Business Ethics at Tuck
Tuck's approach to teaching ethics is multi-faceted and pervades the entire Tuck experience.
Professor Rick Shreve, Tuck's ethics specialist, has developed a plan of action that works on a five-point framework and is an integral part of each professor's approach within ongoing core classes and electives. (Shreve notes that this framework could help business leaders create the all-important ethically sound culture that corporate America needs to strive for.) The program includes these elements:
- Establishing an environment where, starting at the top, ethical values are practiced and celebrated
- Taking advantage of mentor relationships (faculty/student)
- Celebrating moral exemplars (telling hero stories)
- Providing opportunities to serve others (service learning)
- Highlighting the adverse consequences of unethical behavior
Shreve, who has an MBA from Harvard ('70), worked in the investment banking industry, notably as a managing director at Morgan Stanley, before joining Tuck. Having retired from banking with a view to training as an Episcopalian minister, Shreve completed a masters in Divinity at Yale, and later joined the Tuck faculty.
More About Business Ethics at Tuck
To learn more about how Tuck teaches business ethics and corporate responsibility, follow these links:
- Shaping Ethical Leaders
Tuck produces graduates sensitive to ethical issues they will face in their careers. A popular and innovative ethics elective, community-service opportunities, and Fireside Chats help.
- Ethics Fireside Chats
"Where's Your Personal Data? The Use and Abuse of Consumer Data" was the topic of a recent Fireside Chat. The discussion focused on how information-service agencies collect and process consumer data, and the privacy issues arising from this practice. Moderated by Professor Shreve.
- Rick Shreve: On teaching ethics to MBA students
Rick Shreve's work at Tuck focuses on two areas of interest to business students and future practitioners—integrating ethics into the MBA core curriculum and fostering character development in MBA students.
- Allwin Initiative for Corporate Citizenship
The Allwin Initiative for Corporate Citizenship prepares Tuck students for the societal and managerial challenges they'll face as leaders in nonprofit organizations and corporations.
- The SUV debate
Have the car companies traded safety for profits? Experts and participants discussed this question during the panel, "Product safety: The SUV debate."
- Managing earnings or cooking the books?
In this panel discussion, experts discussed the state of accounting practices in the wake of dramatic disclosures of gross corporate misconduct. Panelists included, among others, Kurt Eichenwald, corporate-corruption investigator at The New York Times, and Daniel Dooley, partner, PricewaterhouseCoopers LLP, and head of its national securities litigation consulting practice.
- Ethics in Action
This second-year elective considers the ethical challenges that arise across the spectrum of business activity.
Tuck continues the tradition that was put in place when the school was founded:
... never to vary a hair's breadth from the truth nor from the path of strictest honesty and honor, with perfect confidence in the wisdom of doing right as the surest means of achieving success. ... to the maxim that honesty is the best policy should be added another: that altruism is the highest form of egoism as a principle of conduct to be followed by those who strive for success and happiness in public or business relations as well as those of private life."
—From the letter of Mr. Edward Tuck to President Tucker
October 12, 1904
Tuck School Academic Honor Principle
Integrity and honesty in the performance of academic activities, both in the classroom and outside, are essential to the educational experience for which the Tuck School has always stood. Each member of the Tuck community accepts the personal responsibility to uphold and defend high ethical standards in all academic endeavors, and to promote an atmosphere in which honest and imaginative academic work may flourish.
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