Exam 10: Moral Choices Facing Employees

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Whistle-blowers are only human beings, not saints, and they sometimes have their own

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Prudential reasons are reasons that refer to the interests of others and the demands of morality.

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Employees have certain general duties to their employers, and because of the specific business, professional, or organizational responsibilities they have assumed, they may have other more precise role-based obligations.

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As a general rule, if the contents of the work agreement that exists between the employee and the employer are legal and if the employee freely consents to them, then the employee is under an obligation to fulfill the terms of the agreement.

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According to Norman Bowie, a discussion of whistle blowing in the 1990s parallels the discussion of civil disobedience in the 1960s.

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The Sarbanes-Oxley Act

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When does a conflict of interest arise?

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The Foreign Corrupt Practices Act of 1977 forbids companies to pay kickbacks in the United States, but permits them to pay kickbacks to companies outside the United States.

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An employee can have a conflict of interest even if he or she doesn't act to the detriment of the organization.

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By definition, whistle-blowing can only be done by a past or present member of the organization.

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Insider trading is the buying or selling of stocks by insiders on the basis of information attained by an "insider" that has not yet been made public and is likely to affect the price of the stock.

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The use of one's official position for what always raises moral concerns and questions?

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The Foreign Corrupt Practices Act (FCPA) outlaws grease payments.

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Conflicts of interest may exist when employees have financial investments

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When an employee's interests are likely to interfere with the employee's ability to exercise proper judgment on behalf of the organization, what exists?

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In discussing the case of the truck stop cashier who is asked to write up phony chits or receipts, the text argues that

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All gifts are bribes.

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A common argument against the Foreign Corrupt Practices Act is that it illegitimately imposes parochial American standards on foreign countries.

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According to Jennifer Moore the real reason insider trading should be prohibited is that it undermines the fiduciary relationship that is at the heart of business management.

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Insider trading is

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