Applying Ethics to Insider Trading

Insider trading has received a bad name in recent decades. The popular press makes it sound like an evil practice where those who engage in it are totally devoid of ethical principles. Yet not all insider trading is unethical and some studies have concluded that certain kinds of insider trading are actually beneficial to the greater investment community. Some scholars in philosophy, law and economics have disputed whether insider trading should be punished at all while others assert that it should be illegal in all cases. This paper explores the nature of insider trading and analyzes the issues to determine the positive and negative aspects of insider trading, and how policy should be changed. The best hope would be for studies to be made that isolate the individuals or groups who are fraudulently harmed by insider trading. If any such groups exist, then clearly worded legislation could be passed to prevent any fraud from being committed against these individuals and groups, while allowing non-fraudulent transactions to be completed without fear of prosecution. Until it can be clearly determined that someone is fraudulently harmed by insider trading, there should be no law or regulation restricting the practice, since such restrictions violate individual rights and will likely have a negative market reaction. Robert W. McGee is a professor at the Andreas School of Business, Barry University in Miami, Florida, USA. He has published more than 50 books and more than 400 scholarly papers in the fields of accounting, taxation, economics, law, philosophy and ethics. He holds doctorates in several fields, including accounting, economics, law and philosophy. He is an attorney and a certified public accountant (CPA).     

Ethics on the Web: Applying Moral Decision-Making to the New Media

This paper examines the advent of the Web as a critical media tool in the promotion and sale of goods to consumers and the ethical questions it raises that are issues of public policy. We examine four traditional ethical rationales that guide organizational decision-making – utilitarianism, distributive justice, moral rights of man and relativism, further characterized as "ends-based", "equity-based", "rules-based" and "comparison-based" rationales – and we apply them to four moral dilemmas attributed to the proliferation of dot.com companies as they relate to consumer welfare. We find that ethical rationale in the New Media is largely non-existent, and where it exists, it is primarily reactive and driven by utilitarian or relativistic reasoning. We attribute this condition to the newness of the industry and to its economic context, representing, as it does, many characteristics embodied in the concept of the "perfect market." We offer some remedies to improve ethical conduct by e-business.     

Ethics in the Petrochemical Industry

The public attitude towards the petrochemical industry tends to be one of ethical disapproval and suspicion. But how justified is it? A knowledgeable look at how the industry in general, and one major company in particular, addresses its ethical responsibilities provides a quite different picture. The author has long experience of the petrochemical industry and was most recently Public Affairs Director of ARCO Chemical Europe Inc. He now runs his own Corporate Affairs Consultancy at 82 St George’s Square, London SW1V 3QX.     

Applying the Ignatian Pedagogical Paradigm to the Creation of an Accounting Ethics Course

This article explains how and why the Ignatian Pedagogical Paradigm (IPP), a 450-year-old approach to education, can serve as a framework for a modern principles-based ethics course in accounting. The IPP takes a holistic view of the world, combining five elements: context, experience, reflection, action, and evaluation. We describe the components of the IPP and discuss how they align with suggestions from prior research for providing principles-based ethics instruction in accounting. We conclude by describing how we used the IPP as a framework to create a graduate-level accounting ethics course.     

加强旅游企业的营销道德建设

旅游企业目前在营销道德方面存在着对旅游者不公平、欺诈旅游者、损害竞争者利益的现象。加强旅游企业营销道德建设越来越迫切和必要。应通过确立旅游企业营销道德的基本规范，树立正确的营销观念，以加强员工的责任感和企业文化建设，造就一支具有高尚道德的团队。     

以带薪休假促进旅游业可持续发展

<正>《职工带薪年休假条例》于2008年1月1日起施行,这一条例的顺利实施将有助于维护职工休息权利,使职工享有更加自由的休息时间。条例规定:职工累计工作已满1年不满10年的,年休假为5天;已满10年不满20年的,年休假为10天;已满20年的,年休假为15天。当员工享有了自由的带薪休假时间后,一部分人会选择放松心情、陶冶情操的休闲方     

Gender and Professional Ethics in the IT Industry

In this paper, we discuss the ethical responsibility of the Information Technology (IT) industry towards its female workforce. Although the growing IT industry experiences skills shortages, there is a declining trend in the representation of women. The paper presents evidence that the IT industry is not gender-neutral and that it does little to promote or retain its female workforce. We urge that professional codes of ethics in IT should be revised to take into account the diverse needs of its staff.     

入世与中国的旅游业

我国已经入世,对外全面开放服务市场已是大势所趋,因此我国旅游业的发展将面临机遇和挑战。本文在阐述我国旅游业发展现状和特点的基础上,从宏观和微观两方面分析了入世将对我国旅游业产生的积极影响和消极影响,并从制度设计和制度创新的角度提出了相应的对策,即继续推行“政府主导型”旅游发展模式;加强对旅游生产要素的深度开发;积极发展我国国内旅游;旅游业向高科技化方向发展等。     

关于旅游产业发展的几点思考

当前,发展旅游产业要从以下几个方面入手:政府要在旅游发展中发挥主导作用;大力发展农村旅游、农业旅游、农民旅游、民俗旅游;大力发展自驾游;大力发展旅游服务产业。     

森林旅游生态补偿的生态伦理学思考

森林旅游生态补偿,是以生态价值补偿、区域协调和可持续发展作为理论基础.森林旅游资源是有限的,人类在开发利用森林旅游资源的同时,必须要对其进行生态补偿,并通过生态伦理规范的约束,达到森林旅游区社会、经济与生态和谐发展.同时,构建生态伦理与实施生态补偿,也是森林旅游区社会经济可持续发展的必然选择,有利于构建和谐旅游,促进人与自然的和谐发展.     

中国旅游业:怎一个热字了得!

继2月15日德国开放为旅游目的地后,中国公民自费出境旅游目的地再添四国。今年4月1日,马尔代夫、南非、印度和斯里兰卡等四个国家将迎来第一批中国旅游团。至此,中国公民自费出境游目的地已增至24个,分布在亚、欧．非、澳四大洲。这表明,中国已经不只是世界最重要旅游目的地之一,而且也成为世界潜力颇大的旅游业出口国。     

旅游业中回扣存在的经济原因及其对策研究

长期以来,回扣一直是阻碍旅游业健康发展的顽疾,旅游主管部门也曾运用各种手段对其进行整治,然而收效甚微。但从导游人员收入分配制度这一角度来分析旅游行业中回扣存在的经济原因,必须引入公务员制度改革中“高薪养廉”,以及市场营销学中“认知价值定价”的概念,才是彻底解决该问题的办法。     

安徽省区域旅游文化产业核心竞争力及其培育路径研究

首先将旅游文化产业的核心竞争力划分为五大类型,然后基于国内外对旅游产业竞争力评估的已有研究成果,构建出安徽省旅游文化产业竞争力评估指标体系,并进行了聚类分析,最后给出了安徽省区域旅游文化产业核心竞争力培育的建议。     

浅析我国旅游休闲产业的发展

随着社会生产力水平的提高和闲暇时间的增多 ,以休闲为目的的旅游休闲产业愈来愈受到人们的普遍欢迎。旅游休闲产业要真正满足旅游者的精神文化需求 ,关键在于把握时代发展需要 ,针对现实制约因素寻求发展对策。     

促进哈尔滨市旅游产业发展的建议

旅游产业在当今世界经济发展中已成为一个高速度、高增值、高就业、高创业、高效应的新兴产业,在世界经济及各国经济发展中占有越来越重要的地位,被誉为21世纪的朝阳产业。通过对哈尔滨旅游业发展基本情况的分析,提出打造强势品牌,全面树立＂冰城夏都＂城市形象;重点挖掘发展潜能,加快旅游产业转型升级步伐;重点塑造整体形象,增强开拓旅游市场能力;重点夯实发展基础,努力完善旅游公共服务功能等促进旅游产业发展的建议。     

Corporate Ethics in Norwegian Business and Industry

How can a confederation of business and industry influence companies and make them more aware of ethical issues? This article examines the work of Norwegian Business and Industry (NHO), and the results it has achieved. The author is Assistant Director of NHO, P.b. 5250, Majorstua, 0303 Oslo, and she has been responsible for its business ethics programme for the past three years. This article comes to us through the agency of our Associate Editor for Norway, Dr Heidi von Weltzien Høivik, of the Norwegian School of Management, who has recently been instrumental in founding a Norwegian Centre for Business Ethics.     

西班牙如何发展旅游业?

旅游业现在是第三产业中最重要的支柱产业之一.近年来,世界旅游大国的冠军、亚军和季军,一直被意大利、法国和西班牙这三个国家占据着.2002年,西班牙接待了7700万名观光客,约是全国人口的两倍,旅游总收入高达920亿美元,而且86%的观光客都是二度或多度造访的.西班牙的旅游资源并不丰富,不像意大利和法国有众多的名胜古迹,比起世界旅游资源最丰富的中国来,更不能望其项背.     

旅游产业集群探析

集群化是21世纪国际产业发展的新趋势。旅游产业集群的形成有利于提升目的地旅游产业的竞争力。旅游产业在空间上的集聚现象在我国和世界许多地方已初露端倪。旅游产业集群是旅游吸引物及相关要素在一定的地理空间上集中的趋向和过程。因此,明确旅游产业集群的内涵及其形成机理,培植旅游产业集群,提升目的地旅游产业的竞争力已成为我国旅游产业经济亟待探讨的一个命题。