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Are Corporate Decisions Moral?

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Are Corporate Decisions Moral?
Are Corporate Decisions Moral?

By David G. Hennessey

201130013

December, 2012

Morality. In today’s world we hear this term a great deal. In religion, politics, wars, etc, morality is spoken from the media, shouted from the roof tops and criticized by men and women alike. Many state that it is an old fashion concept, out of date and out of step with modern society and we need not follow it. Yet, few people hold to these lines when they hear of some scandal, some business dealing, some political mess that has gone awry and thus has been catapulted into the mainstream of everyday society. Then we care.

So what is it about morality that makes us fight against it, hold fast to it or try to avoid it? And where are the lines that once were so easily drawn but now seem so obscure? And whose morality is it? Who makes the laws and who says that one thing is right while another is wrong? So many questions, but is there an easy answer?

When it comes to business decisions and corporations in particular, can we have a “one standard fits all” reality? With many voices and many opinions, when do we know for certain that what our corporate decision makers are thinking and if they are considering the long term effect of their decisions or just the short haul? Only by examining their motives, their history or their goals might we find some answers that could enlighten our understanding of their minds. Morality is an issue of the highest importance and corporate decision making must be made with society morality in mind and with the common good at heart.

According to the referenceforbusiness.com website, “Most people involved in business—whether functioning as a small business owner, employee, or chief executive officer of a multinational company—eventually face ethical or moral dilemmas in the workplace. Such dilemmas are usually complex, for they force the person making the decision to weigh the benefits that various business decisions impart on



References: Halberstamm, Joshua, 2006, Right and Wrong in the Real World, Greater Good: The Science of a meaningful Life, retrieved from http://greatergood.berkeley.edu/article /item/right_and_wrong_in_the_real_world Lambert, N., 2012, CEO’s Fallen from Grace, Twincities.com, Pioneer Press, retrieved from http://photos.twincities.com/2012/04/11/photos-ceos-fallen-from-grace/20079/#5 www.benjerry.co.uk, 2012, Ben & Jerry’s Mission, retrieved from http://www. Ben jerry.co.uk/our-values/mission-statement www.economist.com, 2002, Fallen Idol, retrieved from http://www.economist.com /node/1109770 www.gategroupmember.com, 2011, CEO takes moral responsibility in fraud case, Gategroup, retrieved from http://www.gategroupmember.com/index. php?option=com_content&view=article&id=442:april-5-2011-ceo-takes-moral-responsibility-in-fraud-case&catid=46&Itemid=182 www.knowledge.wharton.upenn.edu, 2012, Tough Calls: How 40 CEOs Made Their Career-defining Decisions, Leadership and Change, retrieved from http://knowledge.wharton.upenn.edu/article. cfm?articleid=2718 www.referenceforbusiness.com, 2012, Business Ethics, retrieved from http://www.referenceforbusiness.com/small/Bo-Co/Business-Ethics.html

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