ACCG101 Lecture Notes - Lecture 2: Deontological Ethics
30 May 2018
School
Department
Course
Professor
Week 2 Ethics
Ethics
Deals with human conduct in relation to what is morally good and bad, right and
wrong. It is the application of values to decision making. These values include
honesty, fairness, responsibility and compassion.
Accountability - being responsible or accountable. For example, stakeholders, a
business, employees, suppliers, environment
Teleological/ Consequential Ethics
- The consequences of a decision or action is the sole determinant of what is
right and wrong
- A morally correct action occurs when benefits outweigh costs
- How you get the result is less important than the outcome itself
- E.g. telling a lie is OK if people benefit at the end of the day.]
- Limitation: Tends to be a selfie approach to ethics. Emphasis is placed on the
individual or majority which may be unfair to the minority or may abuse
individual rights
Deontological/Non-Consequential Ethics
- Consequences are not important
- The intention to do the right thing is more important than the final result
- One does the right thing because it is the ‘right thing to do’
- E.g. telling a lie is never OK regardless of whether people are better off or not
Consequences
Teleological ethics
- Jail time
- Fines
- Job loss
Deontological Ethics
- Unethical and dishonest
- Morally and ethically wrong
- Legally wrong
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Deals with human conduct in relation to what is morally good and bad, right and wrong. It is the application of values to decision making. These values include honesty, fairness, responsibility and compassion. For example, stakeholders, a business, employees, suppliers, environment. The consequences of a decision or action is the sole determinant of what is right and wrong. A morally correct action occurs when benefits outweigh costs. How you get the result is less important than the outcome itself. E. g. telling a lie is ok if people benefit at the end of the day. ] Limitation: tends to be a selfie approach to ethics. Emphasis is placed on the individual or majority which may be unfair to the minority or may abuse individual rights. The intention to do the right thing is more important than the final result. One does the right thing because it is the right thing to do".
