Business Ethics

What Everyone Needs to Know
Book •
Business Ethics: What Everyone Needs to Know, by J. S. Nelson and the late Lynn Stout, presents an accessible, interdisciplinary overview of ethical decision-making in modern organizations.

Drawing on law, philosophy, psychology, and economics, it emphasizes practical tools managers and employees can use to design ethical systems, compliance processes, and corporate governance.

The book highlights the legal discretion managers have under corporate law and challenges the narrow view that managers must always maximize short-term shareholder value.

It offers guidance on balancing stakeholder interests, cultivating cultures that encourage dissent and procedural justice, and aligning incentives with pro-social human instincts.

Designed for practitioners, students, and interested readers, it aims to be operational and usable in real-world organizational contexts.

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Mentioned by
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Alfred Marcus
to introduce the guest and the book they wrote on practical business ethics and corporate governance.
J. S. Nelson, "Business Ethics: What Everyone Needs to Know" (Oxford UP, 2021)
Mentioned by
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Alfred Marcus
as the featured book discussed in the episode, coauthored by
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J. S. Nelson
and the late Lynn Stout.
J. S. Nelson, "Business Ethics: What Everyone Needs to Know" (Oxford UP, 2021)

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