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Published byDeirdre Cox Modified over 8 years ago
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Group Member Awang Kaifah Riyard Alkenny Joe Juhanis Delvin Ng Jia Voon Nur Adilah Micheal Winnie Yong Wan Son
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Explain the ethical dilemmas depicted by the main characters – Jared Cohen (Simon Baker), John Tuld (Jeremy Irons), Sam Rogers (Kevin Spacey) and Eric Dale (Stanley Tucci). Explain the conflict faced, resolution principles and the ethical theories and reasoning that explain the actions of each character.
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Jared Cohen Conflict faced To decide the best strategy for the firm to solve critical situation Types of conflict Individual vs Community Conflict faced To decide the best strategy for the firm to solve critical situation Types of conflict Individual vs Community
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Action taken – Suggest the firm to sell off all the worthless assets Ethical theory Utilitarian concept Ethical reasoning Kohlberg third stage of moral development Conclusion NOT ethical Ethical theory Utilitarian concept Ethical reasoning Kohlberg third stage of moral development Conclusion NOT ethical
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John Tuld Conflict faced To deal with the historical volatility issue Types of conflict Short – term vs Long - term Conflict faced To deal with the historical volatility issue Types of conflict Short – term vs Long - term
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Action taken – Sell all the worthless assets as had been suggested by Cohen Ethical theory Justice theory Resolution principle End - based Conclusion NOT ethical Ethical theory Justice theory Resolution principle End - based Conclusion NOT ethical
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Sam Rogers Conflict faced To decide whether to follow and carry out Tuld idea of selling off the worthless assets Types of conflict Individual vs Community Conflict faced To decide whether to follow and carry out Tuld idea of selling off the worthless assets Types of conflict Individual vs Community
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Action taken – Suggest the firm to sell off all the worthless assets Ethical theory Rights theory Resolution principle Golden rule Conclusion NOT ethical Ethical theory Rights theory Resolution principle Golden rule Conclusion NOT ethical
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Eric Dale Conflict faced To decide whether to stay at the firm during critical time or reveal the truth to public Types of conflict Truth vs Loyalty Conflict faced To decide whether to stay at the firm during critical time or reveal the truth to public Types of conflict Truth vs Loyalty
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Action taken – Remain loyal to his firm and did not reveal the truth Resolution principle End - based Ethical reasoning Kohlberg second stage of moral development Conclusion NOT ethical Resolution principle End - based Ethical reasoning Kohlberg second stage of moral development Conclusion NOT ethical
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Was any character in the movie concerned with corporate social responsibility? Explain in detail.
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Corporate Social Responsibility A corporate takes initiative to be responsible toward company’s effect on the environment and impact on social welfare such as employee, customer, and community
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Characters that concerned with Corporate Social Responsibility
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Characters that NOT concerned with Corporate Social Responsibility
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What part did corporate governance play in the events depicted in the movie? How was Sarah Robertson (Demi Moore) involved in this? Explain.
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Corporate Governance The system by which business corporations are directed and controlled
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Risk Management Lead by Chief Risk Management Officer, Sarah Robertson Assess firm’s risk with the risk management analysis Address the major risk Provide recommendations on how to mitigate the risk Lead by Chief Risk Management Officer, Sarah Robertson Assess firm’s risk with the risk management analysis Address the major risk Provide recommendations on how to mitigate the risk
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Separation power between Board and Management Decision made by the CEO is without the board intervention The management team have the ultimate authority in managing the firm Decision made by the CEO is without the board intervention The management team have the ultimate authority in managing the firm
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If you were Peter Sullivan (Zachary Quinto), would you (a) make the same career decisions from physics to investment banking, (b) inform someone about your findings in the findings and (c) accept the promotion at the end of the movie. Explain in detail.
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Question 5 (a) Make the same career decision due to several factors as follow: The state of economy, for e.g. financial crisis Family status – married vs single Need a fresh challenge in life Make the same career decision due to several factors as follow: The state of economy, for e.g. financial crisis Family status – married vs single Need a fresh challenge in life
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Question 5 (b) Would not directly inform someone about my findings in the findings because Assess the significant of the findings Concern towards own safety as well as people in the surroundings Would not directly inform someone about my findings in the findings because Assess the significant of the findings Concern towards own safety as well as people in the surroundings
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Question 5 (c) Would not accept the promotion because: End – based principle Would be viewed as one of the “partner in crime” by others For future benefits Would not accept the promotion because: End – based principle Would be viewed as one of the “partner in crime” by others For future benefits
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