As the subject title indicates, Substantive ethics is about the integration of law and ethics in corporate ethics programs. The author of this article gives numerous examples of why integration of law and ethics is needed. There are numerous areas of concern, such as dishonest corporate dealings, global human rights, tort lawsuits, and questionable executive salaries (Blodgett, 2012). There is a view that laws are rules meant to be followed and not necessarily understood for its ethical value. This in turn is a major factor as to why ethical violations exist. New regulations are created often times in the corporate environment or society in response to ethical petitions for change (Blodgett, 2012). In order to have “ethical sustainability” (Blodgett, 2012, p. 39), the ethical component of laws must be incorporated with new regulations (Blodgett, 2012)
The article examines the correlation of law and ethics as it focuses on managerial decision making and corporate governance. It is approached in three ways via the applied approach, change of corporate ethics codes, and restructuring the current view of law and ethics (Blodgett, 2012). The three main applied approach are the “separate realm view” (Paine, 1994a. b., p. 154). This view interprets a law as a minimum or base level standard that must be followed. In contrast, the ethical principles of morals and behavior are viewed as grander and distinguished from the law (Jennings, 2006). The problem with this view is without
The purpose of this paper is to evaluate the legality and ethicality of the corporate governance activities that occurred in an ethics case presented in the text. The paper will provide relevant details regarding the legality of the activities, the criteria by which Sarbanes-Oxley would apply to this case, the ethicality of the activities, whether or not the activities were equitable to internal and external stakeholders, and the next steps representing best interest of all stakeholders.
The survey was performed in 2010 involving members of the Ethics and Compliance Officer Association (ECOA). They focused on the evolution of business ethics by analyzing six other studies over a span of two-and-a-half decades. Members of the survey were ethics manager, but members on the previous studies were regular employees and management. The results of the analysis of the previous studies showed that ethics programs in companies during a time span of the 1980’s through the 1990’s was used to show social responsibilities and not necessarily to enforce it throughout the company. It showed that ethics programs now that companies follow ethical laws and they are motivated to be ethical. Another result of the study showed that ethics training at companies has increased since the 1990’s due to the passing of Sarbanes-Oxley and other laws directed at ethics. The passing of the laws in the early 2000’s has led to ethics being a major component of everyday
The author Robert Solomon argues that ethics has to an integral part with regard to business management. He does not believe that business management must include unethical or illegal methods to be able to succeed. Solomon preaches that business management is not as simple as obtaining revenue. “Businesses need to abide by fair policies and their owners have to be ethical in dealing with their customers” (Shaw p. 37). The author acknowledges that while illegal practices in business management could bring positive results at first, eventually the business is bound to fail. This is why Solomon recommended eight important policies that can help businesses in integrating ethics into their operations.
Corporations can be large or small but they all have some sort of ethical impact on their employees, shareholders, customers, community, and surrounding environments. Richard DeGeorge writes, “We can speak of corporations having moral responsibilities to act in certain ways, and they are morally responsible for the consequences of their actions on people.” (p. 200). Large corporations are comprised of the board of directors, management, and their workers. They also deal with suppliers, customers, and have competitors. This essay will examine the moral responsibilities within a corporation.
This will be an over view of ethics as it relates to business in our society. Concepts from Philosophy will seek to describe the correlation between actions that are classified as morally right or ethical in our dealings with each other as human beings. Clear and concise examples will be given as well as ways in which to improve upon business ethics.
Ethics are values and principles that individuals use to govern his decisions and activities. Ethics are about moral judgment of an individual about right and wrong. In an organization, code of ethics refers to set of guiding principles and organizations use these principles in their policies, programs, and decisions for business. Within organizations, decisions are taken by groups or individuals and these decisions are influenced by the culture of the company. Decision making and relevance of ethics may also differ for nonprofit and for profit organizations. In contemporary business environment, organizations must have a clear ethical policy and implement it in proper manner. There are many social, legal and economic outcomes that company has to face in case of any ethical dilemma, so there must be a smart strategy to deal with ethical dilemmas. In this paper, we will address the ethics for nonprofit and profits organizations, ethical dilemmas being faced or faced by each of these companies and the outcomes of these ethical dilemmas. Critique of actions of each of these companies will be provided from the point of view of applicable philosophical theories of organizational ethics.
The United States of America can be regarded as one of the most diverse and progressive countries in the world with people from all corners of the world contributing to the changing culture of the melting pot that is America. Despite this, our government inadequately represents our diverse population, specifically in Congress, with many officials being Christian, older, non-Hispanic white males dominating government.
People that work with laws every day know that it isn’t an exact science. The reason is not that it has a lot of issues or that it is always affected by politics, instead the main reason is the human factor. People end up changing their minds and everyone one makes mistakes at some point. For example, in legal situations the information that is collected could be incorrect or made up. That is the main reason why law and ethics go side by side. Most people want to make the correct decision whenever it comes to something that deals with law and ethics. When people look at something that is illegal, they automatically see it as unethical. However, whenever something is legal people think that it is ethical. Law is a system of rules of human conduct created by society but enforced by public authority. Being able to understand what is right or what is wrong, plus the ability to recognize the difference between them is called ethics. To have a successful business, employers need to have intensive ethical values as well as an organizational culture run on a set of ethical principles. As a matter of fact, the ethical issue is very important because it could certainly affect stakeholders who are interested in the company. Furthermore, if an organization has high values in terms of ethics, the impression that the stakeholder obtains will be the key in building a trust relationship convincing them stay in the organization longer. Finally, to gain a good reputation in society it is
Law and morality work together to guide our behavior; while law does it by punishing us if we do something wrong, morality does it through incentives. In their articles, both H.L.A Hart in “Positivism and the Separation of Law and Morals,” and Lon Fuller’s reply to professor Hart in “Positivism and Fidelity to Law,” discuss the concept of law post world war II Germany and their re-imagining of natural law as put forth by Gustav Radbruch’s theory. In this paper, I hope to show how both law and morality is needed to create just rules, more specifically drawing from the “grudge informer” case mentioned in Hart’s article. First, I will explain the dilemma of the “grudge informer” case and the contradicting theory laid down by Radbrunch’s.
When it comes to large sums of money, it is not uncommon for the spender to feel they have been ripped off or become over protected. The practice of law is no exception to this phenomenon, and crocked lawyers and paralegals have negatively contributed to the notion. On several occasions law professionals have taken client money for personal use, acting against the law and rules of professional conduct. Although lawyers and paralegals have their own individual rules and guidelines to abide by, they follow the same professional structure of proper conduct. The rules of conduct for paralegals is governed by the Law Society of Upper Canada and is the governing body responsible for reports of misconduct. Further investigations will lay out the proper procedures and tasks that must be completed when a paralegal encounters an accusations of misconduct, specifically when a client accuses a paralegal of misappropriating money from the clients trust fund. When it comes to possible options it is important to remember that by proactively sending a report of the circumstance to the Law Society of Upper Canada with a detailed list of events, bookkeeping and accounts billed to the client will help your case prior to the client reporting you to the Law Society. Should a paralegal choose to ignore the threat of the client, in hopes that the client will not follow through with higher involvement, the paralegal will then face an audit by the Law Society. If the Law Society is apprised that the
As the rapid development of internet, the technology of wireless sensor network (WSN) plays an important role in our real life. Moreover, WSN are the essential elements on a wide range of fields such as Internet of things (IOT). Thus, it is necessary to prevent WSN from internet attacks and maintain its stability. Sensor nodes in WSN can not only collect and process physical data, but also communicate with other entities. Therefore, this essay will illustrate three approaches on the security of WSN and analyze as well as discuss the three approaches based on attacks types, attacks source, applied range and energy consumption and so on.
From the readings addressed in class, we find that ethics is a set of principles governing the morals and code of conduct. Further, it entails the application and evaluation of these codes of conduct that have been accepted by the society. The study of business ethics can be traced back when Socrates challenges his students about the concept of goodness and justice. We have continued to uphold this Socratic method of inquiring moral conduct thus drawing debates within
When discussing the relationship between law and ethics a lot of things are taken in consideration. But the first thing is to know what each of them mean. In some ways law plays a role in ethical values, while some laws can be influenced by ethical values.
Many young adults try to play pretend to avoid their reality. When school or friendships build up they may become difficult to deal with. In the novel, A Separate Peace by John Knowles, some of the students of the Devon School try to escape their lives to create new ones in their imagination. Gene thinks of excuses and others stop believing in the world that they are living in. The war makes most of the kids create delusions about themselves and the others around them. The theme, one’s internal war is derived from external struggles, is demonstrated when Gene cannot face his delusions about Finny, Leper’s brain pulls tricks on itself, and Finny trying to make himself no longer believe in the war.
Business Ethics – Business ethics are linked to social responsibility, however, it focuses on the “ethical behaviour of managers and executives in the business world” (Erasmus, Strydom and Rudansky-Kloppers, 2015: 11). Many businesses have implemented a ‘code of business conduct’ to ensure that all executive members and managers have a precise outline of what is considered to be ethical in the business environment. (Erasmus, Strydom and Rudansky-Kloppers, 2015: 11)