Esteem is a simple word. It is worth and value that we
apply to people, places, and situations. It is the amount of
respect we assess. We have esteem for our world leaders.
We have esteem for places like church and synagogue. We
have esteem for an exemplary performance whether it is in
sports, acting, or simply doing the right thing.
OF all disciplines necessary to the criminal justice in addition to
the knowledge of law, the most important are those derived from
psychology. For such sciences teach him to know the type of man
it is his business to deal with. Now psychological sciences appear
in various forms. There is a native psychology, a keenness of vision
given in the march of experience, to a few fortunate persons, who
see rightly without having learned the laws which determine the
course of events, or without being even conscious of them.
We are confronted with the problems of globalisation daily. Globalisation has become
a common phenomenon, yet one that many people experience as a threat not only to
their economic existence, but also to their cultural and moral self-image. Some join
protest organisations like ATTAC and others. Their protests regularly lead to violence
at international summits. Moreover, the current situation after September 11th can
be seen as an indirect consequence of problems associated with globalisation.
The concept of aesthetic labour is partly seen from the perspective of ethics. There may
be strictly applied selection criteria for the recruitment and selection of new employees. For an
appointments panel such a situation could cause conflict between organisational requirements
and personal private views on what is moral or fair.
The ethical problem concerns the Human Resource manager, who wishes to appoint
someone, but who needs professional reasons for appointing a less attractive person.
Deposit insurance clearly introduces a different treatment of (some) bank deposits with respect to
all other financial activities where saving can be allocated. It has the consequence of putting in a
situation of comparative disadvantage other financial intermediaries with respect to banks, and,
inside the banking sector, it favours deposit collection vis a vis other bank liabilities.
Deposit protection involves a typical problem of moral hazard, providing more incentives for bank
managers to undertake risks.
Even if there is symmetry ex ante between borrower and lender (i.e. the bank knows
the credit quality of the borrower), the collateral helps to alleviate moral hazard problems once
the loan has been granted. In this sense, the collateral pledged helps align the interests of
both lenders and borrowers, avoiding a situation in which the borrower makes less effort to
ensure the success of the project for which finance was given. Thus, collateral makes it
possible to limit the problem of the moral hazard faced by all banks when they lend money.
Collateral can therefore be seen as...
Moral judgment, or capacity to judge which alternatives are ethically
acceptable and which are not and to determine the uprightness of the intention. Good
behavior requires deliberation and deciding to carry out an action. Making sound moral
judgments is previous to making a good decision. In this deliberation, practical wisdom
plays a crucial role. It fosters upright moral reasoning by taking into account universal
principles and the pertinent circumstances of each situation.
Comprehensive and practical, BUSINESS: ITS LEGAL, ETHICAL, & GLOBAL ENVIRONMENT, 9TH EDITION emphasizes real-world applications and encourages critical thinking skills. While exploring the intersection of law, business strategy, and ethics in the text, readers apply the concepts to more than 200 real-world situations and a wealth of learning features, while heightening their own sense of morality.
Chapter 9 - Ethical business strategies, social responsibility, and environmental sustainability. This chapter includes contents: What do we mean by business ethics? Where do ethical standards come from – are they universal or dependent on local norms and situational circumstances? the three categories of management morality drivers of unethical strategies and business behavior why ethical strategies matter approaches to managing a company’s ethical conduct social responsibility and corporate citizenship strategies.
Chapter 4 introduces you to workplace values, ethics and emotions. In this chapter, you will learn: identify the different types and levels of values; define the five main values that vary across cultures; describe three ethical principles and other factors influencing ethical behaviour; explain how moral intensity, ethical sensitivity and the situation influence ethical behaviour; discuss the linkages between emotions and behaviour;...