EN.660.100 Lecture Notes - Lecture 5: Johannes Nider, Jerry I. Porras, Corporate Social Responsibility

• School: JHU
• Department: EN Center for Leadership Education, EN Entrepreneurship and Management
• Course: EN.660.100
• Professor: Aronhime

Document Summary

Managerial ethics morality and standards of business conduct. Corporate social responsibility what corporations owe to society. James collins, jerry porras (building your company"s vision: core values organizational mission and objectives; strategies and practices, organizational efforts implement code of ethics, train employees to adhere, reward compliance, encourage whistleblowers, set examples with managers. Teleology consequences: egoism consequences are about me, utilitarianism consequences are about the greatest good for the greatest number of people. Deontology duties and obligations, regardless of consequences. Difference principle greatest benefit to the least-advantaged members of society. Lawrence kohlberg stages of moral development. John schermerhorn steps on how you should deal with ethical dilemma. Michael hitt moral intensity: magnitude of consequences, social consensus, probability of consequences, time between action and consequences, closeness person feels to those affected, consequences are concentrated on a few people or amongst group. Johannes nider (de contractibus mercatorum) merchants have moral, ethical, and social responsibilities wrapped around the just price (not dependent on market)