Chapter14_ethics_385_pdf

Chapter14_ethics_385_pdf - Duties Justice and Fairness...

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ETHICS IN ORGANIZATIONS Chapter 14, November 17th
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Ethics Last chapter we are going to cover Important subject in the current organizational climate Rethinking business ethics: The Corporation
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MBA surveys Cornell MBA students: 1996 Compassion ranked last for future business leaders 2002: Maximizing shareholder value as main organizational goal Over producing useful goods/services, promoting well- being for employees, being environmentally conscientious, giving back to the community But over time, students began seeing the roles of organizations differently
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Foundation of ethics John E. Flemming Utilitarianism Problems? Rights Examples?
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Unformatted text preview: Duties Justice and Fairness Compensatory vs. Retributive Case Warm-up Aircraft engineer example Communicating ethics Creating links to non-profits Links to good causes can be good for business Corporate social responsibility Before: Primary objective is to (1) make profit and (2) operate under the established law CSR: meeting duties to the wider society or world Example: Green organizations Back to Enron Times of crisis Are corporations accountable for their actions? Bureaucratic anonymity reduces accountability Decline of traditional authority Erosion of trust Case 1: Nike Case 2: Napster/Limewire...
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Chapter14_ethics_385_pdf - Duties Justice and Fairness...

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