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BADM 2133 UNIT 5

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  • 1. Business Ethics: Cases andSelected Readings, 7th Ed.Marianne M. JenningsUnit 5© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 2. 230InvestorsBusinessCustomersGovernmentRegulation/FairnessFairnessassumptionThe Interdependence ofTrust, Business, andGovernment© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 3. 231Corruption Perception Index(Transparency, Int’l 2002)Least Corrupt• Finland• Denmark• New Zealand• Iceland• Singapore• Sweden• Canada• Luxembourg• Netherlands• United Kingdom• Australia• Norway• Switzerland• Hong Kong• Austria• USAMost Corrupt• Bangladesh• Nigeria• Paraguay• Madagascar• Angola• Kenya• Indonesia• Azerbaijan• Uganda• Moldova• Haiti• Ecuador• Cameroon• Bolivia• Kazakhstan• Vietnam© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 4. 232Corruption Perception Index(Transparency, Int’l 2004)Least Corrupt• Finland• New Zealand• Denmark• Iceland• Singapore• Sweden• Switzerland• Norway• Australia• Netherlands• United Kingdom• Canada• Austria• Luxembourg• Germany• Hong Kong• Belgium• Ireland• USA• ChileMost Corrupt• Sudan• Ukraine• Cameroon• Iraq• Kenya• Pakistan• Angola• Congo• Cote ‘d Ivoire• Georgia• Indonesia• Tajikistan• Turkmenistan• Azerbaijan• Paraguay• Chad• Myanmar• Nigeria• Bangladesh• Haiti© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 5. 233Corruption Perception Index(Transparency, Int’l 2005)Least Corrupt• Iceland• Finland• New Zealand• Denmark• Singapore• Sweden• Switzerland• Norway• Australia• Austria• Netherlands• United Kingdom• Luxembourg• Canada• Hong Kong• Germany• USA• France• Belgium• Ireland• Chile• Japan• SpainMost Corrupt• Chad• Bangladesh• Turkmenistan• Myanmar• Haiti• Nigeria• Equatorial Guinea• Cote ‘d Ivoire• Angola• Tajikistan• Sudan• Somalia• Paraguay• Pakistan• Kenya• Congo• Uzbekistan• Liberia• Iraq• Indonesia• Ethiopia• Cameroon• Azerbaijan• Venezuela• Papua New Guinea• Kyrgyztan• Georgia© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 6. 234Corruption Perception Index(Transparency Int’l 2007)Least Corrupt• Denmark• Finland• New Zealand• Singapore• Sweden• Iceland• Netherlands• Switzerland• Canada• Norway• Australia• Luxembourg• United Kingdom• Hong Kong• Austria• Germany• Ireland• Japan• France• United States• Belgium• ChileMost Corrupt• Somalia• Myanmar• Iraq• Haiti• Uzbekistan• Tonga• Sudan• Chad• Afghanistan• Laos• Guinea• Equatorial Guinea• Congo, Democratic Republic• Venezuela• Turkmenistan• Papua New Guinea• Central African Republic• Cambodia• Bangladesh• Zimbabwe• Tajikistan• Sierra Leone• Liberia© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 7. Corruptions Perception 2008Least Corrupt• Denmark• New Zealand• Sweden• Singapore• Finland• Switzerland• Iceland• Netherlands• Australia• Canada• Luxembourg• Austria• Hong Kong• Germany• Norway• Ireland• United Kingdom• Belgium• Japan• USA• Santa Lucia• Barbados• ChileMost Corrupt• Somalia• Myanmar• Iraq• Haiti• Afghanistan• Sudan• Guinea• Chad• Equatorial Guinea• Congo, Democratic Republic• Zimbabwe• Uzbekistan• Turkmenistan• Kyrgyzstan• Cambodia• Venezuela• Sierra Leone• Guinea-Bissau• Gambia• Congo Republic© 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied orduplicated, or posted to a publicly accessible website, in whole or in part.235
  • 8. Corruptions Perception 2009Least Corrupt• New Zealand• Denmark• Singapore• Sweden• Switzerland• Finland• Netherlands• Australia• Canada• Iceland• Norway• Hong Kong• Luxembourg• Austria• Germany• Ireland• Austria• Japan• United Kingdom• USA• Barbados• Belgium• QatarMost Corrupt• Somalia• Afghanistan• Myanmar• Sudan• Iraq• Chad• Uzbekistan• Turkmenistan• Iran• Haiti• Guinea• Equatorial Guinea• Burundi• Venezuela• Kyrgyzstan• Guinea-Bissau• Democratic Rep of Congo• Congo Brazzaville• Angola• Tajikistan© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.236
  • 9. 237237The Universality of Ethics?• Categorical Imperative: How would you wantto be treated?• If you were setting up the rules for theworld, not knowing where you wouldland, what would those rules be?• Would you be comfortable in a world withyour pre-established standards?© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 10. 238238The Universality of This TestChristian principle: The Golden RuleAnd as ye would that men should do to you, do ye also to themlikewise.. Luke 6:31Thou shalt love. . . thy neighbor as thyself. Luke 10:27Confucius:What you do not want done to yourself, do not do to others.Aristotle:We should behave to our friends as we wish our friends tobehave to us.Judaism:What you hate, do not do to anyone.© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 11. 239239The Universality of This TestIslam:No one of you is a believer until he loves for hisbrother what he loves for himself.Hinduism:Do nothing to thy neighbor which thou wouldst nothave him do to thee.Sikhism:Treat others as you would be treated yourself.© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 12. 240240Universality, Simplicity, ChallengeBuddhism:Hurt not others with that which pains thyself.Plato:May I do to others as I would that they should dounto me.TREAT PEOPLE THE WAY YOU WANTTHEM TO TREAT YOU© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 13. 241Chiquita Banana and theColombian Terrorist Contractors• Payments for Protection• Switched to Cash• Met with Justice Department• Took two years to resolve issue• Eventually stopped doing business inColombia© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.
  • 14. The Story of AES in Kazakhstan• Miners dug coal in freezing temperatures• Took tea breaks every other hour to warm upand then went right back to digging• High technical abilities• It took only 5-7 AES managers to supervise6,500 Kazakhs• Customers paid on time, even with 20% rateincreases in some years© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.242
  • 15. Siemens, the Bribes,and the CountriesCOUNTRY PRODUCT BRIBE PAID DATERussia Medical devices $55 million 2000-2007Argentina Identity cards project $40 million 1998-2004China High-voltage transmission lines $25 million 2002-2003China Metro trains $22 million 2002-2007Israel Power plants $20 million 2002-2005Bangladesh Mobile telephone works $5.3 million 2004-2006Venezuela High-speed trains $16.7 million 2001-2007Russia Traffic control systems $0.75 million 2004-2006Vietnam Medical devices $0.5 million 2005China Medical devices $14.4 million 2003-2007Nigeria Telecommunications projects €4.2 million 2003Iraq Power station $1.7 million 2000Italy Power station €6.0 million 2003Greece Telecommunications €37 million 2006© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.243
  • 16. Reinhard Siekaczek, former Siemensemployee, largely responsible forSiemens accounting system that hidbribes for five years:“People will only say about Siemens thatthey were unlucky and that they broke the11th Commandment. The 11thCommandment is: ‘Don’t get caught.’”© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.244
  • 17. Reinhard Siekaczek, formerSiemens executive in charge ofaccounting for bribes“I would have never thought I’d go to jailfor my company. Sure, we joked aboutit, but we thought if our actions evercame to light, we’d get together andthere would be enough people to playa game of cards.”© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.245
  • 18. Reinhard Siekaczek, formerSiemens executive in charge ofaccounting for bribes“It was about keeping the businessunit alive and not jeopardizingthousands of jobs overnight.”“I was not the man responsible for thebribery. I organized the cash.”© 2012 Cengage Learning. All Rights Reserved. May not bescanned, copied or duplicated, or posted to a publicly accessiblewebsite, in whole or in part.246