企业伦理学（原书第5版）教案指导 第3章　哲学伦理与商业.docx

Chapter03-PhilosophicalEthicsandBusiness

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IMChapter3:

PhilosophicalEthicsandBusiness

ChapterObjectives

Afterreadingthischapter,youwillbeableto:

1.Explaintheethicalframeworkofutilitarianism.

2.Describehowutilitarianthinkingunderliesmucheconomicandbusinessdecision-making.

3.Explainhowthefreemarketisthoughttoservetheutilitariangoalofmaximizingtheoverall

good.

4.Explainsomechallengestoutilitariandecision-making.

5.Explainprinciple-based,orrights-based,frameworksofethics.

6.Explaintheconceptofhumanrightsandhowtheyarerelevanttobusiness.

7.Distinguishmoralrightsfromlegalrights.

8.Explainseveralchallengestoprinciple-basedethics.

9.Describeandexplainvirtue-basedframeworkforthinkingaboutethicalcharacter.

OpeningDecisionPoint

AreCEOsGettingPaidTooMuch?

ThisOpeningdecisionCaseisanupdatedcasestudyoftheissueofexecutivecompensation.Therearefewtopicsthatraiseethicalissuessocloselyconnectedtothethreemajorethicaltheoriesthatwillbeintroducedinthischapter.Anethicalanalysisofexcessivecompensationneedstolookatargumentsthatappealtoutilitarianconsiderations,rightsandduties,andvirtues.

Manyargue,onutilitariangrounds,thathighcompensationisjustifiedbecauseitprovidesstrongincentivesforperformance,orthatitisnecessarytorecruittalent.Othersarguethathighcompensationisearnedordeserved,andthereforeisamatterofrightandjustice.Or,somearguethatcompensationdecisionsisbestlefttobargainingbetweenindividualsand,thus,shouldbeamateurofrespectforindividualliberty.Incontrast,somearguethatexcessivecompensationisundeservedandunfair,andtheresultofunfaircollusionbetweenpowerfulpeoplewhose