ACTG 2010 Lecture Notes - Lecture 12: Employee Stock Option, Corporate Social Responsibility, Moral Relativism

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Explain with reference to the characteristics of moral standards and how morality differs from things with which it is sometimes confused. Discuss with reference to ethical relativism and the myth of amoral business. Explain with reference to the sometimes conflicting pulls of moral conscience and self- interest. Discuss with reference to the three c"s of business ethics and two of robert solomon"s rules for being ethical. Define, explain and contrast consequentialist and nonconsequentialist ethical theories. Define, explain and contrast kant"s theory with utilitarianism. Define and explain the rival principles of distribution. Define and explain the concept of justice, its relation to fairness, equality, rights and what people deserve, and some rival principles of economic distribution. Define and describe the utilitarian approach to justice in general and economic justice in particular. Define explain and contrast utilitarianism with libertarianism. Discuss with reference to concern for total social well being. Define and explain rawls" theory of distributive justice.

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