Business Ethics

Professor Marianne M. Jennings, emeritus professor of legal and ethical studies, taught at the WP Carey School of Business, Arizona State University, from 1977 through 2019. She was named professor of the year in the College of Business in 1981, 1987, 2000 and 2010 and was the recipient of a Burlington Northern teaching excellence award in 1985. She taught in ASU’s CPA Review course and CPAExcel Review course from 1984–2023. Professor Jennings earned her undergraduate degree in finance and her J.D. from Brigham Young University and has been a member of the Arizona and Federal Bars since 1977. She has four textbooks and five monographs in circulation in the areas of business law, business ethics, ethical culture and legal environment. She was director of the Lincoln Center for Applied Ethics from 1995 to 1999. Professor Jennings has authored hundreds of articles in academic, professional and trade journals. She is a contributing editor for the Real Estate Law Journal. She was a contributing editor for Ethikos from 2019–2021. She served on the Board of Editors for the Financial Analysts Journal from 2007–2012. She served as editor-in-chief of the Journal of Legal Studies Education during 2003–2004. During 1984–85, she served as then-Governor Bruce Babbitt's appointee to the Arizona Corporation Commission. In 1999, she was appointed by then-Governor Jane Dee Hull to the Arizona Commission on Character. Her columns have been syndicated around the country and her work has appeared in the Wall Street Journal, the Chicago Tribune, the New York Times, Washington Post and the Reader's Digest. A collection of her essays, "Nobody Fixes Real Carrot Sticks Anymore," first published in 1994, is still being published. She was a contributing editor of Corporate Finance Review from and Real Estate Law Journal. Two of her books have been named Library Journal ’s book of the year.

• Part I: ETHICAL THEORY, PHILOSOPHICAL FOUNDATIONS, OUR REASONING FLAWS, AND TYPES OF ETHICAL DILEMMAS.1A. Defining Ethics.You, Your Values, and a Credo. What Did You Do in the Past Year That Bothered You? How That Question Can Change Lives and Cultures. What Are Ethics? From Line-Cutting to Uber Drivers to Kant. The Types of Ethical Dilemmas: From Truth to Honesty to Conflicts. On Rationalizing and Labeling: The Things We Do That Make Us Uncomfortable, but We Do Them Anyway. “They Made Me Do It”: Following Orders and Legalities: Volkswagen and the Fake Emissions Test. “The Slippery Slope”: University of North Carolina and How Do I Know When an Ethical Lapse Begins? Blue Bunny Ice Cream and Listeria.B. Resolving Ethical Dilemmas and Personal Introspection. Some Simple Tests for Resolving Ethical Dilemmas. Some Steps for Analyzing Ethical Dilemmas. On Plagiarism. The Little Teacher Who Could: Piper, Kansas, and Term Papers. The Car Pool Lane: Defining Car Pool. Puffing Your Résumé: Truth or Dare. Dad, the Actuary, and the Stats Class. Wi-Fi Piggybacking and the Tragedy of the Commons. Cheating: Hows, Whys, and Whats. Speeding: Hows, Whys, and Whats. The Pack of Gum. Getting Out From Under Students Loans: Legal? Ethical?Part II: BUSINESS AND ITS ETHICAL DILEMMAS.2A. Business and Ethics: How They Work Together.What’s Different about Business Ethics? Peter Drucker and the Ethics of Responsibility. Albert Carr and Business Bluffing.2B. What Gets in the Way of Ethical Decisions in Business? How Leaders Lose Their Way: The Bathsheba Syndrome and What Price Hubris? Moral Relativism and the Either/or Conundrum. P = ƒ(x) Probabilities and Ethical Outcome: Peanut Corporation of America. BP and the Deepwater Horizon Explosion: Safety First? Valeant: The Company with a New Pharmaceutical Model and Different Accounting. C. Resolving Ethical Dilemmas in Business. Framing Issues Carefully: A Structured Approach for Solving Ethical Dilemmas and Trying Out Your Ethical Skills on An Example. What Was Up with Wall Street? The Goldman Standard and Shades of Gray. Penn State: Framing Ethical Issues. Deflategate and Spygate: The New England Patriots. Damaging Reviews on the Internet: The Reality and Harm.Part III: BUSINESS, STAKEHOLDERS, SOCIAL RESPONSIBILITY, AND SUSTAINABILITY.A. Business and Society: The Tough Issues of Economics, Social Responsibility, and Business.The Social Responsibility of Business Is to Increase Its Profits. A Look at Stakeholder Theory. Business with a Soul: A Reexamination of What Counts in Business Ethics. Appeasing Stakeholders with Public Relations. Conscious Capitalism: Creating a New Paradigm for Business. Marjorie Kelly and the Divine Right of Capital. B. Applying Social Responsibility and Stakeholder Theory. Turing Pharmaceutical and the 4,835% Price Increase on a Life-Saving Drug. Walmart: The $15 Minimum Wage and Losses. Chipotle: Buying Local and Health Risks. Guns, Safety, Liability, and Social Responsibility. The Craigslist Connections: Facilitating Crime. Planned Parenthood Backlash at Companies and Charities. The Regulatory Cycle. Fannie, Freddie, Wall Street, Main Street, and the Subprime Mortgage Market: Of Moral Hazards. Ice-T, the Body Count Album, and Shareholder Uprisings. Athletes and Doping: Costs, Consequences, and Profits. Back Treatments and Meningitis in an Under-the-Radar Industry. CVS Pulls Cigarettes From Its Stores. Ashley Madison: The Affair Website. C. Social Responsibility and Sustainability. Biofuels and Food Shortages in Guatemala. The Dictator’s Wife in Louboutin Shoes Featured in Vogue Magazine. Herman Miller and Its Rain Forest Chairs. VW: Falsified Emissions. Tesla: Electric Cars and Funding. D. Government as a Stakeholder. Solyndra: Bankruptcy of Solar Resources. Stanford University and Government Payment for Research. Prosecutorial Misconduct: Ends Justifying Means? Part IV: ETHICS AND COMPANY CULTURE.A. Temptation at Work for Individual Gain and That Credo. The Movin