Note: This syllabus is intended to give the student guidance in what may be covered during the semester and will be followed as closely as possible. However, the professor reserves the right to modify, supplement and make changes as the course needs arise.
Week 1: Introduction: Perspectives, Businesses, and Ethics
Tues: Introduction to Course
Thurs: Ferrell & Ferrell. “The Importance of Business Ethics” & Valerie Strauss, “The Surprising Thing Google Learned about its Employees--and What It Means for Today's Students”
Week 2: Cases, Intuitions, Principles, and Applications
Tues: Patrick Lin, “Why Ethics Matters for Autonomous Cars”
Thurs: Bethany McLean, “How Wells Fargo's Cutthroat Corporate Culture Allegedly Drove Bankers to Fraud”
Week 3: Ethics, Firms, and Shareholders
Tues: Milton Friedman, “The Social Responsibility of Business is to Increase its Profits”
Thurs: Joseph Heath, “A Market Failures Approach to Business Ethics”
Week 4: Stakeholder Theory & Analysis
Tues: Edward Freeman, “Business is about purpose”(18min.); Freeman, "Managing for Stakeholders”
Thurs: Urban & Sawayda. “Starbuck's Mission Social Responsibility & Brand Strength”; Bdaiwi, Yaman. “Stakeholder Analysis using the Power Interest Grid”; Stakeholdermap.com. "Stakeholder Analysis”
Week 5: Utilitarianism & Respect for Persons
Tues: Joseph DesJardines, “Modern Ethical Theory: Utilitarianism" & Saylor Academy, “Can Money Buy Utilitarian Happiness? The Ford Pinto Case”
Thurs: Joseph DesJardines, “Principle-Based Ethics”; Excerpts from Arnold & Bowie's “Sweatshops and Respect for Persons”
Week 6: Virtue Ethics
Tues: Joseph DesJardines, “Virtues and Business Ethics”; Peter Bregman, “Why Friends Matter at Work and in Life”
Thurs: [To be announced]
Week 7: Distributive Justice
Tues: Robert Nozick, “Distributive Justice” (Section I)
Thurs: John Rawls, A Theory of Justice (Sections 1-4, 10-13, 17)
Week 8: Regulation & Design Thinking
Tues: Kenneth Davis, “Big Pharma Has Broken Its Social Contract: How to Restore Fairness in Drug Pricing”; Anne Marie Knott, “The Real Reasons Companies Are So Focused on the Short Term”
Thurs: Brown & Wyatt, "Design Thinking for Social Innovation”
Week 9: Ethical Responsibility, & Creating Shared Value
Tues: Porter & Kramer, “Creating Shared Value"
Thurs: Stewart, “The world's largest investment firm wants corporations to 'service a social purpose’”; Newell, “How Nike Embraced CSR and Went From Villain to Hero”; & 3 short readings from Armstrong & Kotler: “Patagonia: Conscious Consumption: Telling Consumers to Buy Less”; “Sustainability at Unilever, 'Creating a Better Future Every Day'”; “Toms: Be the Change You Want to See in the World”
Week 10: Discrimination and Sexual Harassment
Tues: Elizabeth Anderson, “Recent Thinking About Sexual Harassment: A Review Essay”
Thurs: Marianne Bertrand and Sendhil Mullainthan, “Are Greg and Emily More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination” (Introduction, Sections IIIA, IVA, V)
Week 11: Ethical Responsibility and Sustainable Development
Tues: “Business, Investments, and the SDGs: A Powerful Opportunity for Shared Prosperity.” Intentional Endowments Network, “The Business Case for ESG"; Unruh et al., “Investing for a Sustainable Future: Investors Care More about Sustainability than Many Executives Believe"; PWC's “Navigating the SDGs: A Business Guide to Engaging with the UN Global Goals" pages 6 & 7: Introduction (including the stuff in the red box)
Thurs: Michael Porter, "Why Business Can Be Good at Solving Social Problems" (17m)
Week 12: Business & Toxic Cultures
Tues: Sonia van Gilder Cooke, “Bon Voyage!: Why Europe's Vaction-Loving Ways May Make Economic Sense”; Minda Zetlin, “Take your vacation and everyone benefits"; Will Yakowicz, “Why You Need to Encourage Employees to Use Their Vacation Time”; Geoffrey James, “New Research: Most Salaried Employees Only Do About 3 Hours of Real Work Each Day” from 2018
Thurs: Mac McClelland, “I was a Warehouse Wage Slave”
Week 13: Importance of Business Culture
Tues: Carl Hoffman, “Special Report: Why the BP Oil Rig Blowout Happened”
Thurs: Edgar Schein, “The Learning Culture and the Learning Leader” (p365-373); Armstrong, “3M: Where Innovation is a Way of Life”; & Rosenbaum, “Happiness Culture: Zappos Isn't a Company--It's a Mission”
Week 14: Importance of Business Culture
Tues. & Thurs: Wrapping up & Final Exam Review