One of the great ironies of the financial meltdown of 2008 – which was really more of a values meltdown – is that very few U.S. laws were actually broken. This paper investigates the financial crisis from a different legal perspective – that of Jewish law, using six framing principles:...

The authors posit that one should not take a binary approach to business ethics because there are gradations. They propose that firms may be classified according to the following metric: Level I: The Totally Unethical Organization; Level II: The Legalistic Unethical Organization; Level III: The...

Companies that are going to thrive must have a soul. Those that are only concerned with “maximizing shareholder wealth” or “maximizing profit” will find themselves going the way Enron went. CEOs will have to lead the revolution and should be the ones exhorting executives to make...

The current financial crisis that threatens the entire world has created an ideal opportunity for educators. A number of important lessons can be learned from this financial meltdown. Some are technical and deal with the value of mathematical models and measuring risk. The most important lesson,...

It is becoming quite obvious that there has been a serious erosion of moral values in this country which has affected the corporate, academic, and political worlds. Something has to be done or we will continue to face crisis after crisis, possibly even worse than the Great Recession of 2008....

This paper examines Abrahamic values that can be used to heal the world and promote ethical leadership. Abraham, a simple clan leader from Ur of the Chaldees, sowed the seeds that helped defeat paganism, planted the roots for the three major monotheistic religions (Judaism, Christianity, and...

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...

Most of us will agree that the legal profession gets little respect in the United States. There are scores of websites dedicated to lawyer jokes and almost all the humor is negative. Indeed, the humor is not only negative but is often is filled with hate and anger towards attorneys. In many of...

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...

The current financial crisis that threatens the entire world has created an ideal opportunity for educators. A number of important lessons can be learned from this financial meltdown. Some are technical and deal with the value of mathematical models and measuring risk. The most important lesson,...