IDEAS home Printed from https://ideas.repec.org/a/kap/jbuset/v117y2013i1p209-219.html
   My bibliography  Save this article

Using Inside Job to Teach Business Ethics

Author

Listed:
  • Ernest Biktimirov
  • Don Cyr

Abstract

This article recommends the film Inside Job as an effective teaching tool for illustrating the ethical issues that surrounded the global financial crisis of 2008 and the subsequent economic downturn. The study discusses issues such as the revolving door, conflicts of interest, fiduciary duty, executive compensation, and financial regulation. The presentation of each ethical issue comprises suggested questions, background information, and guides to specific sections of the film. An overview of the film is provided as well. Copyright Springer Science+Business Media Dordrecht 2013

Suggested Citation

  • Ernest Biktimirov & Don Cyr, 2013. "Using Inside Job to Teach Business Ethics," Journal of Business Ethics, Springer, vol. 117(1), pages 209-219, September.
    • Handle: RePEc:kap:jbuset:v:117:y:2013:i:1:p:209-219
    DOI: 10.1007/s10551-012-1516-y
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10551-012-1516-y
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10551-012-1516-y?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Dolfsma, W.A., 2005. "Accounting as Applied Ethics: Teaching a Discipline," ERIM Report Series Research in Management ERS-2005-065-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    2. Robert J. Shiller, 2012. "Finance and the Good Society," Economics Books, Princeton University Press, edition 1, number 9652.
    3. DeMartino, George F., 2011. "The Economist's Oath: On the Need for and Content of Professional Economic Ethics," OUP Catalogue, Oxford University Press, number 9780199730568.
    4. Moriarty, Jeffrey, 2005. "Do CEOS get Paid too much?," Business Ethics Quarterly, Cambridge University Press, vol. 15(2), pages 257-281, April.
    5. Jared Harris, 2009. "What’s Wrong with Executive Compensation?," Journal of Business Ethics, Springer, vol. 85(1), pages 147-156, February.
    6. Clive R. Boddy, 2011. "The Corporate Psychopaths Theory of the Global Financial Crisis," Palgrave Macmillan Books, in: Corporate Psychopaths, chapter 14, pages 163-166, Palgrave Macmillan.
    7. Raghuram G. Rajan, 2005. "Has financial development made the world riskier?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 313-369.
    8. Clive Boddy, 2011. "The Corporate Psychopaths Theory of the Global Financial Crisis," Journal of Business Ethics, Springer, vol. 102(2), pages 255-259, August.
    9. Guido Palazzo & Lena Rethel, 2008. "Conflicts of Interest in Financial Intermediation," Journal of Business Ethics, Springer, vol. 81(1), pages 193-207, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yimin Cheng & Xiaoyu Zhou & Kai Yao, 2023. "LGBT-Inclusive Representation in Entertainment Products and Its Market Response: Evidence from Field and Lab," Journal of Business Ethics, Springer, vol. 183(4), pages 1189-1209, April.
    2. Lenz, Guido & Mayer, Maximilian, 2023. "Hollywood, Wall Street, and Mistrusting Individual Investors," Journal of Economic Behavior & Organization, Elsevier, vol. 210(C), pages 117-138.
    3. Clare Jane M. Burns & Luke Houghton & Heather Stewart, 2020. "Sustainability – A key to Australian finance directors improving their organisation's CSR culture," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 1164-1176, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Harun Sencal, 2021. "Consequences of the Legal Personality of Commercial Entities: An Evaluation from the Perspective of Islamic Economics," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 71(71-2), pages 367-394, December.
    2. Mr Clive Boddy & Mr Derek Bond & Dr Elaine Ramsey, 2010. "Projective Techniques Are they a Victim of Clashing Paradigms," Accounting, Finance and Economics Research Group Working Papers 1, Ulster Business School.
    3. van Hoorn, Andre, 2015. "Organizational Culture in the Financial Sector: Evidence from a Cross-Industry Analysis of Employee Personal Values and Career," MPRA Paper 67222, University Library of Munich, Germany.
    4. Nicos A. Scordis & Yoshihiko Suzawa & Astrid Zwick & Lucia Ruckner, 2014. "Principles for Sustainable Insurance: Risk Management and Value," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 17(2), pages 265-276, September.
    5. Rachel Fichter, 2018. "Do the Right Thing! Developing Ethical Behavior in Financial Institutions," Journal of Business Ethics, Springer, vol. 151(1), pages 69-84, August.
    6. Mohammed Hossain & Yasean A. Tahat & Naser AbuGhazaleh, 2024. "Unlocking the Sustainable Workplace Equality Policy (SWEP): Evidence from an Emerging Country," Sustainability, MDPI, vol. 16(2), pages 1-22, January.
    7. Jakob Moggia, 2021. "Moral Responsibility for Systemic Financial Risk," Journal of Business Ethics, Springer, vol. 169(3), pages 461-473, March.
    8. Edward J. Schoen, 2017. "The 2007–2009 Financial Crisis: An Erosion of Ethics: A Case Study," Journal of Business Ethics, Springer, vol. 146(4), pages 805-830, December.
    9. Vita Akstinaite & Graham Robinson & Eugene Sadler-Smith, 2020. "Linguistic Markers of CEO Hubris," Journal of Business Ethics, Springer, vol. 167(4), pages 687-705, December.
    10. Bäumer, Marcus, 2020. "What matters to investment professionals in decision making? The role of soft factors in stock selection," EIKV-Schriftenreihe zum Wissens- und Wertemanagement, European Institute for Knowledge & Value Management (EIKV), Luxembourg, volume 44, number 44.
    11. Jacqueline C. Wisler, 2018. "U.S. CEOs of SBUs in Luxury Goods Organizations: A Mixed Methods Comparison of Ethical Decision-Making Profiles," Journal of Business Ethics, Springer, vol. 149(2), pages 443-518, May.
    12. Ralph Jackson & Charles Wood & James Zboja, 2013. "The Dissolution of Ethical Decision-Making in Organizations: A Comprehensive Review and Model," Journal of Business Ethics, Springer, vol. 116(2), pages 233-250, August.
    13. Branson Christopher M. & Marra Maureen, 2022. "Leadership malpractice: exposing the reality underpinning unleaderly behaviour," International Journal of Contemporary Management, Sciendo, vol. 58(1), pages 1-10, March.
    14. Johannes Brunzel & Daniel Ebsen, 2023. "The role of humility in Chief Executive Officers: a review," Review of Managerial Science, Springer, vol. 17(4), pages 1487-1532, May.
    15. Maximilian Scheffler & Johannes Brunzel, 2020. "Destructive leadership in organizational research: a bibliometric approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(1), pages 755-775, October.
    16. Noel Murray & Ajay Manrai & Lalita Manrai, 2015. "Deconstructing Financial Services Advertising in the Run Up to the Great Recession: The Case of the Live Richly Campaign," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 14(1), pages 7-22, June.
    17. Michael Pirson, 2020. "A Humanistic Narrative for Responsible Management Learning: An Ontological Perspective," Journal of Business Ethics, Springer, vol. 162(4), pages 775-793, April.
    18. Julian Friedland & Benjamin M. Cole, 2019. "From Homo-economicus to Homo-virtus: A System-Theoretic Model for Raising Moral Self-Awareness," Journal of Business Ethics, Springer, vol. 155(1), pages 191-205, March.
    19. André Hoorn, 2015. "The Global Financial Crisis and the Values of Professionals in Finance: An Empirical Analysis," Journal of Business Ethics, Springer, vol. 130(2), pages 253-269, August.
    20. Ann Congleton, 2014. "Beyond Business Ethics: An Agenda for the Trustworthy Teachers and Practitioners of Business," Journal of Business Ethics, Springer, vol. 119(2), pages 151-172, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:117:y:2013:i:1:p:209-219. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.