of Labor, Management, CEO, Board and Stockholders. I believe the Stakeholder theory is less ethical than the stockholder theory in terms of Libertarianism and Egoism. Libertarianism view points are that there is no direct harm, not infringing on rights, not breaking the laws, government protection only, free market and charity. The Egoism viewpoint is to maximize long-term self-interest. The Stakeholder Theory is less ethical from the Libertarianism viewpoint, because there are some major concerns
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Nova Southeastern University Wayne Huizenga Graduate School Of Business & Entrepreneurship Assignment for Course: MGT 5015 Legal, Ethical, and Social Values of Business Submitted to: Dr. Frank J. Cavico, J.D. LL.M Submitted by: James Jones N01456933 Date of Submission: March 12, 2013 Title of Assignment: Integrating Values – The Legality, Morality and Social Responsibility of, “Is it moral for the University of Notre Dame to pay their college football
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Universalism is a concept that is easy to grasp and makes sense in that people uphold common values like honesty, rules against murder, deceit, torture, or oppression as Brasfield has stated. I believe it is far too often that we see egoism in most organizations. Egoism states that self-interest is acceptable. Maximizing the benefit of the individual over the entire organization. Utilitarianism seeks the greatest good for the greatest number of people (Brasfield, pg. 170). These concepts should
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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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Maintain a mental attitude of intellectual honesty C. Be free of conflicts of interest D. All of the above 5. The method of ethical reasoning that deals with making decisions after considering the interests of others is: A. Egoism B. Enlightened Egoism C. Utilitarianism D. Rights Theory 6. Deontology deals with A. Emphasizes rights of others B. Consequences of actions C. Following prescribed virtue characteristics D. Following the law as an element of ethical behavior
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1. Discuss the market system and the need for ethics in business and distinguish it from the law and concepts of virtue and morality. 2. Discuss ethics in the context of relativism, psychological egoism, utilitarianism, deontology, and virtue ethics. 3. Discuss the ideas of character ethic, female ethic, human rights, and ethical action. 4. Discuss the factors influencing employee issues including the right to work, employment at will, due process and employee participation, health and safety
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sensitivity B. One's stage of ethical development C. Moral motivation D. One's courage in making decisions 5. The actions of Sherron Watkins in the Enron case appears to reflect each of the following except for: A. Moral sensitivity B. Egoism C. Enlightened egoism D. Professional skepticism 6. Professional judgment in accounting includes each of the following attributes except for: A. Exercising due care in carrying out one's professional responsibilities B. Maintaining one's objectivity in decision
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Ethics in Athletic Training Paper The purpose of this paper is to identify the situation in which a correct ethical decision must be made and the different outcomes of such decisions. In this essay, the main topics to be covered will be the appropriate approach to making an ethical decision, potential courses of action and their potential consequences. After reading this paper, the reader will have a more extensive knowledge in ethical decision-making and a stronger opinion in the case. In this
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that it was more immoral to check my status rather than waiting to find out Harvard’s decision. 2. Assess the morality of what the curious applicants did from the point of view of egoism, utilitarianism, Kant’s ethics, Ross’s pluralism, and rule utilitarianism. Egoism From the point of view of egoism, the applicants are morally right as long as their action promotes their long-term interest. If their “action produces or will probably produce for them a greater ratio of good to evil in
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Monarch Butterflies- Finding the big issue Options and Analysis (Major Ethical Principals) * Consequentialism * Define theory- Moral right of an action. Weigh good vs bad and how an action will produce later on in the outcome. * Egoisms * Define Theory - Self Interest towards
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