The ethical and legal scandals at Enron, WorldCom, Tyco and many other businesses in the United States, Europe and Asia have shaken people’s confidence in business. Corporate Integrity and Accountability seeks to address questions of corporate integrity as they arise for financial reporting, executive compensation, globalization, and business ethics itself. The chapters are the product of leading business ethicists—both academic and practitioner—in the U.S. and Europe, resulting in the application of different methodologies, sources, and forms of argument. This gives the reader a sense not only of the complexity of some of the ethical issues business faces, but also the richness of the various resources that are available to address these issues.
Fostering Corporate Integrity
The last part of this book looks at the challenge of fostering corporate integrity. What obstacles stand in the way of promoting corporate integrity and what measures can be taken to promote corporate integrity? These are issues that have vexed businesses and business ethicists for as long as these issues have been raised. The answers remain highly contentious even if there are prominent contributions both by businesses and by organizations outside of business of the kinds of arguments and mechanisms whereby these questions may be answered.
At the outset, Steven Rochlin notes the increased pressures for corporations to demonstrate both corporate integrity and accountability. He examines these issues under the rubric of “good corporate citizenship.” He argues that to respond to ...