This paper describes a method of teaching accounting ethics that can easily be incorporated into any course. This approach focuses on disasters that resulted from a disregard of ethics. This paper posits that examining the consequences of unethical behavior and providing real-life examples can...

We are no longer an industrial economy characterized by assembly lines; we are now in a knowledge economy where creativity is what matters and the old ways of running a firm simply do not work. This paper discusses a new paradigm for corporate ethics and leadership that includes factors that...

The “Chicago School” of economic thought, led by the intellectual descendants of Milton Friedman, has become the dominant paradigm not only of economics but of all social sciences, including business and accounting. According to the Chicago School, the manager’s sole concern should be the...

This paper examines four terms that are used a great deal by economists and demonstrates that they are often misunderstood. Not fully comprehending the meaning of these terms can result in serious problems for society. Thus, Greenspan admitted that not knowing how self-interest works resulted in...

This article demonstrates how various concepts derived from marketing and behavioral economics can be useful to accountants and others whose advice is sought on the setting of prices. In particular, it shows that a one-price policy may not always be ideal. Using price as a strategic tool can...

The leadership style that worked in the industrial economy will not work in the knowledge economy where integrity and creativity are crucial if an organization is to survive and thrive. This paper demonstrates why organizations, including accounting firms, need leaders that possess the...

Critics have blamed FAS 157 for exacerbating the global economic crisis of 2008. This paper investigates the links between Enron, the reintroduction of fair value accounting, the implementation of FAS 157, and the subprime mortgage crisis of 2008. The account describes the possible connections...

Research has shown problem-based learning (PBL) to be an effective learning method in a variety of ways. This paper discusses the merits of implementing PBL in college accounting classrooms to teach ethics effectively. This paper reviews literature on the use of PBL in business and non-business...

This paper examines the Torah to derive a small set of essential core values for living. Core values are the guiding principles that can be used by individuals as well as organizations to make correct decisions and provide a reason for being. Both the Torah itself (the Written Law) and the...

The apology is an important marketing and management tool. Knowing how to apologize correctly is a skill that must be mastered and should be studied. The purpose of this paper is to provide needed course material for instructors preparing a course module on this relatively new and very topical...