Journal of Business Ethics

, Volume 117, Issue 1, pp 209–219

Using Inside Job to Teach Business Ethics

Article

DOI: 10.1007/s10551-012-1516-y

Cite this article as:
Biktimirov, E.N. & Cyr, D. J Bus Ethics (2013) 117: 209. doi:10.1007/s10551-012-1516-y

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.

Keywords

Conflicts of interestExecutive compensationFiduciary dutyFinancial crisisFinancial regulationInside JobRevolving doorTeaching business ethics

Abbreviations

CEO

Chief executive officer

CDO

Collateralized debt obligation

CFMA

Commodity Futures Modernization Act

CFTC

Commodity Futures Trading Commission

CDS

Credit default swap

OTC

Over-the-counter

SEC

Securities and Exchange Commission

Copyright information

© Springer Science+Business Media Dordrecht 2012

Authors and Affiliations

  1. 1.Faculty of BusinessBrock UniversitySt. CatharinesCanada