PHL295S - March 16, 2012

PHL295S - March 16, 2012 - PHL295Y March 16 th 2012...

Info iconThis preview shows pages 1–2. 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: PHL295Y March 16 th 2012 Review:- Smith: Trade generates wealth; driven by individual self-interest via invisible hand - Cocase & Sen: Invisible hand is powerful but not perfect; we need other mechanisms like ethics- Freeman: Corporate managers have ethical obligations to a range of stakeholders- Goodpaster: not all stakeholders are equal; shareholders are special- Boatright: shareholders and special because of their role in corporate gov., not - Heath: ethical key to business is preventing market failure- Buchanan: organizations need to get members to internalize norms to prevent disloyalties Timothy Casgrain (Guest Speaker)- Chairman of CBC- (moral circle within legal circle)- Employees -> customers -> shareholders (southwest airlines)- Honesty and competence at top of corporation- Financial times magazine (London) Whitbeck:- Ethics as design- Not a multiple choice test; not the train scenario- Sometimes looking back is looking forward- Ethical problems are practical problems- Design problems are problems of making things and processes to satisfy wants and needs,...
View Full Document

Page1 / 2

PHL295S - March 16, 2012 - PHL295Y March 16 th 2012...

This preview shows document pages 1 - 2. Sign up to view the full document.

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