Theories of why we punish offenders are crucial to the understanding of criminal law; in fact it is not easy to define legal punishment‚ however one thing is clear within the different theories of punishment is that they all require justification.[1] There are many theories of punishment yet they are predominantly broken down into two main categories. The utilitarian theory seeks to punish offenders to discourage‚ or “deter‚” future wrong doing. The retributive theory seeks to punish offenders
Premium Crime Punishment Criminology
Understanding Game Theory 9.3 A Non-Cooperative Game Model of Manager-Investor Conflict 9.3.1 Summary 9.4 Some Models of Cooperative Game Theory 9.4.1 Introduction 9.4.2 Agency Theory: An Employment Contract Between Firm Owner and Manager 9.5 Manager’s Information Advantage 9.5.1 Earnings Management 9.5.2 Controlling Earnings Management 9.6 Discussion and Summary 9.7 Agency Theory: A Bondholder-Manager Lending Contract 9.8 Implications of Agency Theory for Accounting
Premium Game theory
Utilitarianism & Stockholder Theory There are many theories when it comes to business ethics and what approaches to take. Two of these leading theories today are Stakeholder Theory and Stockholder Theory. But how does a business executive decide which theory to use when approaching business ethics? This could be determined by the choice of ethical decision-making model by the individual executive. In this essay‚ I will attempt to provide a basis for which a utilitarian thinking business executive
Premium Ethics Business ethics Utilitarianism
Summary 1 Introduction 2 Theories of Accounting 2 Public Interest Theory 2 Private Interest Theory 2 Regulatory Capture Theory 3 Is accounting Needed (GPFR)? 3 What does the financial department (accounts) do? 3 Why public disclosure became so serious? 4 Principal Agent Outlook 4 Agency Cost- Critical Reason for accounting frauds 6 Three Essential Accounting Areas 7 Capital Budgeting 7 Investments 9 Capital Structure 11 Trade off theory 12 Conclusion 13 References:
Premium Finance Corporate finance Investment
to care ethics‚ it can be justified to devote more of your attention to those that are close to you‚ as opposed to those that you are not close with. But according to Kantian and Utilitarian ethics‚ all people are equally deserving of moral attention. Care ethics is typically defined as a practice as opposed to a theory‚ and in this context “care” means maintaining not only our own needs- but the needs of others. Care ethics stresses the importance of caring motivation- feeling motivated to care
Premium Gender Woman Feminism
Title: Theories of Justice Compare and contrast each of the three theories of justice Provide illustrative examples of each theory Write a conclusion identifying your preferred theory of justice along with your rationale for choosing the theory Retribution (Deserts Theory) This theory states that people should be punished only if they have done something to deserve it‚ and only to the extent to which it is deserved. This theory is only concerned with the past‚ which means it supports
Premium Punishment Criminal justice Justice
good and evil for thousands of years‚ and in those thousands of years many strange ideas have been formed. Of all those ideas on the nature of ethics and what is ultimately most good and bad‚ emerged three major philosophical theories on ethics. The three major theories on ethics are ethical egoism‚ utilitarianism‚ and deontology. In this paper I will compare and contrast all three and show why ethical egoism is strongest argument for basing your ethical code on. The
Premium Ethics Morality Philosophy
The role of ethical theories in ethical reasoning and behavior within organizations - Research proposal Sigalit Pasternak‚ Phd student The Faculty of Management Tel Aviv University Supervisor: Dr. Ishak Saporta Introduction Business ethics is a specialized branch of ethics focusing on how moral standards apply to business organizations and behavior (Velasques‚ 1998). As such‚ it cannot be understood separately from the general ideas of ethics‚ and the general ethical theories apply to business ethics
Premium Ethics
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
Premium Ethics Morality Utilitarianism
Rudiment Principles in The Theory of Tax Dr. Jack Itzhak Barsheshet‚ Ph.D. Table of Contents Chapter One – Introduction 1. Preface 4 2. Jurisdiction to impose Tax 6 The Social Treaty and the Origin of Taxing 6 Historical Development 7 The Purpose of Tax 8 "Normative Tax Structure" and "Tax Expenditures" 8 Taxing and Justice 10 Distribution of Tax Burden 13 Does tax breaches Fundamental Rights? 16 Chapter Two – Postulates 3. Terms 20
Free Tax