosses and colleagues still remain. 16. 45321 Crippled by Their Culture, Thomas Sowell, The Wall Street Journal, April 26, 2005 Thomas Sowell scrutinizes what could explain large disparities of “representation” among three groups of blacks and analyzes the significance of different patterns of behavior and different cultures and values behind their behavior.Part E. Downsizing of the Work Force 17. 41669 50 and Fired, John Helyar, Fortune, May 16, 2005 Getting fired during one’s peak earning years has always been scary. John Helyar considers why today this is even worse than it was in the past.Part F. Whistleblowing in the Organization 18. 45322 Learning to Love Whistleblowers, Darren Dahl, Inc. Magazine, March 2006 Darren Dahl relates that some businesses that once feared whistleblowers are now giving workers new ways to report wrongdoing. 19. 41671 On Witnessing a Fraud, Don Soeken, Business Ethics, Summer 2004 A case is presented where saying “no” to the scam was easy, but deciding whether to report it was considerably harder.Part G. Handling Ethical Dilemmas at Work 20. 41672 Birth of the Ethics Industry, James C. Hyatt, Business Ethics, Summer 2005 James Hyatt reveals that there has been a recent mushrooming of attention to business ethics and the seeking of consultants to help companies as they struggle to cope with the complexities of Sarbanes-Oxley legislation, passed in 2002 in the wake of financial scandals. 21. 36270 Academic Values and the Lure of Profit, Derek Bok, The Chronicle of Higher Education , April 4, 2003 Derek Bok poses some thoughtful and challenging questions in this article: Just how far have individual sponsors gone in seeking to use higher-education institutions and professors for their own commercial ends? How willing have universities been to accept money at the cost of compromising values central to the academic enterprise? 22. 45323 When the Boss Trumps Internal Controls, Joseph T. Wells, Journal of Accountancy, February 2006 This article summarizes the heroic efforts of one CPA, without pay or outside staff (or experience in fraud detection), who helped bring down a powerful and arrogant college president. 23. 20140 The Parable of the Sadhu, Bowen H. McCoy, Harvard Business Review, May/June 1997 The parable presented in this reading has significance for managers as they encounter ethical dilemmas that involve merging the individual ethic (personal values) and the corporate ethic (organizational values) to make the best decisions within the corporate culture. Bowen McCoy stresses the importance of management agreeing on a process for dealing with dilemmas and conflicts of interest.Unit 3 Business and Society: Contemporary Ethical, Social, and Environmental IssuesPart A. Changing Perspectives in Business & Society 24. 38421 Does It Pay To Be Good?, A.J. Vogl, Across the Board, January/February 2003 Corporate citizenship represents a diffuse concept for many. However, according to A.J. Vogl, it generally speaks to companies voluntarily adopting a triple bottom line, one that takes into account social, economic, and environmental considerations as well as financial results. 25. 28029 Trust in the Marketplace, John E. Richardson and Linnea Bernard McCord, 2000 The a uthors scrutinize the significance of companies being cognizant of the precarious nature and powerful advantages of gaining and maintaining trust with their customers in the marketplace. 26. 45324 Employers Expand Elder-Care Benefits, M.P. McQueen, The Wall Street Journal, July 27, 2006 M.P. McQueen describes how more companies are offering time off, insurance, and home aides to caregivers to reduce employee absenteeism. 27. 45325 Office Romance: Are the Rules Changing?, Janet Lever, Gail Zellman, and Stephen J. Hirschfeld, Across the Board, March/April 2006 The authors delineate why executives and their HR teams need to face the fact that workplace romances may be on the rise, and find better ways of managing them to minimize negative consequences. 28. 45326 A Special Effort, Michael Corkery, The Wall Street Journal, November 14, 2005 Michael Corkery explains how Starbucks is reaching out to people with disabilities—both as employees and customers.Part B. Contemporary Ethical Issues 29. 41677 Eminent Domain: Is It Only Hope for Inner Cities?, Ryan Chittum, The Wall Street Journal, October 5, 2005 Ryan Chittum investigates the new attention given to eminent domain—the government’s power to force a landowner to sell property at what is considered to be a fair price. 30. 41707 The Decency Police, James Poniewozik, Time, March 28, 2005 Foes of TV smut are enjoying some victories. But who should decide what is too filthy to watch?Part C. Global Ethics 31. 22050 Values in Tension: Ethics Away From Home, Thomas Donaldson, Harvard Business Review, September/October 1996 Thomas Donaldson believes that even the best-informed, best-intentioned executives must rethink their assumptions about business practice in foreign settings. 32. 41679 Managing Ethically with Global Stakeholders: A Present and Future Challenge, Archie B. Carroll, Academy of Management Executive, 2004 Archie Carroll elucidates why global business ethics will demand cutting-edge thinking and practice as companies strive to expand their products, services, sales, and operations throughout the world. 33. 45327 Japan’s Diversity Problem, Ginny Parker Woods, The Wall Street Journal, October 24, 2005 In Japan, professional women face a set of socially complex issues—from over sexism to deep-seated attitudes about the division of labor. 34. 45328 How Barbie is Making Business a Little Better, Edward Iwata, USA Today, March 27, 2006 Corporations such as Mattel, Nike, and Home Depot are using their clout to improve working conditions around the world.Unit 4 Ethics and Social Responsibility in the MarketplacePart A. Marketing Strategy and Ethics 35. 30238 The Perils of Doing the Right Thing, Andrew W. Singer, Across the Board, October 2000 Andrew Singer discusses why a number of companies have discovered how difficult it is to do well by doing good. Some question whether ethical behavior makes any economic sense at all. 36. 41681 Is Marketing Ethics an Oxymoron?, Philip Kotler, Marketing Management, November/December 2004 Philip Kotler believes that marketers should be proud of their field since they have encouraged and promoted the development of many products and services that have benefited people worldwide. 37. 41682 Truth in Advertising: Rx Drug Ads Come of Age, Carol Rados, FDA Consumer , July/August 2004Direct-to-consumer (DTC) advertising of prescription drugs in its varied forms—is widely used throughout the United States. Carol Rados scrutinizes the educational and promotional effect these ads can have on consumers. 38. 45329 Marketing, Consumers and Technology: Perspectives for Enhancing Ethical Transactions, Gene R. Laczniak and Patrick E. Murphy, Business Ethics Quarterly, July 2006 The authors describe how the advance of technology has influenced marketing in a number of ways that have ethical implications. 39. 45330 Financial Scams Expected to Boom as Boomers Age, Kathy Chu, USA Today, February 6, 2006 Kathy Chu relates how seniors are often the hardest hit by aggressive sales pitches and fraud. 40. 45331 Lies, Damn Lies, and Word of Mouth, Mike Hofman, Inc. Magazine, April 2006 Mike Hofman explores how word-of-mouth marketers are in demand—and worried about their reputation.Part B. Ethical Practices in the Marketplace 41. 15249 Managing for Organizational Integrity, Lynn Sharp Paine, Harvard Business Review, March/April 1994 Lynn Sharp Paine advocates the idea that, by supporting ethically sound behavior, managers can strengthen the relationships and reputations that their companies depend on. 42. 45333 Pssssst! Have You Tasted This?, Barbara Correa, The Wall Street Journal, October 15, 2006Advertisers are unable to reach consumers with traditional television, magazine, and newspaper ads in a very stratified marketing environment. So, according to Barbara Correa, they are turning to women—well-connected moms whose opinions are valued within their peer groups. 43. 45334 Swagland, David Weddle, Los Angeles Times Magazine, January 16, 2005 Some ethicists argue that the proliferation of swag has undercut the integrity of the press and has blurred the lines between advertising and editorial and encouraged some publications to mislead their readership.Unit 5 Developing the Future Ethos and Social Responsibility of Business 44. 45072 Creating an Ethical Culture, David Gebler, Strategic Finance, May 2006 David Gebler examines how values-based ethics programs can help employees judge right from wrong. 45. 41686 Hiring Character, Dana Telford and Adrian Gostick, Integrity Works, June 2005 In an excerpt from Dana Telford and Adrian Gostick’s new book, Integrity Works, they present a look at business leader Warren Buffett’s practice of hiring people based on their integrity. 46. 45335 The Greening of Work, Roger Vincent, Los Angeles Times, August 27, 2006 Roger Vincent discusses how employers are making workplaces environmentally friendly. The result, firms say: energy savings, better morale, and even higher productivity. 47. 42503 The True Measure of a CEO, James O’Toole, Across the Board, September/October 2005 James O’Toole elucidates how Aristotle provides us with a set of ethical questions to determine the extent to which an organization provides an environment conducive to human growth and fulfillment.