MBA Business Ethics: session 5 Dr Robert Shaw Graduate School of Business Guangdong University of Foreign Studies 15 December 2012

Agenda 1.Lecture 5: Governance & rights theory 2.Paper writing 3.Group work 2 30 November 2012

Rights theory - sources Your textbook: Rights 72-73,

Rights are a logical form So how do we justify rights? Political process Ethical argument Virtue ethics Deontology Utilitarianism Rights are always up for negotiation 4

Rights claims The ethics of business participants Claims to rights Western countries And now, China The ethics of those without power Democracy & governance 5

Nature of rights Every right implies a duty or responsibility A right imposes a duty on someone else Positive rights Negative rights Do rights depend on the bearer being reasonable? 6

Rights Slogans Right not might 7

Where is rights theory? 8

Right Right(s) – a word with many uses 9

Classification of rights Contractual rights Company ownership Marriage Political rights Constitutional rights Legal rights Enforcement of contractual rights Human rights / Natural rights 10

Human rights United Nations Global struggles 11

Historical development Islamic concepts The Zoroastrian religion taught Iranians that citizens have an inalienable right to enlightened leadership and that the duty of subjects is not simply to obey wise kings but also to rise up against those who are wicked Stoics – no one is a slave Jeremy Bentham John Locke John Stuart Mill 12

John Locke Life, liberty, estate 13

Constitutional rights 14 The rights of the citizen Historical development Great Britain France United States of America Charter of Medina, 622AD

15 The Magna Carter, 1215

16 Declaration of Arboath, 1320

17 Declaration of Arboath, 1320

18 Declaration of the Rights of Man and of the Citizen, 1789

19 The United States Constitution, 4 March 1789

20 The Bill of Rights, 1789 (first ten amendments of the Constitution)

How democracy works Phenomenology study Where is democracy? Companies Sports clubs Local government Central government 21

Local government The essence of local government Be with... Try to eliminate categories What is the essence?

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Company ownership When we decide to go into business Ownership structures Stock holder & share holder 25

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Company ownership When we decide to go into business Ownership structures Stock holder & share holder Boards of Directors Chief executives Other officers 27

The Governance Management Divide Divided interests – stakeholder analysis The rights of the owners The problem of votes 28

The two currencies Decision-making & power Western structures – checks, balances and abuses 29

MBA Business Ethics: session 5 End of the lecture.

Agenda 1.Lecture 5: Governance & rights 2.Where do your marks come from? 3.Paper writing 4.Group work 31

32 BUSINESS ETHICS 11c RESULTS Weightings 30%20%50%100% NumberNameGroup WorkProgressAssignment FINAL

Task – due 1 January Business Ethics in the subject line, nothing else please Developed paper: i.Introduction – reworked (about 900 words, link the situation to your proposition, references support your Introduction) ii.Your proposition – in the ought to form. Give heading. iii.Statement of the ethical theory you are going to use to support your arguments. Give it a meaningful heading. Include references to support the theory. Use quotes. About 800 words. iv.Three arguments in support of your proposition (about 900 words on each, show how the theory of ethics relates to your arguments, give references to support, give each of 3 a heading). v.References in correct format vi.Attach to your draft as a doc or docx file. 33

Your paper is due 5 pm, 9 January 2013 One copy to MBA Centre with cover sheet One copy to me, also with cover sheet please Put Business Ethics in the subject line 34

Paper writing: Basic approach 35 Your essay should consist of the following parts: a.Concise statement of your ethical proposition (X ought to Y). b.Background to the problem (your Introduction section). c. Three arguments in support of your proposition. a.Your arguments b.Support your arguments with the theory of ethics a.State the theory of ethics (one theorist or a theory eg deontology virtue ethics, utilitarianism). You can use two theories/theorists, no more. b.Show how theorist/theory relates to your argument. c.Criticize the theory and/or your argument. d. Conclusions about both the theory used and the problem you have selected.