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Autor: anton • November 16, 2010 • 1,460 Words (6 Pages) • 467 Views
What is justice? I want to start the support of my decision examining the definition and meaning that has been ascribed to the term justice. For this paper purpose I will take the definition of justice as; proper ordering of things and persons within a society. Now I will try to analyze the rationale behind Bernard Ebbers actions while he was the CEO of WorldCom to prove that his business ethics were the last thing in his list of priorities and why he should go to jail for the rest of his life. The first thing I would like to point is the humans tend to cede to peer pressure especially when we feel cornered. As a high rank staff in any organization he had access to all types of information even some that was exclusive for his position. This information is also shared among other key personnel around the organization that could also influence the future of WorldCom. But the sole reason to have a leader in an organization is to do whatÐ²Ð‚™s right all the time and to lead others to do the same while taking in consideration the wellbeing of all parties involved. In other words why I just tried to illustrate was that even when sometimes leaders are put in situations where they feel cornered, the society still expecting an honorable conduct from them.
The first step I am going to take is to analyze his decisions using a utilitarian perspective. During my research I didnÐ²Ð‚™t find any information about Mr. Ebbers private life but I will assume he spent the majority of his time at work just like any other CEO. Since the majority of the people he knew was involved in the dilemma of manipulating finance information. My conclusion is that he made the decisions based on the premises that they were going to maximize the happiness to a greater number of people over a long term. LetÐ²Ð‚™s stop here and define honesty before continuing. Honesty is defined as the refraining from lying, cheating, or stealing. Now back to Mr. Ebbers. Mr. Ebbers knew the condition of the company finances because otherwise he wouldnÐ²Ð‚™t be able to justify the loans he requested to banks which place his honestly in question. The problem with lying is that to lie is to start a never ending chain, because if I lie now then IÐ²Ð‚™ll have to lie later to cover the initial lie. Based on this, we can say that Mr. Ebbers was an egoist utilitarian. He was an egoist because his world was composed only by the people surrounding him and utilitarian because he protected only his inner circle interests. One of the main goals of a CEO is to cut down in expenses and improve the overall operating policy. This was also ignored by Mr. Ebbers because the acquisition of other companies developed the need for an integration plan. This integration plan was required to avoid the redundancy and underutilization of systems within the company, he never paid attention to this problem. This also demonstrated that his decision had no business ethics. One of his expressions when he left the CEO position was that the current financial crisis WorldCom was going trough was going to pass. For some reason people try to alleviate their guilty thinking that time heals all wounds while thinking about the people that got hurt in the process and themselves.
LetÐ²Ð‚™s analyze his decisions from the Consequentialism point of view. When he was making the decision of buying all the telecommunications companies he acquired while manipulation WorldCom finances. He didnÐ²Ð‚™t think about the consequences such actions would have to the stockholders, ordinary workers and overall market. He was just thinking about his lucrative consequences. Sadly in this society everything revolves about money. Also it is interesting to know that crimes like these which mostly of us refer to as White Collar Crimes are treated in a different way. What I mean with this is when they are prosecuted by the same legal system; it is interesting to know that they go to special penitentiaries that have special privileges. Such premise can lead us to this question; does real justice exist out there? Or we are just playing the game that whomever has the best lawyer wins?
Now letÐ²Ð‚™s analyze his decisions from a deontology perspective. The Civil Rights ACT of 1964 Sec. 201 states: All persons shall be entitled to the full and equal enjoyment of the goods, services, facilities, privileges, advantages, and accommodations of any place of public accommodation, as defined in this section, without discrimination or segregation on the ground of race, color, religion, or national origin or sex. This is something he failed to meet since he assumed the CEO position. First he manipulated financial data or was involved in it to give a misleading image of the company financial status. This caused investors to invest money that was going to produce no returns on investments. Also considering that some people use their homes as an investment it may have cause them to loose their homes. But Mr. Ebber never thought about them because his