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Advice to First Time Public Board Members
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Markkula Center for Applied Ethics Executive Director Kirk O. Hanson interviews John W. Noble, vice chancellor, Delaware Court of Chancery. Advice for a new corporate director includes preliminary self-assessment: What can you bring to the board? Have you studied the company? What are your strengths and weaknesses? Check on liability insurance as it relates to your role as a board member, and make sure you have the time and energy to do the job. Continually educate yourself about the business and its risks. Due care and the duty of loyalty should be foremost. It's important to remember that the board provides the long-term vision, and is not involved in everyday minutiae. Talk to the experts, including financial advisers and accountants, and be aware of conflicts and potential conflicts ahead of time. Board decisions are just that, not individual decisions. The focus should be on doing the right thing and setting an example. Problems can occur when directors are conflicted and don't have a clear sense of priorities.

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Videos
Date Added:
05/28/2015
Anatomy of a White Collar Crime
Rating

Former Federal Prosecutor Hank Shea talks with Steve Brown, a Missouri state legislator who lost his seat and his law license for a conspiracy to obstruct justice.

Subject:
Business and Communication
Law
General Law
Material Type:
Reading
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Articles
Author:
Margaret Steen
Date Added:
11/20/2013
Annotated Table of Contents for the Giving Voice to Values Curriculum
Conditions of Use:
No Strings Attached
Rating

This resource provides teachers an understanding of the Giving Voice to Values curriculum which has become popular in recent years with many teachers of business ethics around the world. The Giving Voice to Values curriculum emphasizes that business people must learn the practical techniques of raising and advocating for ethical principles in business, as well as how to analyze a situation to determine what is the right thing to do.

Subject:
Business and Communication
Law
General Law
Social Science
Material Type:
Lesson Plan
Author:
Damian Saccocio
Date Added:
01/28/2016
Are Corporate Governance Standards Different for Smaller Firms?
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Kirk O. Hanson, executive director of The Markkula Center for Applied Ethics, interviews John W. Noble, vice chancellor, Delaware Court of Chancery. Are there different ethical standards depending on the size of the company, and also for entrepreneurial ventures? What about a new company vs an established one? Noble responds: directors must act in an informed way and uphold the needs of the company and its shareholders first and foremost. Directors must keep these principles in mind, whatever the size of the company. But fiduciary responsibilities do vary according to the size of the enterprise. A larger enterprise can do things a smaller one can't. But the bottom line is directors' compliance.

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Videos
Date Added:
05/28/2015
Assessing for Ethics
Rating

Dan Pracher, business development manager for Development Dimensions International, explores how to hire employees who mesh with the ethical culture of the organization.

Subject:
Business and Communication
Management
Material Type:
Reading
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Articles
Author:
Anne Federwisch
Date Added:
11/01/2006
Bad Business Ethics or Acceptable Promotional Perks?
Rating

A radio station inflates the number of on-air giveaways they ask companies to provide and then offers the excess as perks to station employees.

Subject:
Business and Communication
Management
Material Type:
Case Study
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Articles
Author:
Jessica Silliman
Date Added:
06/28/2007
Building an Ethical Business Culture: The Role of the Board Part 1
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Michael L. Hackworth, chair of the Advisory Board of the Markkula Center for Applied Ethics at Santa Clara University and member and chair of numerous corporate boards, talks with Lon Allen, chair of the National Association of Corporate Directors-Silicon Valley, on what boards can do to promote ethics in an organization.

Doing the right thing builds trust with customers, shareholders, partners, and vendors. High efficiency and productivity result from trust.

The board should ask itself about any decision: Does it optimize the bottom line, which is the duty to create value? Is it legal? Is it consistent with the contracts and obligations we have? Is it ethical?

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Videos
Date Added:
05/28/2015
Building an Ethical Business Culture: The Role of the Board Part 2
Rating

Michael L. Hackworth, chair of the Advisory Board of the Markkula Center for Applied Ethics and member and chair of numerous corporate boards, talks with Lon Allen, chair of the National Association of Corporate Directors-Silicon Valley, on what boards can do to promote ethics in an organization.

The Number 1 responsibility of the board is to promote ethics in the boardroom. If you think there's an ethical issue, there probably is one.

The board should also monitor C-level executives behavior. Does it reflect the values of the organization?

Finally, the board should be aware of incentives for employees. The way employees are incentivized can promote or detract from ethical behavior.

Hackworth shares a scoring system for the ethics of corporate boards.

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Videos
Date Added:
05/28/2015
Building an Ethical Business Culture in China
Rating

Summary of a panel featuring Sheridan Tatsuno, Dreamscape Capital; Stanley Kwong, professor, USF; and Jacqueline Fan, Ernst & Young.

Subject:
Business and Communication
Management
Material Type:
Reading
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Articles
Author:
Margaret Steen
Date Added:
10/19/2012
Business Ethics, Fiduciary Responsibilities, and the Law
Rating

Fiduciary duties of corporations: J. Travis Laster, Vice Chancellor of the Court of Chancery, Delaware, talks with Markkula Center for Applied Ethics Executive Director Kirk O. Hanson

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Videos
Date Added:
05/28/2015
Business Ethics: What we can learn from the Chinese
Rating

Confucian values of trustworthiness, self-criticism, and dignity can provide resources for Westerners doing business in China. Kirk O. Hanson, executive director of the Markkula Center for Applied Ethics, interviews Stephan Rothlin, general secretary of the Center for International Business Ethics in Beijing.

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Global Business Ethics Videos
Date Added:
05/28/2015
Business Ethics in China and the U.S.
Rating

Liu Baocheng, executive director of the Center for International Business Ethics, talks with Kirk O. Hanson, executive director of the Markkula Center for Applied Ethics about the developing regulatory regime in China. Liu argues that the priority for China right now is to bring products up to safety and standards. They also discuss different cultural attitudes toward gifts and bribes.

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Global Business Ethics Videos
Date Added:
05/28/2015
Business and Human Rights
Rating

A discussion of the UN's "Protect-Respect-Remedy Framework" for companies and governments addressing human rights issues.

Subject:
Business and Communication
Management
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Global Business Ethics Videos
Date Added:
05/28/2015
Business and Organizational Ethics Partnership
Rating

The Markkula Center for Applied Ethics brings together executives and scholars in a forum designed to increase the members knowledge about effectively managing ethics in business organizations.

Subject:
Business and Communication
Management
Material Type:
Reading
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Articles
Author:
Business and Organizational Ethics Partnership
Date Added:
06/27/2007
CEOs: Setting the Ethical Tone
Rating

The role of the CEO in setting a company's ethical culture was the focus of a panel at the April 6 meeting of the Business and Organizational Ethics Partnership, a program of the Markkula Center for Applied Ethics and 13 corporations.

Subject:
Business and Communication
Management
Material Type:
Reading
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Articles
Author:
Markkula Center for Applied Ethics
Date Added:
04/18/2005
The CFO's role in the Ethical Culture of the Organization
Rating

Jeff Kuhn, Managing Partner, FLG Partners, talks with Kirk O. Hanson, executive director of the Markkula Center for Applied Ethics at Santa Clara University.

Subject:
Business and Communication
Finance
Material Type:
Lecture
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Videos
Date Added:
05/28/2015
The Case of Bad News
Rating

The new CEO of a corporation learns that he has inherited problems with growth and profitability. A four-day workweek and, eventually, layoffs prove necessary. Who is the CEO obligated to inform and when?

Subject:
Business and Communication
Management
Material Type:
Case Study
Provider:
Markkula Center for Applied Ethics at Santa Clara University
Provider Set:
Business Ethics Articles
Author:
Gil Amelio
Date Added:
04/07/1999