Is stock option backdating ethically defensible? Background Stock options are widely used to supplement the amount of non-performance-based cash compensation for executives and CEOs. Furthermore, Bishara & Schipani state that stock options, “have long been touted as a way to align the interests of the executive with the shareholder…”(2008, p. 13) and thus provide, “greater incentives for executives to improve firm performance.” (Raiborn et al. 2007, p.1) However, due to the transactional
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Patient Confidentiality: A Nurse’s Perspective Grand Canyon University: NRS-437V Ethical Decision Making in Health Care Ann Yurco, RN June 15, 2014 Patient Confidentiality: A Nurse’s Perspective One of the first things we learn in nursing school is in regard to a patient’s privacy and the confidentiality we are to abide by when caring for them. We learn the rules and regulations of the “Privacy Rule” and HIPPA (Health Insurance Portability and Accountability Act of 1996). These were put
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Ethical and Legal Aspects of Healthcare | Law and Ethics | Unit 1 Individual Project | | Duty-oriented reasoning, otherwise known as deontology, deals with Immanuel Kant’s influential moral theory regarding what a person is obligated to do (Rosenstand, 2003). The reasoning behind deontology is the intention, and is based on universal principles that guide actions (Fremgen, 2009; Rosenstand, 2003). Duty-oriented reasoning concludes that the consequences of the action are not as important
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ETHICAL RESPONSIBILITY Corporate Governance and Ethical Responsibility Marshan Brown Leg-Bus 500 Law, Ethics, and Corporate Governance Professor Daniel Smith May 13, 2012 ETHICAL RESPOSIBILITY Determine at least three different internal and external stakeholders that Dr. Do Right might have to deal with on a daily basis at the hospital. Discuss the duty of loyalty
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Ethical Implications: Breach of Confidentiality Grand Canyon University: NRS-437V Ethical Implications The Health Insurance Portability and Accountability Act of 1996 (HIPAA) , was made to protect the rights of patients with regard to who could have access to their health information (HHS, 2011). HIPAA is not taken lightly and at the organization this author works, a Confidentiality Agreement is signed yearly to assure that the guidelines are followed. Under certain circumstances, however
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With nearly 80% of underdeveloped countries lacking the capacity and money to produce drugs to combat the HIV/AIDS pandemic, it is important to look at how we, as a nation, can help, and if, indeed, we should help. We should look at our responsibilities as a country, as a world, and also as individuals to decide the correct course of action. The utilitarian view of ethics looks to bring about as much happiness as possible for the greatest number of people (Halbert & Ingulli, 2012). This view looks
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When discussing gay rights, very many questions arise. Questions such as how long has homosexual behaviour been going on? How many countries are legalizing gay marriage? Why do homosexual and lesbian couples get to live the same way that straight couples do? Gay rights is a topic that many Americans are unfamiliar with, due to the fact that the baby boomers were raised in a generation where racism was alive and homosexuals/lesbians were an abomination. Therefore, children and young adults are experiencing
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The three theories that make up ethics are ultilitarianism, deontology, and virtue ethics. These all have one thing in common and that is the views hold morality on some level. They do all have different viewpoints though but the entire idea is to handle situations while having standards. What is morally right or wrong? These ethics explain the good nature in doing something. I would say a utilitarian would agree that limiting public smoking is a great idea. It would be for the greater good of
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Virtue ethics Virtue ethics put emphasis on the role of one's character and the virtues that one's character represents for defining ones ethical behavior. Virtue ethics is one of the three main approaches to normative ethics, often compared to deontology which put emphasis on duty to rules and consequentialism which derives right or wrong from the consequence of ones acts (Wikipedia, 2012). Therefore, virtue theory put emphasis on character, rather than rules or consequences, as the main part of
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Business Ethics Case Analysis: Apple Finds Human Rights Violation In Supply Chain. Using the 7-step model of Hartman & DesJardins, which helps examining the Impact of individual characteristics and organisational policies on ethical decisions. I will review an article written by the journalist Chilton Tippin on February 17, 2011, discussing the situation that many employees are experiencing, when working with organisations, where their moral rights are not met. According to the article, Surprisingly
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