Business and Society: Ethics, Sustainability, and Stakeholder Management, 9th Edition

Archie B. Carroll, Ann K. Buchholtz

Copyright 2015
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Business and Society: Ethics, Sustainability, and Stakeholder Management 9th Edition by Archie B. Carroll/Ann K. Buchholtz

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Overview
Meet the Authors
What's New
Features
Table of Contents
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Overview

Demonstrate for your students the importance of business ethics, sustainability, and stakeholder management from a strong managerial perspective with Carroll/Buchholtz's BUSINESS AND SOCIETY: ETHICS, SUSTAINABILITY, AND STAKEHOLDER MANAGEMENT, Ninth Edition. Students learn how effective business decision makers balance and protect the interests of various stakeholders, including investors, employees, the community, and the environment--particularly as business recovers from a perilous financial period. Proven content emphasizes the social, legal, political, and ethical responsibilities of a business to both external and internal stakeholder groups.

The authors effectively balance strong coverage of ethics and the stakeholder model with a new focus on one of business's most recent, urgent mandates: sustainability. This edition's increased emphasis on sustainability clearly reflects the interconnectivity between business and the natural, social, and financial environments, illustrating how all three must be maintained in balance to sustain current and future generations.

A wealth of new real business cases and "Ethics in Practice" cases blend with coverage of the most recent research, laws, and examples. Practical applications teach future managers to focus their reasoning and enhance the precision with which they consider and make ethical decisions. With this edition's comprehensive package, including a Test Bank correlated to AACSB standards, dynamic new website, and other resources, you can provide your students with the solid understanding of ethics, sustainability, and stakeholder management.

Meet the Authors

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Archie B. Carroll

Dr. Archie B. Carroll is the Robert W. Scherer Chair of Management and Corporate Public Affairs, emeritus, and professor of management emeritus in the Terry College of Business, University of Georgia. He also served as part-time director of the Nonprofit Management and Community Service Program in the Terry College. Dr. Carroll received his undergraduate, master's and doctorate degrees from the Florida State University in Tallahassee. He is the co-author of CORPORATE RESPONSIBILITY: THE AMERICAN EXPERIENCE (Cambridge University Press, 2012), which won the Academy of Management, Social Issues in Management (SIM), Book of the Year in 2014. He was recognized in 2012 with the first Lifetime Achievement Award in Corporate Social Responsibility given by the Institute of Management, Humboldt University, Berlin, Germany. Dr. Carroll has published numerous books, chapters, articles and encyclopedia entries. His research has appeared in numerous professional journals, including the Academy of Management Journal, Academy of Management Review, Business and Society, Journal of Management, Business Ethics Quarterly, Journal of Business Ethics, Business Ethics: A European Review. He has served on the editorial review boards of Business and Society, Business Ethics Quarterly, Academy of Management Review, Journal of Management and the Journal of Public Affairs. Professionally, he is former division chair of the Social Issues in Management (SIM) Division of the Academy of Management, a founding board member and fellow of the International Association for Business and Society (IABS) and past president of the Society for Business Ethics. He was elected fellow of the Southern Management Association in 1995 and fellow of the Academy of Management in 2005.

Ann K. Buchholtz

The late Dr. Ann K. Buchholtz was professor of leadership and ethics and research director of the Institute for Ethical Leadership in the Rutgers Business School at Rutgers University. She received her Ph.D. from the Stern School of Business at New York University. Dr. Buchholtz's research focused on the social and ethical implications of corporate governance, in particular, and the relationship of business and society, in general. Her work has appeared in Business and Society, Business Ethics Quarterly, the Academy of Management Journal, the Academy of Management Review, the Journal of Management, Organization Science, the Journal of Management Studies and Corporate Governance and International Review. She served on the editorial boards of Business and Society and Business Ethics Quarterly. Her teaching and consulting activities focused on business ethics, social issues, strategic leadership and corporate governance. Her service learning activities in the classroom received a Trailblazer Advocate of the Year award from the Domestic Violence Council of Northeast Georgia. She was also the recipient of numerous teaching awards, including Profound Effect on a Student Leader. In addition, she was named senior teaching fellow at the University of Georgia. Dr. Buchholtz served as division chair of the social issues in the management division of the Academy of Management. She also served on the board of governors of the Academy of Management and the ethics task force that designed a code of ethics for the Academy. She became the inaugural chairperson of the Academy's Ethics Adjudication Committee when the code was put into effect. In 2015, she received the Sumner Marcus Award from the SIM Division of the Academy of Management.

What's New

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NEW POLITICAL COVERAGE. Chapter 12 incorporates an increased focus on corporate political spending in general, including Citizens United and SpeechNow. Chapter 12 also covers Super PACs, agency issues raised by political spending, corporate political accountability and transparency, and dark money and the role of nonprofit groups and trade associations in it. Chapter 1 includes coverage of the Occupy Wall Street movement and its implications on Big Business.
NEW FOCUS ON RISK MANAGEMENT. Chapter 6 now includes a new section on risk management and links risk management to the issue of sustainability and the related issue of risk shifting.

Features

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"ETHICS IN PRACTICE" CASES TEST FUTURE MANAGERS' RESPONSES TO ACTUAL ETHICAL CHALLENGES IN TODAY'S WORKPLACE. Fresh new "Ethics in Practice" Cases woven throughout this edition prepare future managers for business situations that will test their values and ethics. These short cases feature actual ethical conflicts companies face, as well as dilemmas former students have confronted personally in their full- and part-time work experiences. New case topics in the ninth edition pose intriguing topics such as "Where Did the Corn Go?" "Is Résumé Inflation and Deception Okay?" "When Ethics Hotlines Don't Work," "Whole Foods and GMO Labeling," "Banning the Big Gulp," "The NRA and the CDC," "Double Irish with a Dutch Sandwich," "Fast Fashion or Dangerous Design?" and "Bigotry in the Bakery."
END-OF-TEXT CASES PROVIDE ABUNDANT OPPORTUNITIES TO APPLY STAKEHOLDER AND ETHICAL SYSTEMS TO SPECIFIC BUSINESS PROBLEMS. Thirty-six end-of-text cases offer new and updated coverage of relevant real-world concepts. Cases vary in length and include classic cases with ongoing impact as well as the most recent developments. A convenient Case Matrix makes it simple to incorporate cases into your course at the best times.
CLEAR LEARNING OUTCOMES FOR EACH CHAPTER GUIDE STUDENTS' FOCUS. Proven Learning Outcomes articulate learning goals for each chapter and provide consistent structure for self-testing and review.
CONVENIENT CASE CORRELATION GUIDE HELPS YOU SELECT THE BEST CASES FOR EACH POINT IN YOUR COURSE. This edition's useful Case Matrix suggests appropriate chapters for incorporating each of the end-of-text cases, while still providing you with the ultimate flexibility in case usage.
"ETHICS IN PRACTICE" CASE GUIDE PROVIDES DIRECTION IN MOST EFFECTIVELY INTEGRATING CASES INTO YOUR COURSE. The helpful "Ethics in Practice" Case Matrix, conveniently located in the Instructor's Manual, offers at-a-glance suggestions for linking this edition's "Ethics in Practice" Cases to particular chapters. This tool makes it simple for you to assign appropriate cases at times that will be most meaningful for your students.
ONLINE RESOURCES: Every web link has been thoroughly reviewed and updated as needed to reflect the most current available resources.

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Part I: BUSINESS, SOCIETY, AND STAKEHOLDERS.
1. The Business and Society Relationship.
2. Corporate Citizenship: Social Responsibility, Performance and Sustainability.
3. The Stakeholder Approach to Business, Society, and Ethics.
Part II: CORPORATE GOVERNANCE AND STRATEGIC MANAGEMENT ISSUES.
4. Corporate Governance: Foundational Issues.
5. Strategic Management and Corporate Public Affairs.
6. Issue, Risk, and Crisis Management.
Part III: BUSINESS ETHICS AND MANAGEMENT.
7. Business Ethics Fundamentals.
8. Personal and Organizational Ethics.
9. Business Ethics and Technology.
10. Ethical Issues in the Global Arena.
Part IV: EXTERNAL STAKEHOLDER ISSUES.
11. Business, Government, and Regulation.
12. Business Influence on Government and Public Policy.
13. Consumer Stakeholders: Information Issues and Responses.
14. Consumer Stakeholders: Product and Service Issues.
15. Sustainability and the Natural Environment.
16. Business and Community Stakeholders.
Part V: INTERNAL STAKEHOLDER ISSUES.
17. Employee Stakeholders and Workplace Issues.
18. Employee Stakeholders: Privacy, Safety, and Health.
19. Employment Discrimination and Affirmative Action.
Cases.