Theories of Corporate Governance Agency Theory • • • Separation of ownership from control Dispersed ownership structure – no single shareholder has the power to control management Economic theory suggest that managers will act in their own self interest instead of maximizing shareholders’ return Stewardship Theory Managers are good stewards of corporations and diligently work to attain high levels of corporate profit and shareholders’ returns • Different
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Name: Loo Zheng Xian‚ George 13th September 2011 Marketing Ethics: A Response to Roger Crisp Introduction In his article “Persuasive Advertising‚ Autonomy‚ and the Creation of Desire”‚ Roger Crisp discusses his views on the issue of persuasive advertising. His overarching argument is that persuasive advertising ‘overrides the autonomy of consumers’ and he concludes that ‘all forms of a certain common type of advertising (i.e. persuasive advertising) are morally wrong’. In my response to this article
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Professional Ethics “Nurses represent the largest group of health care professionals” (Sarikonda-Woitas & Robinson‚ 2002‚ p. 72). Professional nurses are accountable for his or her ethical conduct. Medical professionals have a legal and ethical responsibility to deliver safe‚ quality care taking into account the patients’ individual needs and allowing self-determination. The nursing codes of ethics are formal statements guiding professional conduct and informing the public of the nursing professions
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Computer Ethics is a branch of practical philosophy which deals with how computing professionals should make decisions regarding professional and social conduct.[1] Margaret Anne Pierce‚ a professor in the Department of Mathematics and Computers at Georgia Southern University has categorized the ethical decisions related to computer technology and usage into 3 primary influences: 1. The individual’s own personal code. 2. Any informal code of ethical conduct that exists in the work place. 3. Exposure
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VIRTUE THEORY‚ UTILITARIANISM‚ AND DEONTOLOGICAL ETHICS Ethics in Our Lives Kalin Leonard University of Phoenix Abstract Virtue theory‚ utilitarian‚ and deontological theories offer different views on how we make different decisions in our lives. Virtue theory focuses primarily on what a specific act says about a person’s moral character‚ utilitarian theory focuses on how a specific acts affects a large number of people‚ while deontological theory focuses on if that act is right or wrong
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References: -BSR Resources (2001). Business for Social Responsibility: http://www.bsr.org/resources/featured-resources.cfm (3 Dec. 2003). -Business Ethics Corporate Social Responsibility Report. http://www.business-ethics.com (3 Dec. 2003). -Organizational Ethics. The Ethics Resource Center: http://www.ethics.org/businessethics.html (3 Dec. 2003). eGuide
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* What is Business Ethics * Ethics is a branch of social science. It deals with moral principles and social values. It helps us to classify‚ what is good and what is bad? It tells us to do good things and avoid doing bad things. * So‚ ethics separate‚ good and bad‚ right and wrong‚ fair and unfair‚ moral and immoral and proper and improper human action. In short‚ ethics means a code of conduct. It is like the 10 commandments of holy Bible. It tells a person how to behave with another person
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22‚ 2012 Ethics Essay | Virtue Theory‚ Utilitarianism‚ and Deontological ethics | Leah Barlog | ETH/316 Barlog 1 In this essay I will be comparing the similarities and differences between virtue theory‚ utilitarianism‚ and deontological ethics. I will be discussing the differences in how each theory addresses ethics and morality‚ and lastly explain a personal experience between virtue‚ values‚ and moral concepts‚ and how they relate to one of the three theories. Each ethics has things
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institutions. Besides‚ ethics and ethical principles can help people make better decisions‚ and help people evaluate the decisions of others (like public officials). Much of this debate has focussed on “good governance”‚ broadly speaking. Ethics has also been a part of this debate‚ in particular the discussion on professional ethics of civil servants‚ and to a lesser extent the professional and personal ethics of politicians and elected office holders. Although the ethics of the civil service
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[pic] SUBJECT : Business Ethic SUBJECT CODE : UGB210 MODUL LEADER : Mark Winter MODUL TUTOR : Adeline STUDENT NAME : STEVEN CHANG SERN YEH STUDENT ID : Executive Summary This is an ethical audit report‚ the author will discuss about the ‘snapshot’ of British Petroleum’s business ethics. The report will identify the main ethical dilemmas faced by BP such as manipulating price‚ polluting the environment and violating human rights and employee safety. These ethical dilemmas will
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