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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
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    References listed on IDEAS

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    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. Clive Boddy, 2011. "The Corporate Psychopaths Theory of the Global Financial Crisis," Journal of Business Ethics, Springer, vol. 102(2), pages 255-259, August.
    3. Robert J. Shiller, 2012. "Finance and the Good Society," Economics Books, Princeton University Press, edition 1, number 9652.
    4. 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.
    5. 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.
    6. Moriarty, Jeffrey, 2005. "Do CEOS get Paid too much?," Business Ethics Quarterly, Cambridge University Press, vol. 15(2), pages 257-281, April.
    7. Guido Palazzo & Lena Rethel, 2008. "Conflicts of Interest in Financial Intermediation," Journal of Business Ethics, Springer, vol. 81(1), pages 193-207, August.
    8. Jared Harris, 2009. "What’s Wrong with Executive Compensation?," Journal of Business Ethics, Springer, vol. 85(1), pages 147-156, February.
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    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.

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