mgt 203 Ethical Environment of Business

8/14/2019 mgt 203 Ethical Environment of Business

1/31

ETHICAL ENVIRONMENT

of Management

By Jomar F. Rabajante

International Society of Philosophers, UKLifetime Open Member


2/31

The Field of Ethics(Moral Philosophy)

Involves systematizing, defendingand recommending concepts ofright and wrong behavior.

Morals define personal

character, while ethics stress asocial system in which thosemorals are applied.

www.wisegeek.com


3/31

Ethics, defined (Filipino)

Some understood Ethics in itsAmerican sense, as what is right

or wrong (esp. in business ethics) The ultimate basis of the Filipino

psyche for its judgments: concepts

of kasalanan (sin) and mabutinggawa (virtuous action), which areof a religious extraction

Sison, UA&P; Angeles, ADMU


4/31

Virtue Theories(good habits of character)

Cardinal virtues (Plato): wisdom,courage, temperance and justice

Emphasized moral education

Aristotle: most virtues fall at a meanbetween extremes

Theological virtues (Christian): faith,

hope and charity/love Other virtues: benevolence & self-respect

VS vices (e.g. cowardice, insensibility,

injustice and vanity)www.iep.utm.edu


5/31

Sources of Morality/Ethics

Societal


6/31

Theories on Ethics


7/31

Theories on Ethics


8/31

Theories on Ethics


9/31

Sequential Perspectiveson Ethics Analysis

Intrinsic Values

External Factors


10/31

Is it ethical? Tests

Pagano, UIC at Chicago


11/31


Immanuel Kant
http://en.wikipedia.org/wiki/Image:Kant_2.jpg


12/31



13/31



14/31


Transparency


15/31

The Global Compact (UN)


16/31

DUTY Tests


17/31

Rights Theory

www.iep.utm.edu


18/31

Moral Rights, Four Features

www.iep.utm.edu


19/31

Three Models ofManagement Morality/Ethics

Bakhsheshy, Univ. of Utah


20/31

Developing Moral Judgment


21/31

Common Managements

Ethical Dilemmas

Conflict of Interest (e.g. stakeholder VSshareholder concept)

Protests

Whistleblowing Bribery

Bluffing and Deception

Deflating Human Rights Right VS Right situation contains

shades of gray

Choosing the lesser of two evils

CORRUPTION!


22/31

Codes of Ethics

Codes of Conduct

Policies and Procedures

Management Relations

Common Managements

Ethics Tools


23/31

Review

Ethical Environment of Management

Definition Morality & Ethics

Filipino Ethics

Sources of Morality/Ethics

Theories on Ethics

Sequential Perspectives on Ethics Analysis

Is it ethical Tests

Three Models of Management Morality/Ethics

Common Management Ethical Dilemmas and

Ethics Tools


24/31

Ethics VS Etiquette

Expectations for socialbehavior according toconventional norms withina society, social class, or

group. A rule of etiquette may

reflect an underlying ethicalcode, or it may reflect aperson's fashion or status.

Manners (no formal systemfor punishingtransgressions, other thansocial disapproval) Economic Class

Complexity ofEtiquette


25/31

Philippines - Republic Act No. 6713


26/31

Republic Act No. 6713


27/31


28/31

Duties (RA 6713)

Act promptly on letters and requests Submit annual performance reports

Process documents and papers

expeditiously Act immediately on the publics personal

transactions

Make documents accessible to the public

P hibi d A d T i


29/31

Prohibited Acts and Transactions(RA 6713)

Financial and material interest Outside employment and other activities related

thereto (This prohibition shall continue to apply fora period of one (1) year after resignation,

retirement, or separation from public office...)

Disclosure and/or misuse of confidentialinformation

Solicitation or acceptance of gifts(Nothing in this Act shall be construed to restrict or

prohibit any educational, scientific, or culturalexchange programs subject to national security

requirements.)

S d Di l


30/31

Statements and Disclosure(RA 6713)

Statements of Assets and Liabilities and FinancialDisclosure

Identification and disclosure of relatives

Accessibility of documents


31/31

mgt 203 Ethical Environment of Business

Documents

Transcript of mgt 203 Ethical Environment of Business