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Mitteilungen der Vereinigung Österreichischer Bibliothekarinnen und BibliothekareHeft 1 des 67. Jahrgangs (2014) der Mitteilungen der Vereinigung Österreichischer Bibliothekarinnen und Bibliothekare
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Ethical Issues in the Big Data IndustryBig Data combines information from diverse sources to create knowledge, make better predictions and tailor services. This article analyzes Big Data as an industry, not a technology, and identifies the ethical issues it faces. These issues arise from reselling consumers' data to the secondary market for Big Data. Remedies for the issues are proposed, with the goal of fostering a sustainable Big Data Industry.Click here for podcast summary (mp3)Click here for free 2-page executive summary (pdf)Click here for free presentation slides (pptx)
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But What IS the 'Right Thing'?: Ethics and Information Systems in the Corporate DomainInformation systems executives, and other executives, are often prodded to "do the right thing" when they face ethical quandaries. But how do they determine what is "right" ethically, especially when the ethical quandaries occur in the corporate domain? Some individuals rely solely on their own emotions, but they often have a hard time convincing rational thinkers to embrace their position. Other individuals rely on traditional philosophical theories, but this approach is seldom optimal in the corporate domain because the traditional philosophical theories do not specifically address the corporate setting. However, two theories do address ethical quandaries in the private sector: stockholder theory and stakeholder theory. This article discusses these two theories. Stockholder theory holds that executives should resolve ethical quandaries by taking actions that maximize the long-term profits to stockholders without violating the law or engaging in fraud or deception. Stakeholder theory claims that executives should resolve ethical quandaries by balancing stakeholder interests without violating the rights of any stakeholder. These theories are explored by first applying them to a specific real-world quandary: Blockbuster Video's reported plans to market its customer lists. Then the theories are applied to several other current quandaries. Finally, the article explores action steps for applying each theory.