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The Inter-American Convention Against Corruption (IACAC) was adopted by the member countries of the Organization of American States on 29 March 1996; it came into force on 6 March 1997.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
Commodities trader Tino De Angelis defrauded clients, including the Bank of America into thinking he was trading vegetable oil. He got loans and made money using the oil as collateral. He showed inspectors tankers of water, with a bit of oil on the surface. When the fraud was exposed, the business collapsed. Herstatt Bank: West Germany: 26 June ...
[1] [2] This is done by separating moral reactions from inhumane conduct and disabling the mechanism of self-condemnation. [3] Thus, moral disengagement involves a process of cognitive re-construing or re-framing of destructive behavior as being morally acceptable without changing the behavior or the moral standards.
Ethics in America was a ten-part television series, originally aired from 1988 to 1989, in which panels of leading intellectuals from various professions discussed the ethical implications of hypothetical scenarios, which often touched on politics, the media, medicine, and law. The panels were moderated by law professors from leading law schools.
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