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Presents a framework for resolving issues in which managers' responsibilities--to shareholders, employees, other stakeholder groups, and to their own values and commitments in life--conflict with each other. The framework analyzes these issues in terms of duties, consequences, personal values, and practicality. Provides an analytic framework for a course or module on business ethics, that brings together basic considerations in moral philosophy with practical pressures, perspectives, and concerns of business executives.

Explains what a company's ethical climate is, describes the forces that shape it, and ways managers can work to alter a firm's ethical climate.

Describes the role that issues of personal integrity play in managers' decisions. Defines personal integrity, the factors that influence it, the situations in which it becomes particularly relevant to company decisions, and ways of overcoming the blind spots that can create too personal a focus on decisions. Helps students understand the issues in the context of decision making and action planning.