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    Requirements of sarbanes-oxley (from dyrud: 37)

  • Provide increased protection for whistle-blowers
  • Adhere to an established code of ethics or explain reasons for non-compliance
  • Engage in "full, fair, timely and understandable disclosure"
  • Maintain"honest and ethical" behavior.
  • Report ethics violations promptly
  • Comply with "applicable governmental laws, rules, and regulations"
  • Dyurd cites: ELT, Ethics and Code of Conduct , n.d.; http://www.elt-inc.com/solution/ethics _and_code_of_conduct_training_obligations.html

    Ammended federal sentencing guidelines (dyrud 37)

  • Establishing standards and procedures to prevent and detect criminal conduct
  • Promoting responsibility at all levels of the program, together with adequate program resources and authority for its managers
  • Exercising due diligence in hiring and assigning personnel to positions with substantial authority
  • Communicating standards and procedures, including a specific requirement for training at all levels
  • Monitoring, auditing, and non-internal guidance/reporting systems
  • Promiting and enforcing of compliance and ethical conduct
  • Taking reasonable steps to respond appropriately and prevent further misconduct in detecting a violation

What you will do ...

    Module activities

  • Study the Prisoner's Dilemma to help you formulate the central challenges of corporate governance.
  • Study four different approaches to corporate governance, (1) agency theory, (2) the stockholder approach, (3) the stakeholder approach, and (4) stewardship theory.
  • Examine corporate governance from the macro level by (1) looking at the structural changes a company can make to comply with legal and ethical standards and (2) examining the balances that government must make to control corporate behavior and yet preserve economic freedom.
  • Design a corporate governance program for an actual company that you and your group choose. It should be a company to which you have open access. You will also be required to take steps to gain the consent of this company for your study.
  • Reflect on how to integrate this module's macro description of corporate governance with the micro perspective presented in the module on moral ecologies and corporate governance.

    Corporate governance plans

  • A corporate code of ethics that responds to the specific ethical problems uncovered by your profile of the corporation you are studying.
  • A corporate ethics training program designed to acquaint employees, owners, and managers with the company's value aspirations and compliance objectives.
  • A Corporate Ethics Audit designed to identify and minimize ethical risks.
  • A comprehensive ethics compliance program that responds to the requirements set forth in Sarbanes and Oxley as well as the Federal Sentencing Guidelines.
  • A program in corporate excellence designed to articulate and realize the core values that define your company's identity and integrity.

What did you learn?

This material will be added later. Students will be given an opportunity to assess different stages of this module as well as the module as a whole.

Appendix

    Bibliography

  1. Benjamin, M. (1990) Splitting the difference: Compromise and Integrity in Ethics and Politics . Lawrence, KS: University of Kansas Press.
  2. Carol, A. B., "Social Responsibility," in Werhane, P., and Freeman, R. E., eds. (1997, 1998) Blackwell Encyclopedic Dictionary of Business Ethics . Oxford, UK: Blackwell Publishers, INC: 593-595.
  3. Clarke, T. (2004) "Introduction: Theories of Governance--Reconceptualizing Corporate Governance Theory After the Enron Experience," in Theories of Corporate Governance: The Philosophical Foundations of Corporate Governance , ed. Thomas Clarke. New York: Routledge: 1-30.
  4. Davis, J.H., Schoorman, D., and Donaldson, L. "Toward a Stewardship Theory of Management,"in Theories of Corporate Governance: The Philosophical Foundations of Corporate Governance , ed. Thomas Clarke. (2004) New York: Routledge: 1-30.
  5. Dyrud, M.A. (2007) "Ethics, Gaming, and Industrial Training," in IEEE Technology and Society Magazine . Winter 2007: 36-44.
  6. Feinberg, J. (1970) "Collective Responsibility" in Doing and Deserving: Essays in the Theory of Responsibility . Princeton, NJ: Princeton University Press: 234.
  7. Fisse, B. and French, P.A., eds. (1985) Corrigible Corporations and Unruly Law . San Antonio, TX: Trinity University Press.
  8. French, P.A. (1984) Collective and Corporate Responsibility . New York: Columbia University Press..
  9. Hobbes, T. (1651, 1968) Leviathan . Middlesex, England: Penguin Books: 186.
  10. Macpherson, C.B. (1962) The Political Theory of Possessive Individualism: Hobbes to Locke . London, UK: Oxford University Press: 3.
  11. May, L. (1987) The Morality of Groups: Collective Responsibility, Group-Based Harm, and Corporate Rights . Notre Dame, IN: University of Notre Dame Press.
  12. McLean, B., and Elkind, P. (2003) The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron . New York: Portfolio: 141-149.
  13. Paine, L.S. (1994) "Managing for Organizational Integrity," in Harvard Business Review , March/April 1994.
  14. Rousseau, J.J. (1987) Jean-Jacques Rousseau: The Basic Political Writings Translated by Donald A. Cress. Indianapolis, IN: Hackett Publishing Company: 60.
  15. Sandel, M. (1982, 1998). Liberalism and the Limits of Justice . Cambridge: Cambridge University Press
  16. Stewart, J.B. (2007) "The Kona Files: How an obsession with leaks brought scandal to Hewlett-Packard," in The New Yorker , February 19 and 26, 2007: 152-167.
  17. Stone, C. D. (1975) Where the Law Ends: The Social Control of Corporate Behavior . Prospectr Heights, IL: Waveland Press, INC: 1-30.
  18. Swartz, M., Watkins, S. (2003) Power Failure: The Inside Story of the collapse of Enron . New York: Doubleday: 356.
  19. Weaver, G.R. and Trevino, L.K. (1999) "Integrated and decoupled social performance: Management commitments, external pressures, and corporate ethics practices." The academy of Management Journal , 42: 539-552.
  20. Werhane, P.H. (1999) Moral Imagination and Management Decision Making . Oxford, UK: Oxford University Press: 39.
  21. Werhane, P. H. (2008) "Mental Models: Moral Imagination and System Thinking in the Age of Globalization," in Journal of Business Ethics , 78: 463--474.
  22. Werhane, P. (2007) "Corporate Social Responsibility/Corporate Moral Responsibility: Is There a Difference and the Difference It Makes," in eds., May, S., Cheney, G., and Roper, J., The Debate over Corporate Social Responsibility . Oxford, UK: Oxford University Press: 459-474.

Corporate governance and hewlett-packard case

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Questions & Answers

where we get a research paper on Nano chemistry....?
Maira Reply
what are the products of Nano chemistry?
Maira Reply
There are lots of products of nano chemistry... Like nano coatings.....carbon fiber.. And lots of others..
learn
Even nanotechnology is pretty much all about chemistry... Its the chemistry on quantum or atomic level
learn
Google
da
no nanotechnology is also a part of physics and maths it requires angle formulas and some pressure regarding concepts
Bhagvanji
Preparation and Applications of Nanomaterial for Drug Delivery
Hafiz Reply
revolt
da
Application of nanotechnology in medicine
what is variations in raman spectra for nanomaterials
Jyoti Reply
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
Damian
yes that's correct
Professor
I think
Professor
Nasa has use it in the 60's, copper as water purification in the moon travel.
Alexandre
nanocopper obvius
Alexandre
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
Rafiq
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
Damian
How we are making nano material?
LITNING Reply
what is a peer
LITNING Reply
What is meant by 'nano scale'?
LITNING Reply
What is STMs full form?
LITNING
scanning tunneling microscope
Sahil
how nano science is used for hydrophobicity
Santosh
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
Rafiq
what is differents between GO and RGO?
Mahi
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
Rafiq
if virus is killing to make ARTIFICIAL DNA OF GRAPHENE FOR KILLED THE VIRUS .THIS IS OUR ASSUMPTION
Anam
analytical skills graphene is prepared to kill any type viruses .
Anam
Any one who tell me about Preparation and application of Nanomaterial for drug Delivery
Hafiz
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
Bob
The nanotechnology is as new science, to scale nanometric
brayan
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Damian
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
Renato
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
?
Kyle
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
Adin
why?
Adin
what school?
Kyle
biomolecules are e building blocks of every organics and inorganic materials.
Joe
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, Introduction to business, management, and ethics. OpenStax CNX. Aug 14, 2016 Download for free at http://legacy.cnx.org/content/col11959/1.4
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