Is Short-Term Thinking Destroying Capitalism? Vignettes for Teaching Business Ethics

Journal of Accounting, Ethics & Public Policy 21(4): 515-554 (2020)

40 Pages Posted: 3 Dec 2020

See all articles by Hershey H. Friedman

Hershey H. Friedman

Brooklyn College of the City University of New York

Miriam Gerstein

affiliation not provided to SSRN

Sholom Schochet

affiliation not provided to SSRN

Sarah Hertz

State University of New York (SUNY), Empire State College

Date Written: November 23, 2020

Abstract

This paper will provide faculty who are interested in teaching ethics with several vignettes that may be easily incorporated into any course. The purpose of these real-life, brief vignettes is to encourage students to think about the consequences of decisions. Sometimes, focusing on profits and ignoring the ethical implications may have far-reaching consequences. Whereas some cases used in business ethics courses aim to do this, this paper provides numerous brief vignettes to show the considerable consequences of unethical and neglectful conduct in running an organization.

Keywords: Business Ethics, Unethical Marketing, Unethical Ethicists, Harassment of Workers, Opioid Epidemic, Marketing of Sugary Beverages, E-cigarettes, Boeing’s 737 Max, Takata Airbags, ExxonMobil, and Climate Change

JEL Classification: P12, M31, J81, Q54

Suggested Citation

Friedman, Hershey H. and Gerstein, Miriam and Schochet, Sholom and Hertz, Sarah, Is Short-Term Thinking Destroying Capitalism? Vignettes for Teaching Business Ethics (November 23, 2020). Journal of Accounting, Ethics & Public Policy 21(4): 515-554 (2020), Available at SSRN: https://ssrn.com/abstract=3736279

Hershey H. Friedman

Brooklyn College of the City University of New York ( email )

Miriam Gerstein (Contact Author)

affiliation not provided to SSRN

Sholom Schochet

affiliation not provided to SSRN

Sarah Hertz

State University of New York (SUNY), Empire State College ( email )

325 Hudson Street
New York, NY 10013
United States

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