Corporate Integrity and Accountability
The ethical and legal scandals at Enron, WorldCom, Tyco and many other businesses in the United States, Europe and Asia have shaken people's confidence in business. Corporate Integrity and Accountability seeks to address questions of corporate integrity as they arise for financial reporting, executive compensation, globalization, and business ethics itself. In so doing it asks the following questions: What is the current meaning of corporate integrity? How should we go about analyzing and responding to unethical and corrupt behavior both at home and abroad? What measures can be undertaken by corporations within their own walls to address these problems? What groups and perspectives need to be taken into account with regard to CEO compensation? These are a few of the many topics that the chapters in this book discuss under the heading of corporate integrity and accountability. The chapters are the product of leading business ethicists-both academic and practitioner-in the U.S. and Europe, resulting in the application of different methodologies, sources, and forms of argument. This gives the reader a sense not only of the complexity of some of the ethical issues business faces, but also the richness of the various resources that are available to address these issues. Corporate Integrity and Accountability is ideally suited as a text for courses in the following: business ethics, corporate social responsibility, current ethical issues in business, and corporate citizenship.
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The Book corporate Integrity and accountability is a major contribution to corporate ethics,the lack of which in the financial sector led to the current crisis...The ethics of reporting of has assumed significance according to the authors. A critical examination of the crisis highlights a number ethical concerns which violates the CFA Institute Code: a) “Act with integrity, respect and in an ethical manner) Use reasonable care and exercise independent judgments, c) Practice and encourage others to practice in a professional and ethical manner. Had these professional ethical codes been observed by the actors in the financial industry, the industry and people at large could have been benefited. In this financial crime with no punishment these questions will continue to haunt us.The book focuses on integrity, transparency and accountability in the financial sector.congrats to the authors for illuminating the landscape with a moral domain/vision...
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