Thomas Donaldson Faculty Profile

Thomas Donaldson
Mark O. Winkelman Professor; Professor of Legal Studies and Business Ethics

PhD, University of Kansas, 1976; BS, University of Kansas, 1967

Research Areas
Business ethics; leadership; risk management; corporate compliance

Recent Consulting
Ethics, leadership, and risk management: Goldman Sachs, FTSE, Wachovia, Exelon, and KPMG

Current Projects
Writing articles on: 1. Cash management practices at non-profit organizations; 2. Designing corporate risk management programs

Academic Positions Held
Wharton: 1996-present (named Mark O. Winkelman Professor, 1996). Previous appointments: Georgetown University; University of Virginia; Loyola University of Chicago

Career and Recent Professional Awards; Teaching Awards
Outstanding Teacher of the Year award, Wharton MBA, in 2005 and 1998 (the ‘Class of 1984 MBA Teaching Award’); the Excellence in Teaching Award (in 2005, 2002, 2001, 2000, 1999, 1998); the Miller-Sherrerd MBA Teaching Award (in 2005, 2004, 2002, 2001, 2000, 1998, and 1997); the Marc and Sheri Rapaport Undergraduate Core Teaching Award, 2005 and 2001. Outstanding Teacher of the Year, Georgetown University; Distinguished Researcher of the Year, Georgetown University.

Professional Leadership 2003-2007
Associate Editor, Academy of Management Review; Incoming President, Social Issues in Management Division of the Academy of Management; Director, Wharton PhD Program in Ethics and Legal Studies

Corporate and Public Sector Leadership 2003-2007
Trustee, Carnegie Council on Ethics and International Affairs; Chair, FTSE4Good US Committee; Testified before the US Senate in 2002 regarding the Sarbanes-Oxley corporate reform legislation

Representative Publications
(with T.W. Dunfee)
Ties that Bind: A Social Contract Approach to Business Ethics. Cambridge, MA: Harvard University Business School Press, 1999.

“Dangerous Currents.” Directors & Boards, Winter 2004.

"Defining the Value of Doing Good Business." Financial Times sec. Mastering Management: Corporate Governance, (June 2 2005).

(with L. Preston)
"The Stakeholder Theory of the Corporation: Concepts, Evidence, Implication." Academy of Management Review (January 1995).