Cover -- Contents -- Acknowledgements -- Foreword -- Preface -- Introduction -- 1 Ethics According to Economists -- 1.1 Utilitarianism and Adam Smith -- 1.2 Beyond Utilitarianism: Amartya K. Sen -- 1.3 Ethics for Modern Economists -- 1.4 Sustainable Development and Social Responsibility -- 2 Ethics Applied to Economics -- 2.1 Beyond Accumulating Wealth -- 2.2 Qualifying the Characteristics of Ethics -- 3 The Roots of Ethical Uncertainty: A Change in Values -- 3.1 The Superstar Culture -- 3.2 Consequences of the Superstar Culture -- 4 Ethical Risk and How to Manage It -- 4.1 The Fraud Triangle Theory -- 4.2 Psychological Pressure to Achieve -- 4.3 Opportunity -- 4.4 Rationalisation -- 4.5 Traditional Risk Theory Applied to Ethical Risk -- 5 Areas on Which to Focus Efforts -- 5.1 External and Internal Measures -- 5.2 Spreading a Company Culture -- 5.3 The Effectiveness of Corporate Governance Models -- 5.4 The Study of Ethics -- 5.5 Selecting, Attracting and Retaining "Ethical" Staff -- 5.6 Fairness of Incentive Systems -- 6 Company Functions Responsible for Monitoring and Overseeing Ethics -- 6.1 Audit Committee -- 6.2 The Ethics and Compliance Department -- 6.3 Internal Audit Department -- 6.4 Risk Management Function -- 6.5 Strengthening "Ethical" Functions -- 7 Tools to Make Companies More Ethical -- 7.1 The Code of Conduct -- 7.2 Adopting a Whistleblowing Procedure -- 7.3 Ethical or Compliance Programmes -- 7.4 Support from Professional Associations -- 8 Conclusions.