Personal ethics and main values article

Category: Social issues,
Topics: Business ethics,
Published: 28.02.2020 | Words: 623 | Views: 623
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Enron, Deontology, Personal Issues, Accounting Values

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ethics is usually and I is going to link this to my own belief program. According to Baird (2012), the study of integrity has the objective to make persons reflect on two particular topics of interest: the and the community, namely what kind of people we want to be and what kind of community we want to live in. This is exactly why, as Baird pointed out, the discussion about ethics, business integrity included, should start from a discussion about each of our core benefit.

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I would like to briefly label these, in connection to the course and as these values apply to the course and this debate. My perception system is based on three key pillars and the first expoliar is, In my opinion, the most important intended for the discussion available. It refers to not resting. I believe that lying may be the worst thing that could happen to get an individual, both in relationship with himself in addition to relation to the city and to the other people of community. This is not just a belief related to popularity, but a core worth and idea related to deontology.

For me, lying down disturbs the partnership between persons because it automatically leads to loosing trust between them. To a better scale, coming from a business ethics point-of-view, if the company lies, its clients and stakeholders will simply by no means believe that firm again. With this in mind, I would like to believe a bit about the example of Enron. Up to the company’s bankruptcy, it had been probably the most respected corporations in the world and an example of innovation and new approach to current affairs inside the energy sector.

Once points started to be reveled about the business, facts that seemed to explain that the organization was lying down, the road down hill was amazingly fast. The organization went coming from being the most respected towards the most resented in the U. S. Enron became identifiable with institutional lying, with hiding and distorting details in order to preserve share rates at significant levels, with onerous revealing etc . No person ever trusted Enron once again, because it experienced lied, plus the company crumbled fast.

So , from a small business ethics point-of-view, the individual guidance of “don’t lie” can be transformed into a great institutional one: companies, tend not to lie! It truly is interesting to notice how lying down, for firms, can sometimes be legal. If, for example , a company cites the effects of a check that point out to the benefits of a certain product or service it is commercializing, that is not considered resting. It is not, however at the same time, it should also present the conclusions of additional studies that contradict the given theory. Hiding the entire truth is also a form of laying and showing just your side in the story is another.

From this point of view, as mentioned before, I began with my personal core value (do not lie) and moved to a wider perspective to analyze just how my own main value ought to apply to entire companies and exactly how business values could integrate such a value as certainly not lying. Another core value that I have, following the first thesis with the paper that goes from personal to community and business, is the value for others.

There exists a good saying you should not do to others what you do not want done to yourself. The greater general idea is, I believe, that