This is a case study of the Bank of America and Merrill Lynch merger. It is based on the article, Fiduciary Exemption for Public Necessity: Shareholder Profit, Public Good, and the Hobson's Choice during a National Crisis, 17 Geo. Mason L. Rev. 661 (2010). The case study analyzes the...

In its 2005 decision in Kelo v. City of New London, the Supreme Court of the United States upheld the use of eminent domain to take private property for the use of other private entities so long as the taking is designed to confer some public benefit. This paper discusses how Kelo can be used in...

We propose a novel pedagogic design to integrate teaching earnings management and accounting ethics at the undergraduate level. Earnings management is an extensive topic related to almost every topic in collegiate accounting education. Generally Accepted Accounting Principles (GAAP) give...

This Essay provides the first analysis of “behavioral ethics nudging,” the use of choice architecture by companies to influence the ethical decision making of their employees. This practice represents the cutting edge of corporate compliance because it seemingly offers an evidence-based,...

Personal profiling and predictive behavioural analysis done by Big Data applications pose immense challenges to society and democracy, especially when they violate individuals' constitutionally guaranteed fundamental rights, such as the rights to privacy and data protection, and the right to...

While most of the IFAC Code of Ethics provisions make a good attempt at protecting the public, the section on advertising and solicitation does just the opposite. It is blatantly self-serving and protectionist. It is anticompetitive and serves the private interests of accountants at the expense...

This paper is concerned with the moral permissibility of corporate political activities under the existing legal framework in the United States. I unpack and examine the standard case for and against the involvement of business in lobbying and electoral activities. And I provide six objections...

We examine nonpecuniary preferences across a broad set of corporate actions using a representative sample of the U.S. population. Our core findings, based on large-scale online surveys, are that (i) self-reported nonpecuniary concerns are large both for stock market investors and non-investors;...

Industrial ecology (IE) intends to improve industrial processes in a way that the society benefits with as less damage of the environment as possible. As a concept it gives responses to environmental problems in the field of industry and technology and aims to enable management of human activity...

How does a board of directors decide what is right? The contest over this question is frequently framed as a debate between shareholder value and stakeholder rights, between a utilitarian view of the ethics of corporate governance and a deontological one. This paper uses a case study with...