If I subscribe to the deontological theory of thought‚ the answer is a resounding no! According to Geuras and Garofalo (2011)‚ “...deontological ethical theory is one which maintains that the ethics of an action does not depend on the consequences‚ but upon an important feature of the act itself. ...that feature is the obedience of an action to a
Premium Morality Ethics
In this essay I have chosen to compare two opposing theories‚ Immanuel Kant ’s absolutist deontological ethics and Joseph Fletchers relativist situation ethics. The deontological ethics focuses on actions made according to duty and the categorical imperative - which shows how acts are intrinsically good or bad. The situation ethics state that no act is intrinsically good or bad‚ and that actions should b made according to love. From this perspective it looks as thought Kant ’s views were less personal
Premium Ethics Immanuel Kant Morality
Better Ethical Theory in Business World When it comes to talk about the ethical theories applying to the business world‚ deontology and utilitarianism are the two most debatable ethical theories that people may discuss. A majority of people may think that utilitarianism is more useful for understanding and addressing ethical issues in business since it focuses on the outcomes of every action. However‚ for me‚ I am a big supporter of deontology. I think deontology is more persuasive theory than
Premium Ethics Morality Immanuel Kant
Rights-based ethical theory (Social contract) On Cyberslacking affect on IT industry Cyberslacking a term used to describe employees who surf the net for their personal use such as writing e-mail or indulging in other internet-related activities at work that are not related to their jobs. These activities are performed during periods of time when they are being paid by their employer. The individual who perform such work is known as Cyberslacker while the whole act is called
Premium Ethics Morality Sociology
Enron was an energy company based in Huston‚ Texas. It was one of the innovative and also one of the seven largest company in the United States in 1990s. It had about 20‚000 employees at that time. The company was making profit from supplying natural gas and electricity until the late 1980s‚ but after that it expanded its operation to the trading of energy related financial products such as derivatives. Enron looked like a great company that makes a lot of profit however‚ in 2001‚ after the firm’s
Premium Enron Corporate governance United States
How the theory is used in making ethical judgments Ethical Dilemma In their profession a counselor will encounter situations where they’ll have to choose rather to do what the client asks of them or to stick by their individual beliefs. Just like in the text when the client who is in her late 30’s but is pregnant‚ situations such as this will test the beliefs of the individual because Catholics do not believe in abortions and in doing so will bring great shame from the Catholic community. One
Premium Religion Human Critical thinking
hear the word Enron‚ they immediately associate it with the most important accounting scandal of our lifetimes. Enron was an American gas company that began as the Northern Natural Gas Company in 1931. Internorth‚ a holding company in headquartered in Omaha‚ Nebraska‚ purchased the Northern Natural Gas Company and reorganized it is 1979. Enron arose from the 1985 merger of Houston Natural Gas and Internorth. After building a large‚ new corporate headquarters in Omaha‚ the new Enron named former
Premium Enron
E. Boos – Week 2 – Assignment February 17‚ 2013 The Enron and WoldCom Scandals ENRON 1. The segment of Enron’s operations that got them into difficulties had several parts. They published misleading financial reports. They could not meet their bridge financing commitment with Barclay Bank because outside investors were not found. Because of this‚ they restated activities of JEDI and Chewco SPEs so they could be retroactively consolidated into Enron’s accounts. The SPEs
Premium Enron
Enron is frequently given as an example of creative accounting. It is also given as a good example of accounting fraud and insider trading. This is a good example of creative accounting taken too far - not many would disagree that it was accounting fraud‚ although some would say they were just unlucky to get caught. after all‚ the auditors were Arthur Anderson‚ at the time one of the most respected auditing firms. Creative Accounting – Example 1 – Creating multiple trading entities The creative
Premium Finance Tax Fraud
“United States vs. Enron” Enron Corporation was one of the largest global energy‚ services and commodities company. Before it was filed bankruptcy under chapter 11‚ it sold natural gas and electricity‚ delivered energy and other commodities such as bandwidth internet connection‚ and provided risk management and financial services to the clients around the world. Enron was established in 1930 as Northern Natural Gas Company and joined with three other companies to undertake this industry. The four
Premium Enron Kenneth Lay Jeffrey Skilling