Ch 42 Flashcards
Kohlbergs stages of moral development
- pre conventional - self: punishment/ reward
- conventional - group: group norms
- post conventional - universal: moral principles
moral philosophy and moral psychology
true
philosophy- describes what ought to be
psychology- depicts how people facing moral quandaries think, feel and act.
utilitarianism
722
people must choose the action or follow the rule that provides the greatest good to society
rawls’s social justice theory
724- false behind veil of ignorance, neutral
section 406 of the sarbanes-oxley act
728
requires a public company to disclose whether it has adopted a code of ethics for senior financial officers
social responsibility of business maximize profits
726
a corporation owes a duty to take actions that maximize profits for shareholders.
public benefit corporations
729
for-profit corporation, but with missions additional to the pure profit motive