Development of hierarchical analysis in the financial universe

Topics: Morality, Ethics, Philosophy Pages: 27 (890 words) Published: October 25, 2014
Ethics & Behavior in Multicultural Environments
Sessions 1 & 2

Sessions 1 & 2 : Beverly LELIGOIS
b.leligois@montpellier-bs.com

To differentiate and understand the following
terms:
Moral Values
Morality
Ethics
Business Ethics
CSR
+ CULTURE
2

Moral values=
The standards of good and evil
(right/wrong),
which
govern
an
individual’s behavior. Most often, they
have been passed down from generation
to generation.

3

Morality=
An individually developed and adopted
code of conduct that groups together all
of our moral values.

4

So, what about
Ethics?

5

Origins :
the word « ethics » comes from the greek
word « ethos » meaning =
« habitual or customary conduct »
OR
« image »
OR EVEN
« moral character »

Greek Philosopher Aristotle was the first to use the term.
6

ETHICS
The word is confusing because it
CONCERNS 2 very different things:
1° A branch of moral philosophy
2° A set of guidelines

7

There are different kinds
of Ethics (only a few):
NORMATIVE ETHICS
APPLIED ETHICS
DESCRIPTIVE ETHICS

META-ETHICS
RELATIONAL ETHICS
BUSINESS ETHICS

8

NORMATIVE ETHICS :
(a branch of philosophy)
deals with: what declares an action as “right” or “wrong”. Think of this as: “What is a “normal” action in the society that I live in?” OR :

9

Normative Ethics :
questions (or studies) morality using ETHICAL THEORIES.
The main objective is to determine what kind of behavior
will bring about the best outcome. It is a kind of decisionmaking process. It is particularly useful when 2 moral values contradict each other and there seems to be no
right answer (example: white lies).

10

Normative Ethics:

Help when a situation is complicated:

11

Ethics as a set of rules :
This is like a set of guidelines that define acceptable
behavior in a particular society. So what is the difference
between this and a code of morality?

12

Ethics vs. Morality
example:
Abortion is legal in France. Therefore, it is medically
ethical. On the other hand, some people in France
consider that abortion is immoral.

Spain has just changed its law to make abortion illegal.
So, now it is medically unethical according to Spanish
Standards and law.
13

USUALLY
Ethics = LEGAL, but not always…

14

PROOF :
“legal” BUT unethical

15

DESCRIPTIVE ETHICS:
examines issues like concepts of etiquette (rules of
conduct for any occasion, especially business behavior
for this course) and aesthetics (the branch of philosophy
dealing with taste and the study of beauty in nature and
art).

16

Relational Ethics:
relates to personal interactions and responsibilities.
We will be practicing this in our activities!
The goal is to discover, “How should I act?” (by
dialoguing with others who are different from you in
order to reach common agreements).

17

Business Ethics:

The critical, structured examination of how people
and organizations should behave in the world of
commerce. In particular, it involves examining
appropriate constraints in the pursuit of selfinterest profits when the actions of individuals or organizations affect others.
It should be:
“Making the best decision
even when nobody is looking
…just because you want to.”
18

Business Ethics
It all boils down to one thing :

(to make money)…

19

The 6 pillars of ethical character
(Josephson Institute of Ethics)

20

To put it simply:
CSR is about how companies manage business
processes to produce an overall positive impact on
society.

21

What is culture anyway?

22

One approach to
culture :

23

The danger of culture =
Ethnocentricity
The belief in the superiority of the nation, culture, or
group to which one belongs, often accompanied by
feelings of dislike for other groups.

24

How will you be evaluated in this class ?
1

1° 30% OF THE GRADE:
Continuous Assessment Activities (in class)=
5 activities...

Bibliography: Sources: Parhizgar Kamal Dean, Parhizgar Robert,. 2008. Multicultural Business Ethics And Global Managerial Moral Reasoning. Lanham,
Maryland: University of America Press, Inc.
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • jet2 financial analysis task2 Essay
  • Financial Analysis IBM Jen Essay
  • Financial Analysis of Sobeys Inc. Essay
  • Financial Statement Analysis Essay
  • Financial Analysis Essay
  • Financial Analysis Essay
  • Financial analysis Essay
  • financial Essay

Become a StudyMode Member

Sign Up - It's Free
Premier Contact (Arrival) | Surfplanken | Spitfire - Legendado Torrent Documentário / Histórico
2018
1080p 720p Bluray Full HD
Esse é um filme documentário sobre as...