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Ethics and Other Informal Controls
Chapter 17
© 2009, The McGraw-Hill Companies, Inc. All rights reserved.
CHAPTER OUTLINE
• Personal Ethics
• Performance Codes • Internal Controls
• Outside Influences
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PERSONAL ETHICS
• Ethics: rules of conduct or principles of morality guiding us to proper behavior
• Ethical principles do not provide magic answers to all ethical dilemmas
3
Ethical Principles
• Principle of the Golden Mean • Categorical Imperative
• Principle of Utility • Veil of Ignorance
• Principle of Self-Determination
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A Model for Individual Ethical Decisions
• Potter’s Model:
– Definitions Values Principles Loyalties Action
– Before taking action, consider the following: • Define the situation
• What values are involved?
• What ethical principles apply? • Where do our loyalties lie?
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