Ethics of Corporate Management
Ethics of Corporate Management
NRE 512 - Ethics of Corporate Management
Ethics of Corporate Management --- This course introduces students to the complex ethical problems associated with the management of large business organizations under conditions of rapid economic change and intense global competition. It focuses on the responsibilities of senior executives to the various constituents of the firm-customers, employees, owners, creditors, suppliers, distributors, local residents, national citizens and global inhabitants-and on the treatment of those constituencies that can be considered to be "right" and "proper" and "fair".
The module is not concerned with the personal moral issues of honesty and truthfulness; it is assumed that the students at this university have already formed their own standards on those issues. Instead, it addressed four major questions in the ethics of corporate management: (1) What are the duties and responsibilities of managers? Are managers responsible only to the owners of the firm, or to the full range of constituencies affected by the firm? (2) How does one determine what is "right" and "proper" and "fair" in the treatment of those constituents? What are the ethical principles of analysis that help to resolve moral problems? (3) How does one convey moral standards throughout an organization? How does one endure that the decisions and actions of the entire organization are "right" and "proper" and "fair"? and (4) Why should an organization be concerned with decisions and actions what are "right" and "proper" and "fair"? Why should a business firm not leave questions of social justice to others?

