AFM131 Lecture Notes - Lecture 11: Federal Accountability Act, Corporate Social Responsibility, Ethical Dilemma

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: David H A

Document Summary

How will it make me feel about myself if i told my family, friends, supervisor, clients (have i been warned not to disclose my actions - corrodes self-esteem) Laws don"t make people honest, reliable and truthful. Styles of recognizing and resolving ethical dilemmas but those who break the law should pay consequences the. Problem with writing laws to correct behaviour makes people think that any behaviour within acceptable the law is. Ethics relects our relations with one another standards of moral behaviour. Integrity, respect for human life, self-control, honesty, courage, self-sacriice. Situational ethics (utilitarian model) - few morale standards, each person needs to work out what is right, whatever works out best for them. Ethical behaviour needs to be exhibited in our daily lives. Students and ethical behaviour what is practiced in inishes school school is practiced at work once someone. Keeping ethics in mind when making a decision is not always easy.