Slotting fees can lead to under-the-table payments to individuals.
Executive compensation increases are often awarded despite stock performance.
The subprime market did not begin until 2007.
Slotting fees are legal.
If the earnings of a company are revealed to be false, the officers who earned bonuses
based on these earnings must forfeit them.
You are a building inspector for the county. A friend of yours is a plumbing contractor.
Under county regulations, all steps in plumbing construction from the initial dig to the
final installation of sink and bathroom fixtures requires an inspection sign-off. Your
plumbing contractor friend has just called and wants to take you to dinner for your
birthday at a five-star restaurant. Because you are friends anyway, the dinner presents
no ethical problems.
“Everyone else does it,” is a signal of an ethical pitfall.
Warren Buffett is credited with the development of the “Front Page of the Newspaper”
tests as a means for resolving ethical dilemmas.
Employment contracts have an implied morals clause.
A newspaper reporter is interviewing you about your experiences in working for a
member of Congress. You have indicated you have information about his private life
but will not share it. The reporter responds, “Tell me, just between you and me.” You
share the information and a quote from you on the private life of the member of
Congress appears in the newspaper the next day. The reporter was unethical in violating
a trust.
Using things of minimal value that belong to your employer for personal reasons (such
as paper, paper clips, pens) is not an ethical violation.
Robert Nozick is a moral relativist.
Hank Greenberg was ousted from his position as CEO of AIG.
Loans to corporate executives are now illegal under Sarbanes-Oxley.
It is an ethical violation to disclose personnel information about your co-workers even
to your family.