Ethical Issues in NAB Banking Scandal

This essay discusses the ethical issues raised by the NAB banking scandal and evaluates the decision-making process based on ethical theories. It highlights the violation of corporate governance and corporate social responsibility principles by NAB, as well as the lack of ethical leadership. The essay analyzes the Utilitarianism and Deontology ethical theories to determine that the actions taken in this scenario are unethical. The recommended ethical decision is to implement a stricter CSR structure in NAB and hold the directors accountable for their actions.