Ethical Dilemmas in the Modern Corporation
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Summary
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This challenging and engaging approach to ethical and social issues is rich in concrete, real-world examples and cases as it examines responsible business behavior and contrasts it with less responsible policies and actions. Cavanagh and McGovern present two sets of values-social values that look to the good of society as a whole and traditional business values that focus more on self-interest, competition, and profit. The authors argue that both sets of values should be considered whenever business policies or governmental economic policies are being formulated. Ethical norms are presented and used to evaluate current issues such as: * worker participation * union-management relations * military contracts * lobbying the government and political action committees * advertising cigarettes * infant formula * children's TV * new jobs and plant closings * government regulations * nuclear power * returnable containers * toxic waste disposal and clean sites * operations in less developed countries and in South Africa * takeovers * greenmail.
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