Business Ethics Flashcards
intro - history/news
1889 great dock strike
industrial revolution, more rights
1970 - equal pay
oxfam scandal
language of business overlaps with moral language
whistleblowing case studies/law/companies
public interest disclosure act 1998
ed Snowden, 2013
2017, via hacking abilities
david Kelly 2002 iraq
wikileaks Assange
oxfam scandal
- helen Evans, former head of safeguarding for Oxfam
whistleblowing and theories
kant
duty to employer or self?
1st ci: honesty
2nd Ci: whistleblowing = good if manipulating
bentham
- HC could be against WB
mill
- quality
rule util is for WBq
whistleblowing and scholars
Hannah arendt
norman bowie
CSR and scholars positive
+ Sam healy, qinetiq
+ Robert c solomon, can be moral and successful
+ Aristotle, emphasis on community
+ Cardinal vincent,: human dignity, subsidiarity (+ mill, pope Pius XI), fraternity (+Aristotle), sustainability, solidarity, common good
CSR good/bad examples
freedom to care
anglo American
coca cola
niger delta, 69k dead, 90 fields, h - 98% by humans
CSR and scholars negative
friedman
- conflicting interests
- trickle down (-Pope Francis)
CSR and companies - investment
FTSE 4 good
UN principles for responsible investment, 6 ideas, 1.6k sign, $62trill
CSR and theories
kant: deontological, autonomy of business. 1st CI = moral, 2nd CI, cannot be only profit driven, may exploit
bentham
- free market economy
HC (could justify exploitation)
mill
- quality of CSR vs quantity of money loss
singer
- people prefer CSR
good ethics = good business, Good examples
freedom to care
body shop
quakers (JHS solar solution, the hill family)
good ethics = good business, bad examples
coca cola
tesco (326mill)
Brazil World Cup 2014 and olympics 2016, 170,000 homeless
48.5 mill enslaved, 68% force laboured
good ethics = good business, scholars
+ Ford
+roddick
good ethics = good business, theories
kant - honesty, no manipulation
Bentham - HC
Mill - yes
Singer - yes
globalisation explanation and examples
free market economy
interdependency
labour = cheaper
factory, 1.1k dead, 2.5k injured (H, $30 mill raised)
globalisation scholars and theories
Pope John XXII - means we can’t be indifferent to suffering
kant: can’t universalise everything to do with globalisation need trade to be fair
Bentham: HC allows child exploitation
mill - suffering > profit
singer: applauds Harvard grads. rich countries must help poor e.g. James Rachel’s, drowning child