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Management (48)
MGT 3031 (10)
Lecture

Ethics

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Department
Management
Course
MGT 3031
Professor
John Usher
Semester
Winter

Description
MGT3031: Managing Responsibly in a Global Environment Feb 2/12 Corporate Social Responsibility in Business Schools  Corporate Knights o Canadian watchdog for social responsibility and sustainability o Regular reports o 4000 market stocks are monitored, 400 chosen, top 100 in many industries o KPI = key performance indicators Ethics in Business: The Theory  Two branches of ethics o Descriptive involves describing, characterizing, and studying morality  “What is” o Normative  “What should be”  Sources of ethical norms o Professionals often have their own ethical norms  Teachers, lawyers, doctors, etc  Utilitarian Ethic o Focuses on distribution of benefits and harms to all stakeholders with the view to maximize overall impacts o Simply about the tradeoffs o “Consequentialist” because it’s all about the consequences o “Theleological” because it’s all about the ends, not the means o If you could go back in time, you would kill Hitler in order to stop the Holocaust.  Universal Rules Ethic o All manager or corporations should have the same obligations in morally similar situations o The ends can never justify the means o If you could go bac
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