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...

America is in distress. We have been going from one crisis to another. Here are just a few: the savings and loan debacle which began in the 1980s; accounting fraud and financial irregularities scandals that involved such firms as Enron, Adelphia, Tyco International, Global Crossings, and led to...

This course module is designed to help professors teach business ethics and corporate social responsibility. It demonstrates why a “greed is good” approach to capitalism is dangerous. The philosophy of maximizing shareholder value is also critically examined as well as the distinction...

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...

A good reputation can be lost in a minute. If something is not done, accountants and auditors may find themselves perceived by the public the way lobbyists and used car sales persons are. The accounting profession is not examining itself and taking responsibility for many of the problems that...

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...

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...