Ndeontological theory of ethics pdf merger

Deontology is a theory that suggests actions are good or bad according to a clear set of rules. This paper consists of a discussion of the three general theories of ethics, on the one hand as a framework for solving ethical dilemmas and on the other, as a steppingstone, for the ethical analysis and evaluation of behavior and practices. Also, there must be specified an essential difference between ethics and deontology. Mergers and acquisitions with a reference to ethical, social. Deontological ethics, in philosophy, ethical theories that place special emphasis on the relationship between duty and the morality of human actions. It is a concept which is based on a persons obligation or duty to treat others with respect. Deontological theory of ethics introduction when ethics is explored, and an inquiry into its origin and sources are explored to find definition and clarity around ethics, one initial discovery will be that two main views on ethical behavior emerge. These ethical theories can be used to explain many issues happening in the present world. The term was coined by jeremy bentham in 1814, and he believed that deontology was a way to marshall selfinterested reasons for agents to act for the general good, but bentham believed that following a strict moral code of behavior was in fact for the general.

Ethics is instead the point at which literature intersects with theory, making literature conceptually interesting and humanizing theory. First, we assume that managers derive private benefits from operating a firm in addition to the value of any ownership share of the firm they have. It just requires that people follow the rules and do their duty. His theory, better known as deontological theory, holds that intent, reason, rationality, and good will are motivating factors in the ethical decision making process. Divine command ethics is best understood as an account of the deontological part of morality that concerns duty or obligation. The better choice in any situation that is questionable from a moral standpoint would be to do nothing because then there would be no action to judge your morality from at that point.

I propose a categorization of such motives based on the residual. It is in ethics that theory becomes literary and literature becomes theoretical. Kant tells us to do our duty, always, just because it is our duty and this will not be enough to convince the majority to change the way they act. Deontology dutybased ethics kant learning theories. Deontology strengths and weaknesses flashcards quizlet. Deontology is often associated with philosopher immanuel kant. In 2010 it published seven volumes volumes 91 to 97 and 39 separate issues, each containing several articles.

Ethics education at this stage focuses on the intellectual background which is necessary to ensure an accountant or accounting learner understand the basic environment which influences decisions, and the fundamental theories and principles of ethics, virtues, and individual moral development which govern ones actions. Virtue ethics 31 feminist ethics and the ethics of care common morality theories 35 a prologue to theories of justice 38, kantian ethics 22 28 33 analysis of cases the case method in law 39 the case method in business the case method in ethics ethical theory and case analysis 40 40 41 v \. Jul 08, 2016 according to this theory if the management of firm a is more efficient than the management of firm b and after firm a acquires firm b the efficiency of firm b is brought upto the level of efficiency of firm a. As well as introducing the central ideas that relate to environmental and development ethics and how these two areas of ethical study interare related, this unit shows why ethics as a discipline can.

The argument that deontological ethics makes is that the ethics of any situation are based on the actions a person decides to take. Three general theories of ethics and the integrative role of integrity theory article pdf available in ssrn electronic journal july 2002 with 47,638 reads how we measure reads. The deontological theory of ethics was discussed in yesterdays class. Virtue ethics, on the other hand, is considered more of a normative ethical theory. Hence, it seems to me that absolutist theories of ethics are all inherently. Unit 1 nature and scope of ethics nature and scope of ethics. But two things need to be clarified before we raise the question with which we are concerned here. There is no textbook or booklength general overview on deontology available. Indeed, each of the branches of deontological ethicsthe agentcentered, the patientcentered, and the contractualistcan lay claim to being kantian. Although employees are drastically affected by a merger or an. Identify specific legal and ethical issues that should be considered before, during, and after the merger.

Two ethical issues in mergers and acquisitions patricia h. Even many ethics textbooks do not have a single chapter on deontology, but instead a chapter on kants or kantian ethics, and sometimes one or more additional chapters on contractualism, intuitionism, moral pluralism, or natural law theory. A good will is one which acts from universalizable reasons immanuel kant 17241804. For example, if you want to know whether or not i believe. Deontological ethics are only concerned with the moral law, or duty, that makes a particular action right or wrong regardless of the consequences bowie et al, 2008, p. Other leading journals also date from this period, with business ethics quarterly appearing in 1991, and business ethics. Learning theories summaries on the website as an electronic book, conveniently organized into one pdf file that you can print and use for your papers or assignments.

Deontology does not believe in the concept of the end justifies the means. All of these attempts to combine deontology and consequentialism provide moral realists with a perfect opportunity to argue, quite explicitly, that liberal theory is both a theory of the right deontology and. Pdf theory and practice of mergers and acquisitions. When looking at the virtue theory of ethics, we can see that the term character can be used in the place of virtue. Two ethical issues in mergers and acquisitions springerlink.

Deontological ethics is commonly contrasted to consequentialism, virtue ethics, and pragmatic ethics. Deontological ethics, nonconsequentialist ethics, kantian ethics, divine command ethics. In the area of morals and ethics, people cannot exercise moral judgment without being given a choice. Any ethic that provides a universal normative statement that the listener is obliged to uphold should fall under the dutybased heading. This is the main difference between utilitarianism and deontology. Deontological ethics wikipedia, the free encyclopedia. What matters for virtue theory, more specifically, is the character of the agent.

Difference between utilitarianism and deontology compare. What makes a choice or an action right is its conformity with a moral norm. But in the final analysis, it turns out that there is. Corporate mergers and acquisitions are undertaken with the belief that the combined companies will be able to grow more rapidly and be competitively stronger than they were as independent companies. Second, we assume that there is a regime shift that creates potential synergies. The act is the determining factor of morality and the purpose of morality is. Pdf merge combinejoin pdf files online for free soda pdf. Difference between deontology and teleology difference. Deontology is exactly the opposite of utilitarianism when it comes to the explanations of its concepts. General ethics arnold hall, july 1999 professor john gueguen first part introduction class 1 july orientation to the course. How to combine files into a pdf adobe acrobat dczelfstudies.

For example, suppose your friend is struggling in 8. If realistic liberal governance necessarily requires the consideration of both deontological and consequentialist ideals, how can theorists use consequentialism. It can involve biological inquiry, psychological inquiry, economics, sociological inquiry, andor political inquiry. Theories of ethics center for future consciousness. Consequentialism and deontology are two such theories that are classified under ethics of conduct, i.

The three main branches of the philosophical study of. Below we show how to combine multiple pdf files into a single document. Its name comes from the greek word deon, meaning duty. Pdf the role of business ethics in merger and acquisition. The authors feel that many of the principles in the codes of conduct apply in mergers and acquisitions of accounting practices. Ethical deontology philosophy oxford bibliographies. Generally, three main philosophies of ethics have dominated discussions on ethics rossouw, 2010d. With the recent rash of mergers and friendly and unfriendly takeovers, two important issues have not received sufficient attention as questionable ethical practices. Deontological theories assert that the rightness of an action is determined by its conformity to duty moral values are never determined by consequence.

Thus, this study attempts to propose an integration theory. This builds up to a compelling pair of conclusions. Deontological ethics i kant gives many reasons for thinking that the only things of moral worth are the maxims on which we act instead of the happiness caused by action being the bearer of moral worth i for one, the distinguishing characteristic of humans is reason. The subsequent eight chapters are dedicated to applied ethics, focusing on topics such as euthanasia, abortion, bioethics, and business ethics. Kant believed that ethical actions follow universal moral laws, such as dont lie. Deontological theories derived from the greek word for duty, deon base morality on certain duties, or obligations, and claim that certain actions are intrinsically right or wrong, that is, right or wrong in themselves, regardless of the consequences that may follow from those actions. This unit provides an introduction to the study of ethics and a brief overview of some of the main branches of philosophical thought about ethics. Mergers and acquisitions with a reference to ethical, social and human resource. If any philosopher is regarded as central to deontological moral theories, it is surely immanuel kant. First, kant argues that to act in the morally right way, people must act from duty deon. Early beginning of human civilization the word of the king is the law deontological greek word dein or deon meaning to be obligated or simply duty 4. Overlooked ethical considerations in mergers and acquisitions.

Such theories arise in religion, spiritual traditions, philosophy, socialpoliticalhistorical systems, literature and the humanities, social and cultural movements, and pop psychologies. Virtue theory, the study of what makes a persons character morally praiseworthy c. Ethics of mergers and acquisitions bibliography philpapers. Deontology is an ethical theory that uses rules to distinguish right from wrong. Results also support the common expectation that organizational complexity is a. Get the knowledge you need in order to pass your classes and more. Prescriptive moral theories explain whether or not those beliefs correspond to what.

The good will intentions count and the only intention that counts is the good will. The philosophy of art and ethics, maritain, 196 2, ix. Ethics is the systematic philosophical study of morality. In deontological ethics an action is considered morally good because of some characteristic of the action itself, not because the product of the action is good. The purpose of this article is to explain different ethical theories and compare and contrast them in a way thats clear and easy for students to understand. These three theories are aristotles virtue theory, kants deontological theory, and john stuart mills utilitarian theory. Natural moral law and divine command theory are some of the deontological approaches. Eight closing appendices on thirouxs theory of humanitarian ethics and the application of this theory to moral problems further encourage students to focus on applying ethical theory in realworld. Kant and deontological theory immanuel kant was a moral philosopher. Mergers and acquisitions motives jrisy motis 1 toulouse school of economics ehess gremaq and university of crete jrissy. Deontological ethics from the greek deon meaning right or obligation. Teleology, utilitarianism, and christian ethics 603 states of affairs in which they result. Descriptive theories aim to explain, predict, and control our behavior.

Ethical dilemmas during mergers, acquisitions, and takeovers. Rule ethics utility ethics virtue ethics other forms of ethics the ethics of immanuel kant. Actions that obey these rules are ethical, while actions that do not, are not. In the case of the public position, the scope of deontology is represented by. Ethical dilemmas during mergers, acquisitions and takeovers.

Broadly, the studies find and the theory puts forth that there is a higher consequence arising from preexisting structural characteristics, over those that are cultural. One has to do with the rights of employees affected in mergers and acquisitions and the second concerns the responsibilities of shareholders during these activities. While it is clear that no single theory will never be able to address the full range of merger phenomena, reference points fill in some of the blanks. Thus, while the ethics includes the philosophic study of debts, the deontology is an applied and applicable science. One has to do with the rights of employees affected in mergers and acquisitions and the second concerns the. How does deontology differ from virtue ethics act guidance vs. But whats the difference between ethics and morality. In this terminology, action is more important than the consequences. The downfall of this ethical theory is that certain standards will always be subjective, especially when divine commands are included.

On the other hand, it says the end does not justify the means. Read this essay on ethics and legal issues in mergers. Soda pdf merge tool allows you to combine two or more documents into a single pdf file for free. An empirical study article pdf available in journal of business ethics 691 january 1992 with 1,788 reads how we measure reads. The word comes from the greek ethikos meaning of or for morals.

I decided to use the example of physician participation in capital punishment and euthanasia as an example of a contradiction. Understanding different ethical theories can have a number of significant benefits, which have the potential to shape and. Moral theory of deontology explained with varied examples. The role of business ethics in merger and acquisition success. Basis for horizontal merger it may be social gain as well as private gain. The organisational world is still shaking from the impact of individual and organisational actions that are contrary to the openended community standards of ethics. One of those theories is the deontological theory of ethics. Deontology is an approach to ethics which adheres to the theory that an end does not justify the means while teleology. Deontological ethics kantian ethics rests on two major claims. Normative ethicsis the study of what makes actions right or wrong, what makes situations or events good or bad and what makes people virtuous or vicious. To date, academic researchers have not yet proposed a complete theory that completely and perfectly integrates the synergy, private benefits and hubris hypotheses to explain why the three hypotheses can all be supported. Although employees are drastically affected by a merger or an acquisition because in almost every case a number of jobs are shifted or even eliminated, employees at all levels are usually the last to find out about a merger transaction and have no part in the takeover decision. Pdf an introduction to ethical theory for healthcare. Deontology or deontological ethics is the branch of ethics in which people define what is morally right or wrong by the actions themselves, rather than referring to the consequences of those actions, or the character of the person who performs them.

This theory is based on duty, reason, and the intention of the person that makes the decision to determine if the decisionaction is morally acceptable. Ethical issues in mergers and acquisitions springerlink. Hostile takeover activity has dissipated in recent years, for a variety of reasons, but the ethical issues surrounding acquisitions and mergers and the ethically questionable conduct that is often involved remain as relevant as ever. Ontological and deontological ethical theory free essays ontological and deontological ethical theory essays and research papers justice theory, utilitarianism, and profit maximization.

The term deontological was first used to describe the current, specialised definition by c. Deontological ethics i deontological ethics says that being good consists in following the right rulesmeeting all your obligations. As a strategic hr director, you have been asked to identify ethical and legal issues involved in a merger and develop a plan to resolve these issues. Four of these goals include beneficence, least harm, respect for autonomy, and justice. Several theories have been developed to cover issues related to business ethics. Some overlooked ethical issues in acquisitions and mergers by. Choose from a variety of file types multiple pdf files, microsoft word documents, microsoft excel spreadsheets, microsoft powerpoint. Such theories arise in religion, spiritual traditions, philosophy, socialpoliticalhistorical systems, literature and the humanities, social. Apr 02, 2009 our theory of mergers is able to reconcile both of these stylized facts. Our pdf merger allows you to quickly combine multiple pdf files into one single pdf document, in just a few clicks. The cost and benefit analysis of the mergers and acquisitions affect the decision by the managers and the shareholders of whether to take up a specific merger and acquisition. Ontological ethics theory in criminal justice criminal.

Moral theory of deontology explained with varied examples we often conclude that something is good or bad simply because it is morally correct or wrong. Mostly based on societal or religious norms, our sense of attributing moral acceptance to certain actions is an exciting field of study in moral philosophy. Consequently, we can judge an absolutist theory of ethics as. Come browse our large digital warehouse of free sample essays.

The parties to a merger transaction must ensure that the principles of the code of conduct are not overlooked in merger and sale transactions. I unlike consequentialism, it is highly unsituational. Broad in his 1930 book, five types of ethical theory. Deontological ethics stanford encyclopedia of philosophy. There are three major categories of ethical systems that students typically learn about in philosophy classes. This chapter analyzes the topic of acquisitions and mergers from the perspectives of utilitarian ethics and rights theory, and discusses the ethical issues involving hostile takeovers and the attempts that have been made to prevent them. A reference point theory of mergers and acquisitions.

The management teams of both companies face ethical dilemmas prior to beginning the merger, as negotiations proceed and. Morals are described by the same dictionary as being concerned with the distinction between. Immanuel kants theory of ethics is considered deontological for several different reasons. Descriptive ethics, therefore, involves the collection of data that relates to moral behavior and the forging of our moral beliefs. One of the most practical applications for the study of philosophy is in the field of ethics. To determine the moral status of an action, utilitarianism has us look at c, deontology b, and virtue theory a. Rule ethics duty ethics, deontological consequence ethics utilitarianism, utility ethics, teleological virtue ethics. An ethical theory often associated with the german philosopher immanuel kant 17241804which maintains normative evaluations are rooted in some intrinsic feature of an action or agent which gives rise to an obligation or duty. Kant and deontological theory essay 1226 words 5 pages. Deontology is thus a theory of moral obligation, and it encompasses moral theories that emphasize a persons rights and duties. Deze gratis online tool maakt het mogelijk om meerdere pdf bestanden of afbeeldingen te combineren in een pdf document.

The word deontology comes from the greek roots deon, which means duty, and logos, which means science. While deontology is based on mans absolute duty towards mankind and how it is given priority over results, teleology is based on the results of an action and on whether an action produces greater happiness and less pain. In contemporary moral philosophy, deontology is used most commonly. Because the action is the foundation of ethics, the pros and cons of deontological ethics do show us that society can benefit by having clear expectations for decisions. Theories of ethics thomas lombardo within human history and continuing into present times, we. The merger mania of the 1980s put top corporate management on the defensive as predators sought takeover targets. In almost every introductory ethics course the student is taught that there are two basic kinds of moral theories. The lack of human emotion also plays a major factor in my dismissal of deontology as a practical working theory of ethics in everyday society. Deontological ethics is a moral philosophy where the usual ethical definition of right or wrong is based on a series of rules to follow instead of the consequences which occur from such a decision. People use moral reasoning to make moral judgments or to discover right actions.