MGT 3031 Lecture Notes - Corporate Social Responsibility, Corporate Knights
Document Summary
Corporate knights: canadian watchdog for social responsibility and sustainability, regular reports, 4000 market stocks are monitored, 400 chosen, top 100 in many industries, kpi = key performance indicators. Two branches of ethics: descriptive involves describing, characterizing, and studying morality. Sources of ethical norms: professionals often have their own ethical norms. If you could go back in time, you would kill hitler in order to stop the holocaust. Universal rules ethic: all manager or corporations should have the same obligations in morally similar situations, the ends can never justify the means. If you could go back in time, you would not kill hitler to stop the holocaust because it is wrong to kill people . It"s not right for the state to kill people because it"s not right for people to kill people. Ethics of caring: gives attention to specific individuals or stakeholders harmed or disadvantaged at a particular situation, takes elements from the utilitarian and universal rules ethics.