• Summary
  • Contents
  • Subject index

The Second Edition of Case Studies in Organizational Communication: Ethical Perspectives and Practices, by Dr. Steve May, integrates ethical theory and practice to help strengthen readers’ awareness, judgment, and action in organizations by exploring ethical dilemmas in a diverse range of well-known business cases.

Ethical Dilemmas in the Financial Industry
Ethical dilemmas in the financial industry
KatherineRussellMeganDortchRachelGordonCharlesConrad

This case explores the recent global financial meltdown as an example of unethical behavior among U.S. corporations. The case notes that such corporate scandals are much more common and cyclical than the general public might believe. It challenges the commonly held notion that a few individuals are responsible for the misconduct. This case, by contrast, offers a more complicated interpretation, both of financial crises and of organizational ethics in general. While the home mortgage ideology and related systems did provide opportunities for exploitation by excessively greedy individuals, it also created impossible situations for honest actors who were struggling to meet the contradictory needs of multiple groups of stakeholders.

If a reward system is so designed ...

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