Ethics in For-Profit and Not-for-Profit Companies Annotated Bibliography

Ethics in for-Profit and Not-for-Profit Companies

*****************this assignment*********** Annotated Bibliography

Annotated bibliography:

Ethics in for-profit and not-for profit companies

Barkemeyer, R., Holt, D., Figge, F., & Napolitano, G. (2010). A longitudinal and contextual analysis of media representation of business ethics. European Business Review, 22(4), 377-396.

This article is a survey of the contemporary media's representation of business ethics, encompassing a meta-analysis of 62 international newspapers. Particularly in the U.S., the emphasis was upon 'hot' scandals rather than trends to integrate business ethics in a meaningful fashion into the day-to-day activities of an organization. "There is little apparent use in the media of concepts such as corporate citizenship. The academic community and company ethical codes appear to adopt a wider definition of business ethics more akin to that associated with sustainability, in comparison with the focus taken by the media, especially in the U.S.A." (Barkemeyer et al. 2010).

Bouckaert, L., & Vandenhove, J. (1998). Business ethics and the management of non-profit institutions. Journal of Business Ethics, 17(9), 1073-1081.

The concept of business ethics is based upon an ideal of business profitability and honoring the interests of stakeholders, specifically shareholders, in profiting from firm behavior. "In a profit-making institution, the principal is the general meeting of shareholders and in a nonprofit-making institution it is the organisational authority" (Bouckaert & Vandenhove 1998). While it might be assumed that nonprofits have a higher degree of social responsibility to the community, this is not necessarily the case. "It is of course true that a non-profit institution has a social and selfless purpose as its primary mission. But this social goal is of a very specific nature" and the extent to which a nonprofit should take into consideration other interests beyond that of its original mission and stated intension remains hotly debated amongst ethicists (Bouckaert & Vandenhove 1998).

Chen-Fong, W. (2003). A study of the adjustment of ethical recogntion and ethical decision-making of managers-to-be across the Taiwan Strait before and after receiving a business ethics education. Journal of Business Ethics, 45(4), 291-307

This study surveyed 126 business and management departments in two Taiwanese universities. Students for whom business ethics was included in their coursework showed a significantly greater ability to prioritize ethical values. However, all students, regardless of program, showed deficits in their abilities to evaluate business conflicts and make ethical decisions.

Katrinli, A., Gunay, G., & Biresselioglu, M.E. (2011). The convergence of corporate social responsibility and corporate sustainability: Starbucks corporation's practices. The Business Review, Cambridge, 17(1), 164-171.

Starbucks has been notable as a for-profit institution for its focus upon corporate social responsibility and corporate sustainability. This article examines the convergence of both principles in Starbucks' relationship with Turkish coffee producers: Starbucks has made a commitment to Fair Trade practices and also works to reduce environmental waste. This benefits both humanity and the environment, and has also proven to be profitable as well as ethical in marketing Starbucks and justifying the price of its coffee beverages to loyal consumers.

Marques, J.F. (2008). Spiritual performance from an organizational perspective: The Starbucks way. Corporate Governance, 8(3), 248-257. doi:http://dx.doi.org/10.1108/14720700810879141

According to the authors, "spirituality in the workplace is an experience of interconnectedness among those involved in a work…