BA 300 SDSU Austin Midterm 2 Questions
And Answers
Normative CSR Corporations should engage in CSR programs bc it's the right or moral
thing to do even at the expense of profits (participating in charity even if it makes you lose
profits)
Challenges to Shareholder Value - Difficult to rely on self-interested business people to
act on shareholder's behalf so market mechanisms are required to make sure the right thing is
being done
- Corporate responsibility lies in ensuring effective corporate governance mechanisms to protect
the long term interest of shareholders
Biggest Con of Integrative Social Contracts Theory Hard to figure out what the local
norms are
Ethics of Care Example Founder might have a whole different purpose than making a lot
of money, maybe working from 9am-3pm so they can't pick up their kids or go surfing if they
want (usually smaller, entrepreneurial companies)
, BA 300 SDSU Austin Midterm 2 Questions
And Answers
Ethical Justifications 1. Powerful organizations should help aleviate global inequalities
2. Leads to greater liberty for the poor/less fortunate
3. Capitalism will only be effective if the masses buy into it
(You need the people's support or the system will crumble)
4. Shareholders don't do the real "work"
5. Consider nonwestern values: You don't always have to maximize things. Don't be greedy,
share your wealth and make the world a better place.
Whistleblowing Triggers - Truth (being violated, lying)
- Employee (selling a faulty product)
- Trust (when someone is getting something from someone and violating their rights)
- Harm (actually physical/psychological harm)
- Your personal reputation (going to cause you long term damage)
- Organizations reputation (if your deparment is doing something that could hurt the corporation)
And Answers
Normative CSR Corporations should engage in CSR programs bc it's the right or moral
thing to do even at the expense of profits (participating in charity even if it makes you lose
profits)
Challenges to Shareholder Value - Difficult to rely on self-interested business people to
act on shareholder's behalf so market mechanisms are required to make sure the right thing is
being done
- Corporate responsibility lies in ensuring effective corporate governance mechanisms to protect
the long term interest of shareholders
Biggest Con of Integrative Social Contracts Theory Hard to figure out what the local
norms are
Ethics of Care Example Founder might have a whole different purpose than making a lot
of money, maybe working from 9am-3pm so they can't pick up their kids or go surfing if they
want (usually smaller, entrepreneurial companies)
, BA 300 SDSU Austin Midterm 2 Questions
And Answers
Ethical Justifications 1. Powerful organizations should help aleviate global inequalities
2. Leads to greater liberty for the poor/less fortunate
3. Capitalism will only be effective if the masses buy into it
(You need the people's support or the system will crumble)
4. Shareholders don't do the real "work"
5. Consider nonwestern values: You don't always have to maximize things. Don't be greedy,
share your wealth and make the world a better place.
Whistleblowing Triggers - Truth (being violated, lying)
- Employee (selling a faulty product)
- Trust (when someone is getting something from someone and violating their rights)
- Harm (actually physical/psychological harm)
- Your personal reputation (going to cause you long term damage)
- Organizations reputation (if your deparment is doing something that could hurt the corporation)
