S. minimum wage standards.
As the above scenarios illustrate, it is impossible to rely upon a single moral theory when developing a corporate code of ethics. This is because each individual brings his or her own personal perspective about ethics, so that each theory is biased by personal perspective. While Kohlberg's Model of Cognitive Development attempts to incorporate these differences, it fails to answer the question of whether or not individuals can judge the morality of someone's actions when that person comes from a different ethical and cultural background. (AllPsych, 2004). Therefore, it seems like the best thing a corporation can do is to consult the cultural norms of its stakeholders and try to fashion a corporate code that respects all of those norms. Such a code would focus on individual rights, utilitarianism, and justice. Therefore, DWI's corporate code should pledge to create value and enhance quality of life for its workers, shareholders, and other stakeholders. It should pledge to engage in fair trade, not just free trade. It should also pledge to be a good steward of the environment, helping ensure environmental sustainability. It should pledge honesty and integrity in its interactions with all stakeholders. Furthermore, DWI should appoint an Ethics Officer who can refer to the company's statement of values to help resolve ethical dilemmas. The Ethics Officer would also be responsible for conducting ethics audits to ensure that all parts of DWI are compliant with the company's stated values.
References
AllPsych Online. (2004). Kohlberg's stages of moral development. Retrieved December 22, 2008 from AllPsych Online
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