BLAW 414 Chapter Notes - Chapter 1-3: Four Year Plan, Global Crossing, Investment Banking

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Virtue ethics (or theories of virtue) emphasizes the character, motivation, and intention of the decision maker. The understanding of ethics in virtue ethics represents a comprehensive approach, not a specific approach, because it moves beyond the examination of single isolated issues or situations. Ethical theories of virtue often refer to aristotle, who described in nicomachean. Ethics the human pursuit of happiness through moral excellence. As the name implies, virtue ethics considers character to be important, but virtue ethics also stresses the need for a community that cultivates the virtues. In virtue ethics, moral judgment is seen as something that goes beyond the following of rules. Instead of rules, ethical role models play an important part in developing ethical judgment (dobson 1997). An example of such a role model is warren buffett, who was viewed by many as the embodiment of integrity when, after the u. s. treasury auction scandal at salomon brothers, he took the helm of the firm in 1991.

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