Role of Ethics in Different

Domains
Management Ethics
• Management Ethics’ is related to social responsiveness of a firm.
It is “the discipline dealing with what is good and bad, or right
and wrong, or with moral duty and obligation. It is a standard of
behaviour that guides individual managers in their works”.

• Types:-
1. Immoral Management
2. Moral Management
3. Amoral Management – 1. Intentional 2. Unintentional
Ethical Guidelines by James O’Toole
• 1. Obey the law
• 2. Tell the truth
• Respect for People
• The Golden Rule
• Above all, do no harm
•  Practice participation – not paternalism:
• Act when You have Responsibility
Approaches to Management Ethics
• Utilitarian
• Moral Rights
• Social Justice

Need for Business Ethics:

Barriers to Management Ethics:

James A. Waters describe three “organisational blocks” of management

ethics:
• Chain of Command
• Group Membership
• Ambiguous Priorities

Solution to these Barriers: