Consequentialist Theories in Business Ethics


 
Ethics and Responsibility > Forum Log in

Consequentialist Theories in Business Ethics
Dhiraj Khatri, Premium Member
Most theories pertaining to Business Ethics, Corporate Governance or Corporate Responsibility are either Consequentialist or Non-consequentialist by nature.
According to this branch of corporate governance, consequences alone determine whether an option is morally correct: "The end justifies the means". Hence, according to consequentialist theories the consequences of one's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct. It might be okay to lie or act unethically in order to generate a greater happiness. Hence, the consequences decide how a decision should be made.
Utilitarianism and Egoism are two most prominent consequentialist theories. Here is some more information on the main Theories of Consequentialism:
  • UTILITARIANISM: An action is justified if it is generating ... 
 

 
 

  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  



More on Ethics and Responsibility

Forum
Best Practices

Expert Tips

Resources



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2018 12manage - The Executive Fast Track. V14.1 - Last updated: 19-9-2018. All names ™ of their owners.