The dude
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The idea was to tackle ethics in the context of such trends as globalization, privatization, and the technology boom. The course examines ethical issues through the lenses of law, economics, psychology and organizational behavior.
Paine said the new course will be divided into three parts: the legal, ethical and economic responsibility of leadership; corporate accountability; and personal values and responsible leadership.
While some discussions will focus on personal choices, Harvard will also encourage debate and research on how to reform corporate structures, incentives, and governance regulations to avoid situations where, for example, research analysts feel pressured to trumpet stocks to drum up business for their firms' investment bankers.
"We definitely have a problem with bad apples," Clark said. "Too many people crossed too many lines. But if you dig into it, we also have a problem with the barrel. We have systemic problems where good people are put into a position where their values are compromised."
Photo: Students cross the Harvard Business School campus in November. First-year graduate students at Harvard are required to take a new ethics course in their second term, including case studies on Enron and WorldCom...