Candidate ethical principles golden rule

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Q: A company employee shared a company secret that is about to happen to the company with his friend that will help in stock trading. In this situation, what Ethical Principle (Lecture slides 4.15 & 4.16) would be violated? Describe why you think that principle is violated. 

  1. Lecture slides 4.15
  • Candidate ethical principles Golden Rule (Social interaction) Do unto others as you would have them do unto you. (Luke 6:31)
  • Immanuel Kant's Categorical Imperative (American slavery) If an action is not right for everyone to take, it is not right for anyone.
  • Descartes' Rule of Change (stealing company properties) If an action cannot be taken repeatedly, it is not right to take at all.
  1. Lecture slides 4.16
  2. Candidate ethical principles (cont.)

Utilitarian Principle (Majority over minority?)

Take the action that achieves the higher or greater value.

Secular values (money, pleasure, power) vs. Christian values (Love, non-materialism, serving)

  • Risk Aversion Principle (Utility theory)

Take the action that produces the least harm or potential cost.

  • Ethical "No Free Lunch" Rule (Bribery)

Assume that virtually all tangible and intangible objects are owned by someone unless there is a specific declaration otherwise.

Reference no: EM132370038

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