Clinical Research Ethics Between 1932 and 1972‚ a clinical trial sponsored by the U.S. Department of Health‚ welcomed 400 African Americans to join a trial. The perception of trial was very different from the participants and the researchers (sponsors). Participants thought they were getting treatment for “bad blood”‚ which means a minor illness. In exchange for participation‚ the participants received free medical exams‚ meals and burial insurance. Participants were not informed it was an experiment
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706694 Utilitarian and retributive theory of punishment Utilitarian Theorists believe that punishment should be developed based on what is best for the public as a whole. Utilitarian theorists are forward looking as opposed to retribution theorists. The goal of utilitarian theorists is to prevent a crime from happening again. In a general sense this means that the punishment for a certain crime needs to be great than the possible reward for committing the crime. A utilitarian theorist believes
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gupta) Table of contents S.no | Topic | Page no | 1 | Corporate governance | 5-6 | 2 | Enron – An overview | 7-10 | 3 | Journey from Enron corporationTo Enron creditors recovery corporation | 10-14 | 4 | Enron’s injured parties | 14 | 5 | Lessons to be learnt | 15-16 | 6 | Satyam – An overview | 17-21 | 7 | The Satyam Scandal
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that all humans were liberated to act in whatever way they choose. Human beings act as free agents to make contracts with other humans to fulfill their civic and social duties. The utilitarian approach asserts that humans are principally driven by the idea to maximize their pleasure and diminish pain. The basic principle of the classist school of thought claims that human beings are free in their will to take up criminal activities on the basis
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Kovaleva Mary Assignment 3. Enron scandal Rise of the company Enron was an American energy company based in Houston‚ Texas. It was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. In 1985‚ Kenneth Lay merged the natural gas pipeline companies of Houston Natural Gas and InterNorth to form Enron. In the early 1990s‚ he helped to initiate the selling of electricity at market prices and‚ soon after‚ the United States Congress passed legislation deregulating the
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Trip Winkel Finance 303 May‚ 27 2005 Dr. Namorato The Enron Scandal Enron was established in 1930 as Northern Natural Gas Company and joined with three other companies to undertake this industry. The four companies eventually began to break apart between 1941 and 1947 as a result of a public stock offering. In 1979‚ Northern Natural Gas was placed under new management when it was bought by InterNorth Inc. In 1985‚ Kenneth Lay‚ CEO of Houston Natural Gas Company devised a transaction
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Shaan Yen Studet ID number: 1241413 Paper code: 285008/16 This essay looks at the ethics involved in a high profile sex offence case recently dealt with in the Auckland District Court. The case was published in the New Zealand Herald on the 3 September 2011. Kantian and Utilitarian theories were applied in discussing four different perspectives of the key participants; The Judge‚ The Offender‚ The Victim‚ and The Public. The Judge‚ Philippa Cunningham‚ discharged the offender without conviction
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Enron Research Paper In 2001‚ the world was shocked by the demise of Enron‚ a multibillion dollar corporation that had thousands of employees and people that had affiliations with the company including The White House itself. Because of the financial chaos and destroyed lives and reputations this catastrophe left in its path‚ questions arose concerning how exactly it happened‚ why it occurred‚ and who was behind it. It is essential to understand how this multibillion dollar corporation rose to power
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Ethics Case Study Ethical business behavior can be defined by business leadership. “Generally speaking‚ an action or choice can be considered ethically correct if it’s honest‚ fair‚ supports a beneficial outcome for both parties‚ and generally enables the overall corporate image and vision” (Definition of Ethics‚ 2002). In the following we will discuss how economic pressures on China‚ Jamaica‚ and America play a role in the ethical decision-making for financial‚ environmental‚ and cultural issues
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Virtue Theory The Virtue Theory is one of the three main theories in normative ethics‚ which emphasizes virtues in determining moral character and what is good. It focuses on what makes a good person‚ rather than what makes a good action. In other words‚ The Virtue Theory is an agent-based approach to ethics‚ which asks this question about being good: “What kind of person should I be?” This is in contrast to the other two approaches‚ Utilitarianism and Kantanism‚ which ask this question concerning
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