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Business & Professional Ethics

Chapter 3 – Ethical Behavior Philosopher's Contributions

Philosopher’s Contributions

Learning Objectives • Last session completion & nuggets. • What were the basic contributions of philosophers?

Business & Professional Ethics

2011

Nuggets from Previous Sessions

• Stakeholder support recognized as essential • Values – hypernorms • Increased ethical sensitivity: • Emphasis on developing:

– – – – – Scandals – governance reform caused – Ethical expectations higher

• Board of Directors and their Duties

A culture of integrity Guidance Compliance & reporting arrangements Decisions must reflect values

Business & Professional Ethics

2011

Pop Quiz – Hypothetical Situation

• Assume you are an officer on a non-profit charter school board. You invite your principal to come teach a class regarding gentrification in New Orleans and how it affects public and charter schools alike, and the ethics involved. The school’s Honor Code (AND state law) require any student who brings a knife, gun or drugs to school to be reported without question to the police. Your school’s principal announces to your class that he does not report drug related instances, but rather deals with them in his own hands to avoid giving the student a record.

• What is your response as an officer on the board?

Business & Professional Ethics 2011

Pop Quiz – Hypothetical Situation

1. Notify the Chairwoman or the Chief Compliance Officer 2. Request an Executory meeting (Chair to call this meeting) 3. Resign if no action is taken

Business & Professional Ethics

2011

Encyclopedia of Philosophy – Ethics Definition

1. A general pattern or “way of life” 2. A set of rules of conduct or “moral code” 3. Inquiry about ways of life and rules of conduct

Business & Professional Ethics

2011

FIGURE 3.1

THE ETHICAL REASONING PROCESS Philosophical Theories

Utilitarianism/Consequentialism Deontology Justice & Fairness Virtue Ethics...