Business Ethics

Business Ethics ,[object Object],[object Object],[object Object]

Ethical vs. Unethical Decision-Making ,[object Object],[object Object]

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FOUR SPHERES OF MORALITY: ,[object Object],[object Object],[object Object],[object Object]

1. The Commitments of Private Life: ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],The Golden Rule is often called the ultimate ethical principle. ,[object Object],[object Object],[object Object]

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Integrity and character play important roles in the morality most people wonder about questions that ancient philosophers first articulated: What distinguishes a good person from a bad one?

What ways of living, what guidelines, what virtues make for a good person and a good life? What do I want my life to add up to? What abiding aspirations and commitments will give my life purpose and a sense of wholeness, coherence, and integrity?

2. The Commitments of Economic Agents: ,[object Object]

[object Object],For a full-length discussion of the “PRINCIPAL-AGENT relationship” in business, please click here: Corporate Governance

3. Commitments as Company Leaders: ,[object Object],[object Object]

 Many people realize some of their deepest aspirations―for a sense of belonging, contribution, and achievement―on the job.  Workplaces can nurture deep loyalties, strong friendships, and abiding ties among individuals.

4. Responsibilities Beyond Firms’ Boundaries: ,[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],JBE paper, William I. Sauser, Jr. (2005), “Ethics in Business: Answering the Call .”

FOUR ENDURING QUESTIONS: Mill Consequences? Aristotle Integrity? Jefferson Rights? Machiavelli Practicality?

Consequentialist (Teleological) theories of morality ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Rights theories ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],Deontological Systems (the act itself is either inherently right or wrong) (often rule-based)

VIRTUE theories ,[object Object],[object Object]

VIRTUE theories ,[object Object],[object Object],[object Object]

VIRTUE theories ,[object Object],[object Object],[object Object],[object Object]

Creating an Ethical Corporate Culture* ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],*JBE paper, William I. Sauser, Jr. (2005), “Ethics in Business: Answering the Call .”

Providing servant leadership ,[object Object]

Autry (2002/2003) summarizes six ideas about servant leadership made popular by Greenleaf and his disciples: ,[object Object],[object Object],[object Object]

Cont’d: ,[object Object],[object Object],[object Object]

*JBE paper, William I. Sauser, Jr. (2005), “Ethics in Business: Answering the Call .”

[object Object],[object Object],[object Object],[object Object],Its conclusion offers a challenge to business leaders to answer their CALL to business in the truest sense.

Business Ethics

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