Ethics Essay - 1026 Words

Many people face ethical dilemmas everyday where they might have to choose between their personal beliefs, or to strictly obey laws and rules. However not all can make the correct decisions because such dilemmas are difficult to answer and one may differ from another in moral stance. Applying my own moral principles to solve the dilemma, I believe that a postconventional approach must be taken if I were the CFO. Although I have a legal responsibility as Chief Financial Officer to keep valuable investment information confidential until the company releases such information to the public, the financial situation of the company demands that a law must be disregarded in order to save this firm that provides many people a source of income and†¦show more content†¦A person who pioneered the research in ethical reasoning research was Lawrence Kohlberg, a psychologist who â€Å"sought to describe moral reasoning, the thinking that occurs as we consider right and wrong† (Myers 168). Kohlberg formulated three basic levels of ethical thinking: the preconventional, conventional, and postconventional levels. From his research, Kohlberg found that the lowest level of the â€Å"moral ladder† is the preconventional perspective where an individual chooses to make a decision to merely avoid punishment or to gain concrete rewards. In addition, Kohlberg discovers that such egocentric moral thinking is mostly found in, but not limited to, children before the age of 9, meaning that most children and some adults behave and think in a way that only benefits one’s self by acting to prevent undesirable punishment or garner concrete and/or abstract reinforcement for their actions, such as money and attention. Furthermore the following stage in Lawrence Kohlberg’s moral ladder is the conventional way of thinking where one upholds laws and rules simply because they are laws and rules. Kohlberg found his way of thinking mostly in young adolescents but is definitely not limited to them because numerous grown individuals can be found with this type of ethical reasoning as arguably ideal for society, but definitely desired by governments. Moreover, the last â€Å"rung† in the ladder that KohlbergShow MoreRelatedEthics Essay1071 Words   |  5 PagesName: Dinesh Jagwani Batch: BAFD2 1321A Module: Ethics in Business Studies Course: B.S.C. (Hons) in Accounting and Finance Lecturer: Mr. Daniel Chew UOB No: 12035285 Topic: Producing toys- Child’s Play? Producing Toy’s – Child’s Play? Deontological ethics are concerned with what people do and not with the consequences of their actions. 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These differences reflect life experiences, successes and failures, as well as the influences of parents, teachers, and friends. Ethical behavior is necessary for a society to function in an orderlyRead MoreEthic Essay1469 Words   |  6 Pages2012 Frank Campbell At the core, one’s personal beliefs are what makes up one’s value system or what could be called their personal ethics structure. One’s personal values, or ethics structure, are developed over a lifetime and is ever evolving. There are many factors that come into play during the development of one’s ethics structure. The process begins at childhood. The people that a person comes into contact with, influences inside the home such as parents, siblings, andRead MoreEssay Ethics and Integrity1219 Words   |  5 PagesReflective Essay # 2: Integrity Article Integrity: Without It Nothing Works I have learned a great deal about the difference between integrity, morality, and ethics. From the article, the term integrity means that it is â€Å"a matter of a person’s word—nothing more and nothing less†. It is important that one should know the difference between integrity, morality, and ethics. I learned that integrity is more on the commitment a person makes and keeps to fulfill what he/she said he would do. I feel