“Arbogast’s meticulously researched case studies coupled with informative thought-provoking essays provide a practical guide to resisting corporate corruption, making this book a must-read for security professionals looking to expand their applied ethics toolkit.” (Security Management, 1 November 2014)
“I highly recommend the essential and landmark book Resisting Corporate Corruption: Cases in Practical Ethics From Enron Through The Financial Crisis by Stephen V. Arbogast, to any students and faculty in graduate or undergraduate business course, law schools, top corporate executives, business leaders at all levels and sizes of companies, public sector decision makers, and students and faculty at any other organizations or schools offering business ethics instruction seeking a comprehensive and decision making based book through the medium of case studies. This book provides the background and the skill set to guide students and business leaders toward more ethical decision making in any industry." (Blog Business World, 29 May 2013)
From the Back Cover
Presents real-world case studies exploring the complex challenges that cause ethical failures and the means available to overcome them with integrity.
Resisting Corporate Corruption teaches business ethics in a manner very different from the conceptual and legal frameworks that dominate graduate schools. The book offers twenty-seven case studies and eleven essays that cover a full range of business practice, controls, and ethics issues. The cases are framed to instruct students in early identification of ethics issues, and how to work such problems effectively within corporate organizations. By pursuing these case studies, students should emerge with a practical toolkit that better enables them to follow their moral compass. The cases provide examples of how executives can embed more ethical approaches inside alternative business strategies, redirect pressure and intimidation to parties better positioned to resist, and use the firm's controls structure to counteract corrupt practices. Specific cases take up the circumstances of whistleblowers and the changing protections afforded by recent laws. Fourteen case studies examine Enron's crossing of various ethical lines from 19872001. Thirteen new cases examine key financial crisis moments at Countrywide, Fannie Mae, Citibank, Goldman Sachs, Moody's, Lehman Brothers, and PricewaterhouseCoopers. Interpretive essays discuss the nature of sound financial controls systems and the extent to which the financial crisis shows Enron's issues to be unresolved.
Changes made to the Second Edition
The first edition was published in 2008 and consisted of Enron case studies only. The Second Edition has fewer Enron case studies and includes new financial case studies. Moreover, the lessons learnt, or not learnt, from Enron as well as post-Enron regulations, can be scrutinized as to what effect, if any, they had on the unfolding of the Great Recession.
- The book has many audiences, including:
- Business schools and MBA students, especially those with finance concentration
- Law schools and those doing Continuing Legal Education (CLE)
- Corporate heads of audit, controllers, and legal compliance officers
- Business leaders, especially those heading financial and large corporations
- Seminaries and other institutions offering business ethics courses