Checkpoint: Ethical Issues and Social Responsibility
XMGT/216
Patricia Hainey
Daniela Hickman
10/23/10
Checkpoint: Ethical Issues And Social Responsibility
• Conduct a University Library or Internet search and write a 150 word to 300 response on the following two topics:
o What are the current ethical and moral issues facing today’s business environment?
o What is social responsibility?
o Format your checkpoint to APA formatting Guidelines.
For the first question, I did a Google search and I came across this article that seemed very interesting as I started reading. I thought this would be a perfect example of the current ethical and moral issues facing today’s business environment.
Citizens United: Waking a Sleeping Giant
Posted by admin2 • October 21, 2010
By Ciara Torres-Spelliscy
Brennan Center for Justice at NYU Law School
As Professor Barry Friedman and Dahlia Lithwick noted in a recent piece, the Roberts Supreme Court is usually pretty savvy about gauging public opinion and acting accordingly, but when they decided Citizens United, they grossly misread the mood of the American public. They must have thought that this would be a little-noticed change to campaign finance minutia. Instead headlines from all over the country howled about the invitation of corporate money into American elections. Unwittingly, Citizens United, roused a sleeping giant, the American investor.
Maybe it’s the backdrop of the Great Recession juxtaposed with another record year for Wall St., but for whatever reason, Citizens United hit a raw nerve. One of the reasons that this is such an objectionable decision is it allows corporate managers in publicly traded companies to spend what Justice Brandeis called “other people’s money.” And as the Brennan Center noted in Congressional testimony right after the decision was announced, this raises a host of corporate governance issues.
Citizens United allows unlimited corporate and union...