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Which of these parties are considered when decisions are made utilizing stakeholder ethical theory?
Wiki User
∙ 12y ago
All of these are considered utilizing stakeholder theory: Shareholders, Customers, and Employees.
Wiki User
∙ 12y ago
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What are the most common ethical violations in finance?
The most frequently occurring ethical violations in finance relate to insider trading, stakeholder interest versus stockholder interest, investment management, and campaign financing.
What influence does stakeholders have on a company's actions?
Depending on what stakeholder it is, a shareholder = company gaining lots of profit consumers = operating in an ethical manner employees = better working enviroment
Why are ethics so important in the accounting field?
Investors and creditors rely on financial statements when making decisions on allocating capital. If a company has a poor ethical track record when reporting financial results, investors will take their money elsewhere. This can be observed when a company's stock plunges after news of accounting errors or manipulation. Ethical accounting is foundational to an efficient capital market and lowers a firm's cost of capital.
What is an example of an ethical question that can arise from the use of a new technology?
The information retained in any particular software is an ethical issue associated with technology. Technology is also used to track customers, which raises additional ethical issues.
Is value maximization always ethical?
No value maximization isn't always ethical. If it costs businesses more to add value to products and it jeopardizes whether the product will be purchase, than it is not ethical, since businesses have a duty to stockholders.
A person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?
a person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?
What ethical business behavior?
the ability and willingness to reflect on values in the course of the organization's decision-making process, to determine how values and decisions affect the various stakeholder groups
What are some benefits to using stakeholder approach in ethical decision making?
identify the benefit of using stakeholders approach in ethical making
What leadership is best suited for higher levels of ethical commitment among employees and strong stakeholder support for an ethical climate?
Transformational
Why do scientists have to make ethical decisions?
Because scientist must decide whether what they are doing will be considered acceptable to majority of society.
What are the most common ethical violations in finance?
The most frequently occurring ethical violations in finance relate to insider trading, stakeholder interest versus stockholder interest, investment management, and campaign financing.
Universal ethics can help us .?
Make ethical decisions
How many perspectives are used for ethical decisions?
Type your answer here... 3
What is essential to making ethical decisions about the application of scientific knowledge?
values
What questions will help individuals and organizations when deciding if their decisions are ethical?
is it balanced
What kind of action results from an ethical decision?
The kind of action that results from an ethical decision is a consequence. Ethical decisions come from a person's personal standards of what is right and wrong.
Which four ethical norms are often used by companies to help individuals make ethical decisions?
utility, rights, justice, and caring
