Business Ethics and Corporate Social Responsibility Cedric Dawkins, Ph.D Introduction: Apples or Barrels? 1 3 PA R T I - P U R P O S E 2 Part I I - ST RUCT URE • My first two employers – raises a question... • Who's here • Apples and barrels (how do we frame your • eClass and syllabus moral and ethical thinking)? • In-person and Zoom • Why Business Ethics? • Debate topics and teams • Why me? Professional credentials PA R T I I I - O P E N I N G E X E R C I S E • Was Dennis' decision ethical? • What do you think of his 'new' policy regarding socializing at work? • Why was his father comfortable while he was uncomfortable? AGENDA – CLASS SESSION 1 Why Me? Associate Professor of Management at York University in Toronto Canada. Previously, he was Associate Professor and Chair Management at Loyola University Chicago and held the William A. Black Chair in Commerce at Dalhousie University in Halifax, Nova Scotia. His research focuses critically on business ethics and workers’ rights, and appears primarily in the business ethics journals, such as Business & Society, the Journal of Business Ethics, and Business Ethics Quarterly, Current projects examine the role of multi stakeholder initiatives—particularly those comprised of NGOs, civil society organizations, and labor unions—in developing labor governance structures for global supply chains. Education • PH.D. Ohio State University: Labor and Human Resources Experience • Associate Editor, Business Ethics Quarterly • Varied Teaching Ex perience in Hig her Ed • Sales Manag ement: The Prudential, New Eng land Financial Group Fun • Ex cellent Ping Pong Player Criticisms of Business Ethics Moral character is static • • L yn d o n B. Jo h n s o n Br o w n v Bo ar d o f E d u c at io n It's inde t er m i na n t • Disagreements about theory but conclusions converge • It's Impract ica l • R e ad in g s an d d is c u s s io n r e in f o r c e s v alu e s an d b r in g s c lar it y • Pr in c ip le s f o r n e w s it u at io n s • Wax o n w ax o f f – n o r m at iv e ap p r o ac h Avoid harm and promote wellbeing • Justify coercion • Discrimination and deception are generally wrong Myth #1 It's Easy to be Ethical Ethical decisions are complex Organizational context brings additional pressures Making ethical choices often requires extra steps and consideration. Not all situations have a clear right or wrong action. Simple tests (smell, tell mom, newspaper) Influences relation between moral judgment and action Conflicting values (child labor, payday loans) Ethics evolve over time Awareness, preparation, judgment (motivation, integrity) e.g., "the irrefutable logic of results” W hi l e b e i ng e thi cal i s an ad mi rab l e g oal , i t can b e chal l e ng i ng to determi ne what i s ri ght and make the right choices. Myth #2 Unethical Behavior in Business Results from 'Bad Apples' Wells Fargo and Rogue Bank Tellers Joseph Jett v Kidder Peabody (General Electric ) 1. 1991 - $500,000 2. 1992 - $2.3 mil 3. 1993 - $9.2 mil Morality i s compl ex wi th many sources, leading to disagreement, b ut a common moral i ty may e x i st. Ethical principles and codes of conduct are what allow for a system of exchange to flourish over long periods of time. Socrates -- ‘honor among thieves’ ¨ ¤ Pirates – ‘the Code’ ¤ Mafia – ‘the Mattresses’ ¤ The Wire – ‘never on no Sunday ’ • • • • • The Talmud has over 613 commands – 100+ concern business and economics U.S. Founding Fathers Alan Greenspan – not more greed, more opportunity to express greed Erika Cheung and Theranos American Airlines and Gerard Arpey Myth #5 Ethics can be Managed through Laws and Codes Next Week • • IN PERSON, RIGHT HERE... CHAPTER 1 TRAGEDY OF THE COMMONS Th e F I r s t G e n e r a t i o n Pr o bl e m Pe r s o n s a r e m o r e a g i l e a n d m a l e a bl e t h a n l a ws M I LTO N F R I E D M A N - T h e p u r p o se o f b u si n ess