ETHICAL ACCOUNTABILITY
(The Critical Role of Ethics in Business; Character Really Does Matters)
BUAD 722
4 Semester Executive MBA Program
Spring Semester 2014
th
Miller Hall Room 1027
Instructor:
William L. Stauffer, Jr., Esq., Adjunct Lecturer
Senior Partner and Shareholder, Williams Mullen, a professional
corporation
wstauffer@williamsmullen.com; 757.249.7113 (direct)
www.williamsmullen.com
http://www.williamsmullen.com/wstauffer/
william.stauffer@mason.wm.edu
1.
January 7, 2014 (Tues.); 8:30
a.m.-10:00 a.m.
Overview of Ethics
in Business; Agency
and Fiduciary Duty;
Statutory
Requirements for
Officers and
Directors
(i)“Are ethics in
business still
important?”
(ii) selected cases
and statutes
addressing fiduciary
duties
2.
January 7, 2014 (Tues.); 10:30
a.m.-12:00 p.m.
Martha Stewart and
the infamous
ImClone
“Short Sale”
3.
January 8, 2014 (Wed.); 3:30
p.m.-5:00 p.m.
The Enron Saga
(i)Indictment in
U.S. v. Martha
Stewart, et al.
(ii) “Martha Stewart
Sentenced to 5
Months in Prison,”
and (iii) 2013
Parade article; See
18 USC 1505, 18
USC 1621, 18 USC
1001
(i) Indictment in
USA v. Causey, Cr.
No. H-04-25l.
(ii) “The Collapse of
Enron: Managerial
Aspect”
4.
January 9, 2014 (Thur.); 8:30
a.m.-10:00 a.m.
America’s Mortgage Complaint in FHFA
Meltdown
v. Morgan Stanley,
No. 12 civ 6739.
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5.
January 10, 2014 (Fri.); 8:30
a.m.-10:00 a.m.
The “Bad Loan
Scheme” (Bank of
the
Commonwealth);
Interim Exam (50
minutes)
Indictment of
Edward J. Woodard,
et al (2012), 5/24/13
Verdict Form, and
11/8/13 Judgment in
a Criminal Case
6.
January 24, 2014 (Fri.); 3:30
p.m.-5:00 p.m.
“Quid Pro Quo” in
Academia and
Politics
Indictment in the
matter of USA. v.
Philip A. Hamilton
No. 3:11 cr. 013;
See 18 USC 1951
and 18 USC 666.
7.
January 25, 2014 (Sat.); 8:30
a.m. -10:00 a.m.
Wal-Mart and the
Mexican Bribes
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February 7, 2014 (Fri.); 8:30
a.m.- 10:30 a.m.
Ethics as a
Marketplace
Differentiator
(i)“Wal-Mart
Hushed Up a Vast
Mexican Bribery
Case,” (ii) How
Wal-Mart used
Payoffs to get its
Way in Mexico, (ii)
3 Compliance
Lessons from the
Wal-Mart Bribery
Scandal; and
(iv) Introductory
section of the
“FCPA: A Resource
Guide to the U.S.
Foreign Corrupt
Practices Act”
(11/14/12)
(i) “Does an ‘A’ in
Ethics Have any
Value?”; (i) "More
Ethics Lessons for
MBAs;" (iii) "The
Case for a
Combined Code of
Business Ethics and
Conduct;" and (iv)
(iv) “Why Penn
State and the Freeh
Report Matters to
Corporate Boards”
9.
February 14, 2013
Final Exams Due
2
Syllabus Subject to Change (including reference materials)
Assorted Minutiae:
A.
B.
Personal Summaries are due Friday, January 3, 2014 (professional goals,
employment plans, special skills/talents, etc.)
Two (2) exams – First exam accounts for 30% of grade and Final exam accounts
for 50% of grade; Class participation accounts for remaining 20% of grade.
I’m look forward to meeting with everyone. Have an enjoyable Holiday season!
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