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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Ethical Theories and Principle are decision making tools that managers may use especially during ethical dilemma. There are five common ethical decision making approaches that can assist manager based upon what is good in each situation. Utilitarianism or consequentialism, as just what its term “consequentialism” means. This paradigm is developed [originally] by Jeremy Bentham (1748-1832) and John S. Mill (1806-1873). Judges one’s action based on the maximums of the good in the world. In this
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Responsibility Final Exam 1. Ethical contractarianism is a freely made agreement between __individuals____________, ____team__________ and the __community________________. (6 pts.) 2. Deontology is rightness determined by rightness of the actions not rightness of the outcomes. (4 pts.) 3. Utilitarianism focuses on the ___team__ or _Community__. (4 pts.) 4. Virtue is _ doing what is right _. (2 pts.) 5. Values are the beliefs of a person or social group (4 pts.) 6. Moral
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In writing this essay, I had a really tough time figuring out which system of ethics my own ideas lined up with. I knew I didn’t agree with Immanuel Kant’s deontological approach for the most part (with the exception of not using people as a means to an end), but beyond that I was a little lost. Because of that, I decided to work through this essay backwards, figuring out my stance on the topics that needed to be addressed and then finding which system of ethics aligned with them the most. For starters
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Clearly, this patient has no idea how bad her illness really is. Not only does she have the doctor lying to her, but she also has two daughters who are in on it all too. Her primary nurse, must decide if she will go along with them as she was asked to do, or if she will go against them and possibly lose her job. We also must decide if lying to the patient is morally justified. After just going through a painful divorce, one could say that it is in the best interest of the patient to not know how
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mutilation is a cultural practice that is cruel and violent. This cultural procedure is performed on infants, young girls, and women of certain cultures. The utilitarianism theory would claim this cultural practice unethical because it does not achieve the greatest amount of happiness for the greatest number of people. The deontology theory will claim this cultural practice unethical because the action is wrong and dangerous according to medical studies. Female genital mutilation has no
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Community Profiles: Social Responsibilities Johnny Vega University of Phoenix ETH316 Charles Daniels 19June 2014 Community Profiles: Social Responsibilities Social responsibilities are essential for community residents, whether in rural, suburban, or urban venues.
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Norms of Morality Prof. Fernandino J. Pancho Definition •Norms of morality ◦is the criteria of judgment about the sorts of person we ought to be and the sorts of action we ought to perform. ◦the quality of things manifesting their conformity or non-coformity with the norm or criteria. (that which conforms is good or moral, that which do not conform is evil or immoral) ◦The subjective norm of morality – Conscience ◦The objective norm of morality – Law (natural) •Both natural
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Table of Contents Question 1: 2 Question 2: 5 2.1: 5 2.2: 6 Question 3: 9 Question 4: 13 Bibliography 17 Question 1: The definition of ethics deserves more than just one sentence, as it is an ambiguous, complex and intangible subject that revolves around behavior towards society, the environment and the business world at large. It is a reflection of one’s personal values and behavior within the business environment and is concerned with what is right and what is wrong based on
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looking at the issue through the view of utilitarianism. Any corporation should not be able make any contribution towards a campaign because then their ideas could become the candidates ideas even if a candidates is strongly against a subject that the corporation supports. We are going to look at the issue from the point of view of utilitarianism. Utilitarianism is a classical form of ethics that I will use to look at this issue. First off utilitarianism is described in our text book as a natural
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