Business Ethics Education
As one of its three core competencies in ethics,
entrepreneurship, and sustainable business practices, the University of Wyoming
College of Business launched its current Business Ethics program in 2005 under the guidance of Professors O.C. and Linda
Ferrell. Endowed by the Daniels
Fund, the
program is a statewide initiative that draws on and reinforces Wyoming's existing
reputation as a highly ethical place in which to do business. The Business Ethics program advances research
and teaching regionally and nationally via the Daniels Fund Ethics Consortium
of eight universities across the Rocky Mountain West.
Business Ethics is led by the Bill Daniels Chair of Business
Ethics, Richard C. McGinity. A graduate
of Princeton University and Harvard Business School, Dr. McGinity has extensive
practical experience in entrepreneurial and corporate financial transactions, as
well as in corporate governance from his service on the boards of numerous privately
owned, publicly traded, and tax exempt enterprises. He teaches
undergraduate and MBA courses that emphasize management of ethical risk as a
strategic imperative of all business enterprises, both for-profit and tax
exempt. He collaborates with colleagues
throughout the College via an Ethics Task Force of members representing all
departments, and with individual colleagues in other colleges across the
University. Beyond Wyoming, he serves as
one of eight Initiative Leaders of the Daniels Fund Ethics Consortium.
The College believes that exposing students to "real world" decision
situations and interactions with senior business and government decision
makers, as well as integrating ethical decision making methods throughout the business
curriculum, are essential for students as they prepare to assume roles in
today's fast-paced, globalized business world. Wyoming businesses, community
colleges, and NGO's use the program as a business ethics and social
responsibility resource, while providing living examples of ethical decision
making challenges in return.