b10chap4 - 10/7/2011 1 Chapter 4: Demanding Ethical Ethical...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 10/7/2011 1 Chapter 4: Demanding Ethical Ethical and Socially Socially Responsible Responsible Behavior Behavior True or False? According to the Association of Certified Fraud Examiners, employee fraud causes 30% of all business failures. ` Enron shareholders lost $74 billion ` 22,000 Enron employees lost their jobs ` Bernie Madoff cheated his customers out of an estimated $40 billion 10/7/2011 2 ` So far, the 2008 subprime mortgage crisis has cost the U.S. economy about $3.3 trillion in lost GDP (6% trillion in lost GDP (6%) ` Thats $11,000 per man, woman, and child in the U.S. ` Europe has lost a similar amount ` Unethical behavior lowers our collective welfare, while ethical behavior raises our collective welfare welfare ` Kants categorical imperative ` Kohlbergs moral stages Act only in accordance with that maxim through which you can at the same time will that it become a universal law. ` Example: Only cheat on your spouse if you would be pleased to live in a world where all spouses cheated on each other. 10/7/2011...
View Full Document

Page1 / 7

b10chap4 - 10/7/2011 1 Chapter 4: Demanding Ethical Ethical...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online