University Ethics Report: Corporate Governance and Ethics

This report delves into the complexities of ethical decision-making within a corporate governance context, addressing a case study involving a management accountant, Arnold, and his ethical obligations. The report begins by identifying the deontological theory as the most applicable ethical framework for Arnold's motivation to disclose short payments, emphasizing the importance of duty over consequences. It then examines the limits of loyalty in the workplace, questioning the expectations of Mr. Goodrich, and asserting the importance of ethical behavior. Kaptein's dimensions of an ethical culture are used to evaluate the ethical standing of the company, revealing shortcomings. The report also assesses Arnold's potential conflict of interest, highlighting the tension between his ethical duties and the company's interests. Finally, the report employs the AAA decision-making model to guide Arnold in making the best ethical decision, considering facts, ethical issues, values, alternative actions, consequences, and the decision itself. The report provides a comprehensive analysis of ethical considerations within the scenario, drawing on ethical theories and decision-making models to provide a well-rounded perspective.