Corporate Ethics and Corporate Governance
Corporations are under fire. Hardly a day goes by that executive conduct doesn’t appear as a topic – or, more accurately, as a problem – in the media. This leads to increased public pressure on corporations, many of whom are reacting and publicly assuming
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Walther Ch. Zimmerli · Klaus Richter Markus Holzinger (Editors)
Corporate Ethics and Corporate Governance
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Prof. Dr. Dr. h.c. Walther Ch. Zimmerli Dr. Markus Holzinger Volkswagen Aktiengesellschaft AutoUni Mobile Life Campus Hermann-Münch-Straße 1 38436 Wolfsburg [email protected] [email protected] Klaus Richter Volkswagen Aktiengesellschaft Koordination CSR und Nachhaltigkeit Postfach 1882 38436 Wolfsburg [email protected]
Library of Congress Control Number: 2007927100
ISBN 978-3-540-70817-9 Springer Berlin Heidelberg New York This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. Springer is a part of Springer Science+Business Media springer.com © Springer-Verlag Berlin Heidelberg 2007 The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Production: LE-TEX Jelonek, Schmidt & V¨ ockler GbR, Leipzig Cover-design: WMX Design GmbH, Heidelberg SPIN 12017911
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Table of Contents
Introduction ................................................................................................1 Walther Ch. Zimmerli, Klaus Richter, and Markus Holzinger
PART I: SETTING THE SCENE Introduction to Ethics..............................................................................11 Robert C. Solomon Business Ethics .......................................................................................37 Walther Ch. Zimmerli and Michael S. Assländer Habits of the Heart in US-American and German Corporate Culture.......................................................................................................55 Bettina Palazzo
PART II: LEADING SELF AND OTHERS The Importance of Leadership in Shaping Business Values ..............67 Joanne B. Ciulla The Servant as Leader.............................................................................79 Robert Greenleaf The Structure of Moral Leadership ........................................................87 James MacGregor Burns Why Work? ...............................................................................................95 Joanne B. Ciulla
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Table of Contents
PART III: ORGANIZATIONAL ETHICS Organizational Integrity – Understanding the Dimensions of Ethical and Unethical Behavior in Corporations ................................113 Guid
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