A Question of Managerial Ethics Cretia Ludwigson Keiser University Dr. Randy Kuhn Accounting for Decision Makers ACG5075 September 15, 2013 A Question of Managerial Ethics The ethical situation that Moyer found himself in is undoubtedly one that is encountered by many managers. In this short discussion, it will be argued that Moyer is facing a dilemma of corporate social responsibility. When Moyer discovered that the
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CHAPTER 4 CHAPTER OUTLINE What Is Managerial Ethics? Criteria for Ethical Decision Making Utilitarian Approach Individualism Approach Moral Rights Approach Justice Approach Factors Affecting Ethical Choices The Manager The Organization What Is Social Responsibility? Organizational Stakeholders The Ethic of Sustainability and the Natural Environment Evaluating Corporate Social Performance Economic Responsibilities Legal Responsibilities Ethical Responsibilities Discretionary Responsibilities
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Introduction to Business Ethics Objectives: * Gain an understanding of why business ethics is important. * Learn how business ethics fits into the broader discipline of philosophy. * Realize that the culture in which we live influences our thinking. Business ethics, some would say, is an oxymoron. After all, the media presents, on nearly a daily basis, the shenanigans of corporate representatives as they ply their trade. Price fixing, anti-competitive behavior, fraud, deceptive advertising
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Hedging by Executives: An Ethical Decision Nicole Jennings University of Maryland University College Introduction Hedging is a term used to describe the process of reducing risk exposure to a firm. Specifically, the use of derivatives, reduces this risk. A derivative is a tool whose value is based on something other than the market value of the firm (Ross, Westerfield, & Jaffe, 2013). Two of the most common derivatives are options and futures contracts. An option is a contract allowing
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Pamela is faced with the dilemma of deciding between potentially saving the company $300,000 per year or saving people’s jobs. Specifically, Pamela must decide whether or not she should correct mistakes in a report prepared by her assistant controller. The purpose of the report is to help key stakeholders decide between two alternatives for supplying the company’s telecommunications needs. The assistant controller overlooked some avoidable fixed costs of operating the company’s telecom division
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ACCOUNTANTS According to (Finn, 1994) ethical behaviour is a base which is required in the accounting profession to provide a proper and professional service to a client who just relies on the information provided by the accountant. This helps to build a reputation and in as well in the eyes of the client that the accountant is reliable and adds to their degree of trustworthiness for the client. The reason it has become so important to monitor the ethical behaviour of accountants is because of
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business these days. It comes down to, what is right and what is wrong. But making the decision between right and wrong isn’t as simple as it seems. Lots of factors go into the situation and make it difficult to choose the best outcome. An example of a situation is in the article, “A Question of Appearances”, where Maura, an HR director for a fast-growing information technology company, has to make a decision that could either benefit the company great financially, or cause a very valuable employee
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An Ethical Theory Applied to Business Organizations The object of this essay is to establish whether there is an ethical theory that can be successfully applied to business organizations. In order to answer this question, it is necessary first to define the major ethical theories, which are utilitarianism, deontology and virtue ethics, before determining whether there are any other options. After that, the ethical needs, problems and limitations of work organizations will have to be examined so
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Introduction 3 2. Identification of Ethical dilemma 3 2.1. Reasons why it is an Ethical dilemma 4 3. Analysis of Dilemma 5 3.1. Effects on Stakeholders 8 3.1.1. Deceptive Argument 8 3.1.2. Normative Argument 9 3.1.3. Instrumental Argument 9 1. Recommendation and Solution 9 2. Conclusion 10 Reference List 11 1. Introduction This study concerns ethical dilemma that is occurring in Muartoto Pvt Ltd. In addition the dilemma will be analyzed using all the relevant
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managers are faced with an ethical dilemma of some nature and they are expected to work through them and make the proper decision to better themselves and the company they work for. A few ethical issues a manager would face would be hiring, performance evaluations, discipline, termination, diversity, and harassment. The topic I chose to focus on for this paper is moral and ethical issues managers face when dealing with hiring new employees for their company. The moral and ethical issues faced by managers
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