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Ethical Issues In Business The Thesis

The actual harm caused by any single person in that fashion is likely impossible to measure; on the other hand, such practices by so many investors collectively were responsible for the eventual collapse of the U.S. housing market in 2007 and much of the resulting damage to the nation's economy (Bhide, 2009; Nocera,

2009). Only ethical egoism would have allowed such practices; utilitarianism, virtue ethics, and altruism would all have required reporting the rampant business ethics violations in the mortgage, loan, and investment banking industries, even absent specific legal violations.

References

Bhide, a. (2009). "Why Bankers Got So Reckless" Business Week, February 9, 2009.

Bradley, D. (2008). "Real Estate Fraud." The FBI Law Enforcement Bulletin, 77(9).

Friedman, L.M. (2005). A History of American Law. New York: Simon &...

(2007). Law & Ethics in the Business Environment. Cincinnati:
West Legal Studies.

Hursthouse, R. (1999) on Virtue Ethics. Oxford: Oxford University Press.

Lowenstein, R. (2007). "Subprime Time: How Did Home Ownership Become So

Rickety?" New York Times Magazine; Sept. 2/07.

Mihaly, M. (2007). "Moral Theory: The Fundamentals." Ethics & Behavior, 17 (4).

Nocera, J. (2009). "Risk Mismanagement: Were the Measures Used to Evaluate Wall

Street Trades Flawed?" The New York Times Magazine, January 4, 2009.

Rosenstand, N. (2008). The Moral of the Story: An Introduction to Ethics. New York:

McGraw-Hill

Wiley, C. (1995). "The ABC's of Business Ethics: Definitions, Philosophies and Implementation" Industrial Management, 22(5).

Sources used in this document:
References

Bhide, a. (2009). "Why Bankers Got So Reckless" Business Week, February 9, 2009.

Bradley, D. (2008). "Real Estate Fraud." The FBI Law Enforcement Bulletin, 77(9).

Friedman, L.M. (2005). A History of American Law. New York: Simon & Schuster.

Halbert, T., Ingulli, E. (2007). Law & Ethics in the Business Environment. Cincinnati:
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