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    AACSB International Conference,

    Montreal 2004

    The Nature and Scope of

    Business EthicsRobert Pitts, Dean-College of Business

    Creighton University

    O.C. Ferrell, Chair-Marketing Department

    Colorado State University

    Linda Ferrell, Assistant Professor Marketing

    University of Wyoming

    AACSB International Conference,

    Montreal 2004

    What is business ethics?(a managerial perspective)

    defining appropriate behavior

    establishing organizational values

    nurturing individual responsibility

    providing leadership & oversight

    relating decisions to stakeholder interests

    developing accountability

    relating consequences

    auditing & improvement

    AACSB International Conference,

    Montreal 2004

    How to support ethical decision

    making in the organization?

    culture, values & programs

    compliance & leadership

    recognition of the role of co-workers &managers

    balancing stakeholder interests

    management of situational pressures

    rewards beyond short-term performance

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    AACSB International Conference,

    Montreal 2004

    What are Colleges of Business

    doing? maintaining the status quo

    encouraging faculty to use their owndiscretion in integrating ethics

    outsourcing ethics education to liberal arts

    developing stand alone courses

    business ethics, marketing ethics,accounting & financial ethics, humanresource ethics, etc.

    forcing the topic into business law, business

    & society, environmental courses, etc.

    AACSB International Conference,

    Montreal 2004

    Issues in defining the nature of

    business ethics... individual character

    religion

    personal moral development

    philosophy

    legal & regulatory concerns

    Sarbanes-Oxley Act, FSGO, etc.

    issue focused vs. framework focused

    integrated, managerial program tied to

    organizational goals & objectives

    AACSB International Conference,

    Montreal 2004

    How to support business ethics

    education... take responsibility for a comprehensive plan that

    includes programs & education for faculty & students

    individual faculty integration with no

    comprehensive plan will fail make sure that plans & programs are highly visible &

    supported by the Dean

    obtain adequate resources to support business ethics

    initiatives

    partnering with business to define appropriate

    integration & courses

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    AACSB International Conference,

    Montreal 2004

    What to do if you have no resident

    experts-available resources...

    invite guest speakers & experts who have developed

    successful programs send faculty &/or administrators to the

    AACSB Teaching Business Ethics Conference

    Boulder, CO (July 21-23, 2004)

    acquaint faculty with resources such as the

    Wall Street Journalweekly business ethics reviews

    AACSB Ethics Education Resource Center

    www.aacsb.edu/eerc

    A Review of 286 AACSB

    Member Schools Reveals... Ethics in mission statements:

    59.4% no reference

    23.1% reference importance of ethics in mission

    statement, yet do not require a course

    smaller schools more likely to address issue than

    larger colleges & universities

    Required ethics course(s):

    40.6% (overall) require an ethics course

    68% of private

    30% public

    Source: Cheryl L. Buff and Virginia Yonkers A Study of Ethics in MissionStatements and Curriculum of AACSB Undergraduate Marketing

    Programs, working paper, Siena College.

    AACSB Ethics Education

    Resource Center Mission:

    the Ethics Education Resource Center is a

    comprehensive source for information, tools, &

    discussion about ethics education in business schools. Objectives:

    improve ethics education inbusiness schools

    assist management educators toachieve business ethicseducation objectives

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    AACSB International Conference,

    Montreal 2004

    Themes in Business Ethics

    consistent with the preliminary report of the

    AACSB International Ethics Education TaskForce, the four broad themes described below

    should inform ethics education in business

    programs:

    responsibility of business in society

    ethical decision making

    ethical leadership

    corporate governance

    AACSB International Conference,

    Montreal 2004

    Challenges in Teaching

    Business Ethics

    business school leaders must be aware of several

    important obstacles to enhancing their

    commitment to business ethics:

    business ethics is often squeezed out ofthe core & is not fully represented in thecurriculum development process

    faculty members trained in traditionalbusiness disciplines often feel they lack thetraining & expertise

    different cultural & historical perspectivesmake it difficult to define & teach business

    AACSB International Conference,

    Montreal 2004

    Tools

    Cases & Exercises

    Current Textbooks

    Samples: Curricula

    Learning goals related to ethics

    Course syllabi:

    Business Ethics

    Marketing Ethics

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    AACSB International Conference,

    Montreal 2004

    Reading Lists

    auditing

    corporate governance corporate social responsibility

    ethical decision making models

    ethics & profitability

    leadership & organizational culture

    legal & regulatory issues

    stakeholder issues

    teaching business ethics

    text books

    trade books

    AACSB International Conference,

    Montreal 2004

    Links...

    University Based Ethics Resources

    Government & Regulatory Ethics Resources

    Global Ethics Resources

    Miscellaneous Ethics Resources

    Company-Specific Ethics Resources:

    Air tran

    Bell South

    Ben and Jerrys

    Guardsmark

    Texas Instruments

    Starbucks

    Price Waterhouse

    HCA Healthcare

    AACSB International Conference,

    Montreal 2004

    Professional Development

    AACSB Teaching Business Ethics Conference

    Boulder, CO-July 21-23, 2004

    Designed for business professors and program directors, this conference

    brings together experts in business ethics to assist in developing andimplementing effective ethics educational programs. The conference

    will facilitate the exchange of ideas about how to incorporate business

    ethics into the curriculum and will include panel sessions and roundtable

    discussions dealing with specific topics such as business ethics teaching

    resources (cases, simulations, exercises, and videos), frameworks and

    approaches, and challenges related to implementation.

    Co-Chairs: O.C. Ferrell, Colorado State University

    Robert Kolb, University of Colorado-Boulder

    Linda Ferrell, University of Wyoming