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Ethical issues regarding corporate governance
Ethical issues regarding corporate governance
The role of ethics in corporate governance
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In Dan Ariely’s book, The Honest Truth about Dishonesty, he explains, through experiments, how internal and external factors cause people to lie and cheat. Ariely (2012) believes that people want to feel good about themselves, which is ego motivation, while also benefiting from cheating (p.27). He states that when people cheat a little they can still view themselves in a positive way through rationalization. The author then goes on to propose the fudge factor theory which is a person’s ability to rationalize their cheating (Ariely, 2012, p.27). In Ariely’s book he describes factors that can influence whether a person will cheat such as morals, conflicts of interest, peers, organizational culture, self-rationalization, and creativity. Moreover, he describes factors that can stop people from cheating, such as moral reminders, signatures, and regulation. This paper will provide a summary of
He starts by explaining the concept of external signaling, meaning that a person’s clothing shows their social status to others (Ariely, 2012, p.120). He states that people who buy counterfeit clothing diminish the strength of external signaling and the authenticity of the real product (Ariely, 2012, p.122). Moreover, Ariely describes self-signaling that means that a person judges and view ourselves the same way we do others. For instance, he questions whether wearing counterfeit clothing, make us feel less legitimate (Ariely, 2012, p.123). In one of his studies he discovered that participants who wore counterfeit clothing cheated significantly more that those who wore authentic clothing (Ariely, 2012, p. 125). Furthermore, Ariely discusses the “What the Hell,” effect which means that once a person cheats once, they will continue to cheat (Ariely, 2012, p. 130). In another study, he found that the “What the Hell effect,” was profound in the counterfeit and authentic
Traditionally, it is agreed that any and every form of telling the truth is always the best thing to do. In the essays of Stephen L Carter and Stephanie Ericsson, this ideal is not exactly true. It is expressed in "The Insufficiency of Honesty" as well as "The Ways We Lie" that honesty is hard to come by and that there is more to it than believed. The authors convey their views by first defining what the concept is, picking it apart, and then use common occurrences for examples of the points they had made.
William Damon uses the classical rhetorical devices of logos, pathos and ethos to convince his audience of the urgency to address the decline of honesty. He provides a balanced assessment of the need for discretion in specific circumstance, the expectation of lying that leads to the decline in honesty, and the outright accommodation to cheat without consequence. By alluding to historical attitudes regarding honesty, Damon provides a vast background to support his thesis. His essay successfully evokes a response to this current situation of decline in honesty, and creates an urgent call for action to restore the virtue of honesty. As a society, the audience would likely agree with Damon that the virtue of honesty is fundamental to the success of democracy and we would desire to espouse to the protection of this jeopardized virtue.
People are often deceived by some famous brands, which they will buy as useless commodities to feel they are distinctive. People require brands to experience the feeling of being special. People spend their money to have something from famous brands, like a bag from Coach or Louis Vuitton which they think they need, yet all that is just people’s wants. Steve McKevitt claims that people give more thought on features or brands when they need to buy a product, “It might even be the case that you do need a phone to carry out your work and a car to get around in, but what brand it is and, to a large extent, what features it has are really just want” (McKevitt, 145), which that means people care about brands more than their needs. Having shoes from Louis Vuitton or shoes that cost $30 it is designed for the same use.
The primary issue that was addressed in the Journal article, “Moral Reasoning of MSW Social Workers and the Influence of Education” written by Laura Kaplan, was that social workers make critical decisions on a daily basis that effect others. They influence their clients’ lives through giving timely and appropriate funding to them and their families, through deciding should a family stay together or should they have a better life with another family, or connecting the client with appropriate resources that can enhance their lives. The article addresses data from an array of students from various universities. The researcher posed these questions; “Would social workers use moral reasoning (what is right and what is wrong) more prevalent if it was taught through an individual class during your MSW graduate studies, or if you obtain any other undergraduate degree, or if the ethic course was integrated in the curriculum?”
Without Conscience: Book Report Psychopaths all have something in common, and that's luring unexpected people in their traps. Its part of human nature to wonder and question the unknown. Psychopaths are a clear example of the unknown with their personalities and behaviors that are far from the norm on a continuum. We wonder what makes them do some of the unimaginable and horrific things to people and/or animals.
The narrator strongly claimed that his clothes have failed him when he recalled the green jacket he wore on his fifth and sixth grade. He believed that instead of looking like a champion, his day-old guacamole colored jacket has embarrassed him that lead him to think it has failed him (Soto, 473). He had actually hoped and requested to his mom a different jacket. It is the kind of jacket that the bikers wear which is black leather and silver stud with enough belts that will make him look brave. But disappointment struck him when he found an ordinary green jacket instead. He stared at the jacket and wanted to cry because to him it was ugly and so big. Moreover, he knew he will have to bear with the fact that he will be wearing that ugly jacket for a very long time. For a brief moment he was still in denial and was expecting it was his brother’s jacket. Acceptance came later since he has no other choice but to wear it. With a heavy heart he slipped into his jacket and decided to head out of the house.
The cheating Scandal at Volkswagen sparked many debates and wide spread complaints on the acts itself, and how these acts are/were handled by the justice system. Among most of these complaints, one topic that was common was that most of frauds/cheatings having major effects are getting more and more frequent and are somehow getting by with almost no major moral consequences. There were also some rather interesting take on honesty that were presentenced on some of the article.
“Most people in the U.S. want to do the right thing, and they want others to do the right thing. Thus, reputation and trust are important to pretty much everyone individuals and organizations. However, individuals do have different values, attributes, and priorities that guide their decisions and behavior. Taken to an extreme, almost any personal value, attribute, or priority can “cause” an ethical breach (e.g. risk taking, love of money or sta...
Dan Ariley’s "factors to decrease dishonesty" have connections to how students can stop cheating in and outside of the class room. In the class room, it is easy for the students to look up an answer on their phone to cheat on a test or exam. The way to stop cheating among college students is to think about their morals and honor pledges. If a student cheats on a test and receive a good grade, the student will not have the same feeling as the get a good grade
Everyone in this world wants to better than others. People want to look better, to dress better, and to have better work. Not all people can get everything, but they try even way, and sometimes it works out. As for me, I see different people around me, somebody is better dressed, and others are not so. People that are good dressed always get my attention, and I think, I want also that shirt. I know that I have different shirts, but like that I don’t have. In that moment I get the feeling that somebody has a better shirt than me. Some people can forget that moment, but most see themselves not so well dressed, and they want to be better than that person. There will be always somebody
1. The memoir that I feel most reflects my life is Living in Tongues by Luc Sante. I was raised predominantly speaking another language, Farsi. It is also the language that I mainly speak at home considering my grandmother is visiting and it would be rude for me to speak to my other family members in English. When I first started Kindergarten, I did not know how to speak English, nor did I know how to write in it. I too, felt frustrated and somewhat alienated. I am also interested in American History and the historical sites and attractions within the United States. I cannot get over how large Yellowstone National Park is or how beautiful the streets of New York can get on summer nights. Whenever my parents get mad at me, they speak in Farsi too and sometimes it is hard for me to decipher what they are saying.
Cheating has been a major concern for institutions of higher learning. Institutions fear cheating because of the reputation dishonest people will establish for that institution. After a student has learned several successful ways to cheat and not be caught, is he or she more likely to employ the same tactics in his or her workplace? The student will use those tactics, but in the real world, such acts are not called “cheating tactics,” but “business strategy.”
The Lie, written by Kurt Vonnegut, Jr., is a story that stands as a mirror to reflect the ugly image of a condescending faction obsessed with grades and numbers, not actual learning. Even though it took place years ago, the sickening mind frames still exist in some of today’s people. They are namely the “elite group” or middle to upper class families. In the story, Doctor Remenzel is obsessed with Eli having a high standard of excellence, Eli getting special treatment because he is part of the higher group, and for those reasons, Eli is ashamed of himself, and terrified of telling his father and mother that he failed the entrance examinations. All of these things are examples of what happens in the arrogant sub culture which exists today.
A society that is ruled by liberty contains morals, morals that come with rights that must be respected in order to preserve integrity. In his article “A Right to do Wrong”, Ethics, vol. 92 (1981), pp. 21-39, Jeremy Waldron argues that if people in a society take moral rights seriously they must accept an individuals “right to do wrong” from a moral perspective. Having a choice to do wrong from a moral point of view creates diversity in a society which lead’s to development in the society as a whole. Waldron offers a paradox to explain his position on individuals having a moral right to act in ways that might be seen as wrong from a moral point of view. I will explain and outline Jeremy Waldron’s position on the idea of individuals having the moral right to do wrong, and I will also evaluate Jeremy Waldron’s position and demonstrate if there is really such a moral right using my views that will be enhanced by John Stewart Mill views.
‘The stranger’ as Simmel may suggest, helps assist individuals to build their own identity within the group, they can do this through imitation by adopting certain styles. By imitating, the individual experiences the feeling of being part of the group, providing the individual with satisfaction of not “standing alone in his actions” (Simmel, 1908, p.295). The stranger and fashion operates similarly in terms of the desire to be different and wanting to fit in. For instance, the cherry headband would not become so popular if it was completely different to the mainstream style. The headband had to still carry an attractive quality, for example the cherry headband had a glittery effect (see fig. 2) that is quite appealing so it balances the product in terms of being unique but is still