Business Law, Public Responsibility, and Ethics Commons^™

Análisis De La Sostenibilidad Del Proyecto De Producción Y Venta De Huevos De La Granja Nueva Vida, Guatemala, Maria R. Ibanez

Maria Ibanez

El presente documento analiza la sostenibilidad del proyecto de producción y venta de huevos de la Casa Nueva Vida, localizada en las cercanías de Santa Cruz de Quiché, Guatemala. En el primer apartado, se presentan los resultados del análisis financiero, en el segundo, el estudio de mercado, y en el tercero, las recomendaciones. Finalmente, se recogen las conclusiones del informe.

The Psychology Of Money: Beyond Behavioral Finance, Cicily Maton, William Marty Martin

William Marty Martin

Behavioral finance has attracted the attention of both academics and practitioners. This article explores the roots of behavioral finance, psychology, and showns how these principles are actually used in practice.

Rebuilding The Foundation: Reestablishing Ethics In The Accounting Professsion, Chad P. Laughlin

Senior Honors Theses

Today’s business world has become increasingly diverse in its view of ethics. This lack of objective decision-making has been made clear through the scandals and questionable accounting methods in recent years. In light of these instances, the accounting profession has taken steps to regain and ensure the public’s trust, which the profession relies on. In the absence of ethical practices, the profession loses its trustworthiness and reliability. This paper will discuss the key role of ethics in accounting and the efforts that have been made in the past and are being made currently to ensure that this vital component is …

Sarbanes Oxley Act Of 2002: Will It Be Effective In Preventing Another Enron Scandal?, Scott W. Eichar

Senior Honors Theses

The Sarbanes-Oxley Act of 2002 (SOX) was introduced to Congress as a result of the deceit and fraud taking place at Enron in December of 2001. The three factors that led to the scandal were Enron’s weak internal control, misleading off-balance sheet entities, and conflicting interests between Enron’s employees and their chief auditor, Arthur Andersen. The provisions of SOX were established, in part, to strengthen internal control, require proper disclosure for special purpose entities, and eliminate conflicts of interests between a firm and its auditors. The purpose of this paper is to measure the effectiveness of these implementations to prevent …

Flying The Pirate Flag: Understanding The Fight Against And Prevalence Of The Internet Gift Economy, Zachary G. O'Leary

Pell Scholars and Senior Theses

The number of citizens affected by common internet access makes arguments over its governance of primary concern to all. Peer-to-peer file sharing, oftentimes allowing for copyright infringement, is currently a major use of internet infrastructure. A review of the legislative and technological attempts to prevent such infringement, as well as the reasoning behind its prevalence, provides insight into the tension created by present intellectual property rights; this is a tension between those it intends to protect and to reward.

The Injustice Of Justice: The Pursuit Of A Harmonious, Just, And Merciful World, Robert W. Boyle

Pell Scholars and Senior Theses

There is no one universal definition of Justice. Such a limited view of right and wrong conflicts with our infinitely diverse world. The key to a harmonious global community is that justice is malleable and fluid, similar to water, where it can take the shape of its environment while still retaining the properties of fundamental rights. Our world will never come to a universal agreement on justice, due to the deeply embedded cultural beliefs and differing views, so a single understanding of justice is impossible. If the world can have a baseline understanding of right and wrong and the flexibility …

The Impact Of Terrorism On Business, Michael D. Larobina, Richard L. Pate

WCBT Faculty Publications

Terrorism has in one form or another been a part of society throughout history. Since the September 11, 2001 attacks in New York, the world community has been more focused on terrorism than ever before in most recent modern history. Terrorism has impacted multiple levels of society across the world community. One of those levels is the business environment. A specific aim of terrorism is to disrupt and destroy ongoing businesses. Therefore, the ability of governments to disrupt and destroy terrorism is essential to the continued growth and expansion of the world economy. Terrorism will directly impact a country's ability …

Learn This Lesson: We Really Can't Have It All, Aaron W. Hughey

Counseling & Student Affairs Faculty Publications

No abstract provided.

Bankruptcy Or Bailouts?, Kenneth M. Ayotte, David A. Skeel Jr.

All Faculty Scholarship

The usual reaction if one mentions bankruptcy as a mechanism for addressing a financial institution’s default is incredulity. Those who favor the rescue of troubled financial institutions, and even those who prefer that their assets be promptly sold to a healthier institution, treat bankruptcy as anathema. Everyone seems to agree that nothing good can come from bankruptcy. Indeed, the Chapter 11 filing by Lehman Brothers has been singled out by many the primary cause of the severe economic and financial contraction that followed, and proof that bankruptcy is disorderly and ineffective. As a result, ad-hoc rescue lending to avoid bankruptcy …

The Association Between Institutional Ownership And Audit Properties, Soongsoo Han, Tony Kang, Lynn Reesc

Research Collection School Of Accountancy

In this study, we examine how institutional ownership affects the quality and riskiness of the financial statement audit. We hypothesize that institutional investors can influence corporate policy to employ governance mechanisms that reduce their monitoring costs. Our evidence shows that firms are more likely to hire a Big 4 auditor (our proxy for audit quality) when long-term institutional ownership is high, suggesting that long-term institutional investors view high quality audits as a viable means of improving corporate governance while reducing their direct monitoring costs. We find no association between auditor choice and short-term institutional ownership. Next, we find that auditors …

Cv March 2009, Byron W. Keating

Dr Byron W. Keating

No abstract provided.

Ethics In Publishing, Susan R. Madsen

Susan R. Madsen

The primary purpose of this innovative session is to provide HRD faculty, administrators, and graduate students the forum to listen to panelists and then discuss current issues and challenges related to the ethical decision-making and behavior of researchers and scholars as it relates to publishing. It will provide attendees the opportunity to challenge behaviors and practices commonly seen and held within this arena. I (Susan R. Madsen) just faciliated a very successful session at the Academy of Management in Anaheim (August, 2008) on this topic and realized that we need the same conversation (different panelists) in the AHRD. In fact, …

Taxonomy Of Business Ethics Theories, Grace S. Thomson

Dr. Grace S. Thomson

An increasing interest on ethics in business has resulted in a fruitful production of scholarly research that provides business leaders and decision-makers with references to bridge theory and practice (Cherry, Lee, and Chien, 2003). For an effective application of business ethics theories, it is necessary to comprehend their domains, their external and internal logic, and the specific applications to the ethical issues under analysis (Wempe, 2008).

This document presents a taxonomy of 11 ethical theories applied to business ethics that incorporate grounded theory and conceptual frameworks. As a basis for the construction of this taxonomy, the selection of the theories …

Healthcare Could Your Organization Save Money With Complementary And Alternative Medicine?, William Martin, Hugh Long

Publications – Dreihaus College of Business

Some evidence suggests complementary and alternative medicine could reduce costs and improve efficiency while increasing patient satisfaction.

Health Professionals’ Roles In Animal Agriculture, Climate Change, And Human Health, Aysha Z. Akhtar, Michael Greger, Hope Ferdowsian, Erica Frank

Human Health Collection

What we eat is rapidly becoming an issue of global concern. With food shortages, the rise in chronic disease, and global warming, the impact of our dietary choices seems more relevant today than ever. Globally, a transition is taking place toward greater consumption of foods of animal origin, in lieu of plantbased diets. With this transition comes intensification of animal agriculture that in turn is associated with the emergence of zoonotic infectious diseases, environmental degradation, and the epidemics of chronic disease and obesity. Health professionals should be aware of these trends and consider them as they promote healthier and more …

Special Edition Of Journal Of Business Ethics, Marilynn P. Fleckenstein Ph.D., Patrick Flanagan, Victoria Shoaf Ph.D., Patricia Werhane Ph.D.

Patrick Flanagan

DePaul University hosted the 14th Annual International Conference Promoting Business Ethics, at The Standard Club in Chicago, November 1–3, 2007. Academic and business leaders came together to explore the important ethical issues facing the business community in the twenty-first century. The articles in this special volume of The Journal of Business Ethics have been selected from the many presentations at this conference. Sponsored annually by the Vincentian Universities in the United States (DePaul University, in Chicago, Illinois; Niagara University in Niagara Falls, NY; and St. John’s University in Queens, NY) this conference promotes the mission of St. Vincent DePaul, the …

Healthcare Could Your Organization Save Money With Complementary And Alternative Medicine?, William Martin, Hugh Long

William Marty Martin

Some evidence suggests complementary and alternative medicine could reduce costs and improve efficiency while increasing patient satisfaction.

The Social And Moral Responsibility Of U.S. Americans To Assist In Buildling Human Capacity Throughout The World, Steve Gibson, Susan R. Madsen, Douglas Jackson, Troy Holmberg

Susan R. Madsen

There are many individuals throughout the world, particularly in developing nations, who are unable to obtain the education and training necessary to support themselves and families. Needless to say, most of these people will never be able to reach their full human potential. Although more and more U.S. citizens and agencies are interested in becoming involved in initiatives focused on helping others in these countries, there is still much that should be done. This presentation argues that it is the social and moral responsibility of those who have the means and education to assist in building human capacity throughout the …

Csr Singapore Style, Thomas Thomas

Social Space

How well have Singapore companies embraced CSR beyond merely obeying national policies and laws? Thomas Thomas surveys the local CSR landscape and examines the current state of affairs.

Social Enterprise: A Moral Framework For Leadership And Excellence?, Kevin Teo, Leng Leroy Lim

Social Space

We are in the midst of a global socio-economic transition and the way we think about the economy is changing. Here, Kevin Teo and Leng Leroy Lim trace the ideas and movements that have shaped beliefs about economics, business, and leadership, then challenge these assumptions to advance a new moral ethos for a new age.

A Response To Bruni And Sugden, Julie A. Nelson

Economics Faculty Publication Series

An article by Luigino Bruni and Robert Sugden published in this journal argues that market relations contain elements of what they call ‘fraternity’. This Response demonstrates that my own views on interpersonal relations and markets – which originated in the feminist analysis of caring labour – are far closer to Bruni and Sugden's than they acknowledge in their article, and goes on to discuss additional important dimensions of sociality that they neglect.

Tobacco Politics And Electoral Accountability In The United States, Per G. Fredriksson, Khawaja Mamun

WCBT Working Papers

This paper investigates whether reputation-building strategies guide U.S. governors’ state cigarette tax choices, and whether the federal cigarette tax influences such behavior. Using 1975-2000 data, we find evidence that governors in states with relatively important agricultural tobacco production and tobacco manufacturing, and which are densely populated by smokers, appear prone to reputation-building. Moreover, lame ducks are more prone to raise the state cigarette tax the lower the federal tax.

Trade Usage And Disclaiming Consequential Damages: The Implications For Just-In-Time Purchasing, Robert B. Bennett

Scholarship and Professional Work - Business

This article reports on trade, business, and industries in Japan in 2009. The article discusses industrial changes and growth in Japan, noting aspects of manufacturing such as marketing, purchasing, accounting, and human resources management. The article also describes the production management technique Just-In-Time (JIT) which emphasizes demand, limited production runs, quick setup, quality control, and reduced inventory and waste. Information is also provided on supply contracts, damages, lawsuits, and appeals.

The Apollo Fallacy And Its Effect On U.S. Energy Policy, Peter Z. Grossman

Scholarship and Professional Work - Business

US Policy makers have made continual references to the Apollo Program as a model for development of alternative energy technologies. This model, however, is inappropriate for energy policy, and its use is termed the Apollo fallacy. The goal of the Apollo Program was the demonstration of engineering prowess while any alternative energy technology must succeed in the marketplace. Several Apollo-like energy programs have been tried and all have failed at high cost. It is argued that the use of Apollo has political benefits but that it is detrimental to the adoption of potentially effective energy policies.

"Islamic Banking And Finance: Moral Beliefs And Business Practices At Work", Karen Ahmed

Publications – Dreihaus College of Business

The religion of Islam has existed for 1400 years but Islamic economic theory and its financial institutions emerged as an industry only in the 1970s. Islamic financial institutions (IFIs) are designed to help Muslims conduct business internationally while simultaneously upholding traditional Islamic values related to trade finance and currency movement. The basis for their existence is the Islamic moral prohibition on charging interest—interest is a central component of capitalist banking—yet IFIs conduct billions of dollars of business annually in the world economy and the de facto Islamic banking transaction is—in most cases—virtually identical to a capitalist banking transaction. Business practices …

Chicago Islamic Microfinance Project, Karen Ahmed, Cynthia Shawamreh

Publications – Dreihaus College of Business

No abstract provided.

Where Is Islamic Finance Going? Ethical Investment Strategies, Karen Ahmed

Publications – Dreihaus College of Business

No abstract provided.

What Does Islamic Finance Want To Be When It Grows Up?, Karen Ahmed

Publications – Dreihaus College of Business

No abstract provided.

The Rise Of Private Equity Media Ownership In The United States: A Public Interest Perspective, Matthew Crain

Publications and Research

This article examines the logic, scope, and implications of the influx of private equity takeovers in the United States media sector in the last decade. The strategies and aims of private equity firms are explained in the context of the financial landscape that has allowed them to flourish; their aggressive expansion into media ownership is outlined in detail. Particular attention is paid to the public interest concerns raised by private equity media ownership relating to the frenzied nature of the buyout market, profit maximization strategies, and the heavy debt burdens imposed on acquired firms. The article concludes with discussion of …

Food Safety And The Role Of The Government: Implications For Csr Policies In China, R Dellios, Xiaohua Yang, N K. Yilmaz

Economics, Law, and International Business

This study investigates food scandals and the role of government in corporate social responsibility (CSR) in the food industry and explores strategies for the Chinese government to tackle the food safety problems that abound in China. Based on the theoretical discussion of four types of CSR and the empirical evidence from four case studies, we argue that government influence on CSR in the food industry is determined by the intensity and salience of its own behavior and actions including regulations. We further believe that a balanced CSR strategy covering economic, legal, ethical and philanthropic considerations would work best for China. …