Corporate Governance
Priscilla Coats
Professor Augustine Weekley
LEG 500
Law and Ethics
Febuary 17, 2013
Abstract In this paper I will determine at least three different internal and external stakeholders that Dr. Do right might have to deal with on a daily basis at the hospital, I will compare and contrast potential conflicts of interest that may exist between the internal and external stakeholders, then discuss whether Dr. Do Right has fulfilled his ethical duty by reporting the illegal procedures, I will describe the deontology principles and apply it to the ethical dilemma that Dr. Do Right faces in this case. Describe the utilitarianism principle and apply it to the ethical dilemma Dr. Do Right faces in the case.
Internal and External Stakeholders Internal stakeholders are Individuals who reside inside the company as board members, executives, managers, employees, and trade unions and who benefit directly from their contributions to the growth of the company. Internal stakeholders are employees, management, and the board of directors. The external stakeholders would be family members, competitors, suppliers. External stakeholders are customers, supplier, or lender that influences and is influenced by an organization but is not a member of it. The duty of loyalty owed to each internal and external stakeholder
References Halbert, Ingulli (2012) Law and Ethics in the Business Environment 7th Edition
Solis, Hilda (ND) Discrimination Based on religion- United States Department of Labor Retrieved January 27, 2013 from: http://search.usa.gov/search?affliate=u.s.departmentoflabor&query=the+right+to+take+off+for+religious+holidays
No Author (2013) The At-will-Presumption and Exception to the rule Retrieved January 27, 2013 from: http://www.ncsl.org/issues-research/labor/at-will-employment-overview.aspx
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References: Halbert, Ingulli (2012) Law and Ethics in the Business Environment 7th Edition Solis, Hilda (ND) Discrimination Based on religion- United States Department of Labor Retrieved January 27, 2013 from: http://search.usa.gov/search?affliate=u.s.departmentoflabor&query=the+right+to+take+off+for+religious+holidays No Author (2013) The At-will-Presumption and Exception to the rule Retrieved January 27, 2013 from: http://www.ncsl.org/issues-research/labor/at-will-employment-overview.aspx Read more: http://www.investorwords.com/15517/internal_stakeholders.html#ixzz2LCVFslDZ