Journal of Business Ethics (2009) 91:65–82 DOI 10.1007/s10551-009-0068-2 Ó Springer 2009 Analyzing Insider Trading from the Perspectives of Utilitarian Ethics and Rights Theory Robert W. McGee ABSTRACT. The common view is that insider trading is always unethical and illegal. But such is not the case. Some forms of insider trading are legal. Furthermore‚ applying ethical principles to insider trading causes one to conclude that it is also sometimes ethical. This paper attempts to get past
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I can completely relate to your views on how Martin Luther King Jr. used the utilitarian approach for ethical decision making. Your examples for individualism and utilitarian added nicely to your views. Two more ethical decision making approaches that Martin Luther king also used are moral-rights and justice. For moral rights‚ “managers need to avoid interfering with the fundamental rights of others‚ such as the right to privacy‚ the right of free consent‚ or the right to freedom of speech” (Daft
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An exploration of utilitarian context in the short story “The Ones Who Walk Away from Omelas” In the story “The Ones Who Walk Away from Omelas” there is an underlying instrument for gaining opulence. The instrument in this story is a strain on one’s moral code and buried deep in tradition. Mrs.Le Guinn‚ the author of “The Ones Who Walk Away from Omelas”‚ utilizes this short story to portray how utilitarianism is justified‚ accepted‚ and deemed tolerable within society‚ even to the point of sacrificing
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Compulsory Licensing in the light of John Locke’s Concept of Property and Utilitarian Concept of Bentham Introduction:- Is it fair to grant compulsory licensing to any person of any persons’ intellectual property for which he is demanding higher price? Intellectual Property is “jura in re propria”. It is a valuable intangible property which vests on the owner in the form of artistic‚ literary‚ dramatic‚ musical‚ cinematographic works and sound recording. It also exists in any new creation which
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Topic: The Ethical Treatment of Animals Moral reasoning using Utilitarian and Rights-Based ethics Utilitarianism values equality of all interest parties. It is on the principle that when making a decision‚ thorough consideration on the consequent cost and benefit must be made‚ and it is on the basis of impartial consideration of all related interest parties that the final decision should be made. Rights-based ethics‚ however‚ value the right of individuals. It is more like individualism. It is
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Title: Application of ethical principles; utilitarian‚ moral rights and Justice Models to an Australian case study As demand and competition increases‚ companies have reduced their cost and increased their profits by turning to countries with less expensive labor. Roberts (2013) revealed that workers at the Indonesian Nike factory are being forced to work for less than minimum wage and being threatened through the hiring of military personal. Harrison (2010) when obtaining goods it is important
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optimize utility in the situation; this will make the utilitarian point always abjectly correct. Under this systems your personal intentions count just like one vote and your fate can be decided by other people. As an example of this moral theory in practice you can observe: the human sacrifices
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same idea; if an act creates positive results‚ then it is thought to be good. Utilitarian’s must consider each separate case on its own facts; there is no wrong or right action‚ only that which extends the over-all happiness. Therefore‚ how a Utilitarian chooses to deal with the issue of abortion would be decided on a case by case basis. They
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1. From a utilitarian point of view‚ we could generally say that it is permissible to test on living creatures‚ because by finding a cure for pancreatic cancer we would help a large amount of people‚ while only hurting a few in the research process. According to Singer’s concept of speciesism‚ there is no significant difference between the human and the chimpanzee that we should take into account in making this decision. It doesn’t matter what species you belong to‚ and just because the human belongs
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there was a mishap of the usual transportation. This request was very short notice and I already had some of my notebooks in the car. I quickly evaluated my situation and used the criteria to see what would be the most beneficial. As a result of my utilitarian perspective‚ I lent my mom my car and I decided to carpool with someone else to get to campus. This was the best course of action in order to maximize pleasure for all parties involved. The intensity was immense because I felt better about saving
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