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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.



  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

Eac toolkit project

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Questions & Answers

Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
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
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
what school?
biomolecules are e building blocks of every organics and inorganic materials.
anyone know any internet site where one can find nanotechnology papers?
Damian Reply
sciencedirect big data base
Introduction about quantum dots in nanotechnology
Praveena Reply
what does nano mean?
Anassong Reply
nano basically means 10^(-9). nanometer is a unit to measure length.
do you think it's worthwhile in the long term to study the effects and possibilities of nanotechnology on viral treatment?
Damian Reply
absolutely yes
how to know photocatalytic properties of tio2 nanoparticles...what to do now
Akash Reply
it is a goid question and i want to know the answer as well
characteristics of micro business
for teaching engĺish at school how nano technology help us
Do somebody tell me a best nano engineering book for beginners?
s. Reply
there is no specific books for beginners but there is book called principle of nanotechnology
what is fullerene does it is used to make bukky balls
Devang Reply
are you nano engineer ?
fullerene is a bucky ball aka Carbon 60 molecule. It was name by the architect Fuller. He design the geodesic dome. it resembles a soccer ball.
what is the actual application of fullerenes nowadays?
That is a great question Damian. best way to answer that question is to Google it. there are hundreds of applications for buck minister fullerenes, from medical to aerospace. you can also find plenty of research papers that will give you great detail on the potential applications of fullerenes.
what is the Synthesis, properties,and applications of carbon nano chemistry
Abhijith Reply
Mostly, they use nano carbon for electronics and for materials to be strengthened.
is Bucky paper clear?
carbon nanotubes has various application in fuel cells membrane, current research on cancer drug,and in electronics MEMS and NEMS etc
so some one know about replacing silicon atom with phosphorous in semiconductors device?
s. Reply
Yeah, it is a pain to say the least. You basically have to heat the substarte up to around 1000 degrees celcius then pass phosphene gas over top of it, which is explosive and toxic by the way, under very low pressure.
Do you know which machine is used to that process?
how to fabricate graphene ink ?
for screen printed electrodes ?
What is lattice structure?
s. Reply
of graphene you mean?
or in general
in general
Graphene has a hexagonal structure
On having this app for quite a bit time, Haven't realised there's a chat room in it.
what is biological synthesis of nanoparticles
Sanket Reply
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