DePaul University Appoints Prominent Ethics Scholar Patricia H. Werhane to Wicklander Chair in Business Ethics.Business Editors CHICAGO--(BUSINESS WIRE)--May 8, 2003 Werhane Will Head DePaul Ethics Institute, Promote Ethics in Education & Business Community DePaul University DePaul University[1] is a private institution of higher education and research in Chicago, Illinois, USA. , an institution committed to imparting strong business ethics business ethics, the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company's obligation to be honest with its customers, to broader social to students and Chicago's at-large corporate community, has appointed one of the nation's top business ethics scholars, Patricia H. Werhane, to the university's Wicklander Chair in Business Ethics. Werhane will assume the Wicklander Chair in August, at which time she will join the faculties of DePaul's College of Commerce management department and College of Liberal Arts liberal arts, term originally used to designate the arts or studies suited to freemen. It was applied in the Middle Ages to seven branches of learning, the trivium of grammar, logic, and rhetoric, and the quadrivium of arithmetic, geometry, astronomy, and music. & Sciences philosophy department in Chicago. She also will become director of DePaul's Institute for Business & Professional Ethics professional ethics, n the rules governing the conduct, transactions, and relationships within a profession and among its publics. professional ethics liability, n 1. (IBPE), oversee business ethics education at DePaul and organize conference and training programs for the Chicago business community to enhance understanding of current corporate ethics issues. DePaul will formally welcome Werhane to the university during a reception dinner in Chicago May 21. "Pat's appointment is significant because it allows DePaul to create a sustainable focus on business ethics across college boundaries and in the corporate community," said Richard Meister, DePaul's executive vice president for Academic Affairs. "It continues DePaul's tradition of integrating values not only at the course level, but also throughout the academic culture." "The appointment also reflects DePaul's ability to attract a nationally known business ethics scholar and academic leader," he added. "It's our hope that Pat's impact will make ethics as important as profit maximization In economics, profit maximization is the process by which a firm determines the price and output level that returns the greatest profit. There are several approaches to this problem. in the minds of our graduates and in the corporate community where they will work." Ethics outreach programs will be a priority for Werhane and the IBPE's board of prominent Chicago executives. "Our goal will be to explore ethics strategies used by the Chicago business community so we all can develop ways to integrate ethics into management thinking and be more effective in avoiding the crises in ethical leadership that businesses have faced in this past year," Werhane said. "There are many companies that are successful models for integrating leadership and values into everyday decision-making," Werhane said. "Based on what these companies are doing, we can create models for corporate ethics programs and for dealing with the day-to-day ethical issues managers face." Bringing together faculty to discuss the best ways to teach ethics also is important, she said. "We can all learn from each other." Werhane comes to DePaul from the University of Virginia's Darden Graduate School of Business, where she was the Ruffin Professor of Business Administration and co-director of the business school's ethics center. Her research and teaching has focused on applied business ethics, employment and employee rights, leadership and values, global business, health care organization ethics and the legacy of economist Adam Smith. She has written or edited 15 books and numerous journal articles on these subjects and is often interviewed by journalists about current ethics issues. She is a past president and founder of the Society for Business Ethics and founder of the society's publication Business Ethics Quarterly, which is the preeminent journal in the field. Before joining Darden's faculty in 1993, she was the Henry J. Wirtenberger Professor of Business Ethics and the director of the Center for Values Across the University at Loyola University Loyola University (loi-ō`lə), at New Orleans, La.; Jesuit; coeducational. The university was established through a merger in 1911 of the College of the Immaculate Conception (opened 1849) and Loyola College and Academy (opened 1904). , Chicago. She served on the faculty of Dartmouth College Dartmouth College, at Hanover, N.H.; coeducational; chartered 1769, opened 1770, the ninth colonial college (see Wheelock, Eleazar). Originally a men's college, Dartmouth began admitting women in 1972. and was a Rockefeller Fellow at the college's Ethics Institute. She also has been a visiting scholar A visiting scholar, in the world of academia, is a scholar from an institution who visits a receiving university that hosts him where he or she is projected to teach (visiting professor), lecture (visiting lecturer), or perform research (visiting researcher at Cambridge University Cambridge University, at Cambridge, England, one of the oldest English-language universities in the world. Originating in the early 12th cent. (legend places its origin even earlier than that of Oxford Univ. in Britain and the University of Canterbury
DePaul's Wicklander Chair was created in 1991 with an endowment gift from Chicagoan Callista Wicklander, who, with her late husband Raymond, has long supported DePaul's mission of teaching and its commitment to integrating the study of ethics into its professional programs. In the past, the chair has rotated annually among faculty at DePaul's nine colleges and schools, who researched ethics issues - especially relating to teaching - during their tenures as chair. Several directors and an executive board drawn from Chicago's corporate community have led the IBPE since DePaul launched it in 1985 as a forum to explore and promote ethical practices in organizations. Werhane's hiring represents the first permanent Wicklander Chair appointment and an expansion of the chair's responsibilities to encompass leadership of the institute and DePaul's ethics education initiatives. |
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