Theories of Ethics
Social Responsibility Theories
This and That
100
Under this theory, a person looks to an outside source for ethical rules or commands.
What is the Ethical Fundamentalism
100
The traditional view of the social responsibility of business is that business should do this...
What is maximize profits.
100
This act makes certain conduct illegal and establishes criminal penalties for violations. In addition, it prompts companies to encourage senior officers of public companies to act ethically in their dealings with sharehoders, employees, and other consitutuents.
What is the Sarbanes-Oxley Act of 2002 (SOX)
200
This moral theory dicttes that people must choose the action or follow the rule that provides the greatest good to society. This does not mean the greatest good for the greatest number of people.
What is Utilitarianism
200
This is a theory that requires corporations and businesses to act with awareness of the consequences and impact that their decisions will have on others.
What is Social Responsibility
200
Also known as the whistleblower Statute
What is the False Claims Act.
300
This theory is the best-known proponent of duty of ethics. This theory is based on the premise that people can use reasoning to reach ethical decisions. This theory would have people behave according to the catergorical imperative "Do unto others as you would have them do unto you."
What is Kantian Ethics
300
A theory of social responsibility which says that a corporation must consider the effects its actions have on persons other than its shareholders.
What is Stakeholder Interest.
300
One of the odlest and still most often used frauds is the pyramid scheme, also referred to as this
What is Ponzi Scheme.
400
Under this theory, each person is presumed to have enterd into a social contract with all other in society to obey moral rules that are necessary for people to live in peace and harmony. Fairness is considered the essence of justice.
What is Rawls's Social Justice Theory
400
A theory of social responsibility which says that a corporation's duty is to make a profit while avoiding causing harm to others.
What is Moral Minimum.
400
This section of the Sarbanes-Oxley Act requires a pulic company to disclose whether it has adopted a code of ethics for senior financial officers.
What is Section 406 of the Sarbanes-Oxley Act
500
This theory holds that individuals must decide what is ethical based on their own feelings about what is right and wrong. Under this theory, if a person meets his or her own moral standard in making a decision, no one can criticize him or her for it. Thus, there are no univerisal ethical rules to guide a person's conduct.
What is Ethical Relativism
500
A theory of social responsibility which says that a busines shas a responsibility to do good.
What is Corporate Citizenship
500
This type of lawsuit permits private parties to sue companies for fraud on behalf of the government. Whistleblowers can be awarded up to 25% of the amount recovered on behalf of the federal government.
What is Qui Tam Lawsuit
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