Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Do Companies Who Bankrupt While Owing Back Pay To Employees Have A Moral Obligation To Pay Out Employees? - College Paper

Do Companies Who Bankrupt While Owing Back Pay To Employees Have A Moral Obligation To Pay Out Employees?


?
Historically, legal precedent has been set through a process of debentures and subordinate debentures that dictate employees are often the least considered within the bankruptcy process. However, despite the anonymity of corporate entities, all decisions are made by managers capable of recognizing moral factors. The intent of this paper is to examine through philosophical perspectives how managers justify decisions as a part of this process. Therefore the question becomes not whether companies are obligated-but whether management should be expected to have moral culpability.
The decision of whether to back-pay shareholders or to pay employees is indeed a dichotomous proposition - it ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

the calculus either action is equally good. In this case, this implies similar consequences would result regardless of whether decisions are made cognitively or not. Thus, because no other rule applies, we will appeal to the levels of rules to guide our actions. In this case, our obligation remains with the shareholders, or does it? This may not account for the ill effect upon the employees.
However, despite the anonymity of corporate entities, all decisions are made by managers capable of recognizing moral factors. The intent of this paper is to examine through philosophical perspectives how managers justify decisions as a part of this process. Therefore the question becomes not whether companies are obligated-but whether management should be expected to have moral culpability.
The decision of whether to back-pay shareholders or to pay employees is indeed a dichotomous proposition - it will have the effect of both ameliorating suffering and promoting human flourishing, ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.


Already a member? Login


CITE THIS PAGE:

Do Companies Who Bankrupt While Owing Back Pay To Employees Have A Moral Obligation To Pay Out Employees?. (2004, August 18). Retrieved November 28, 2024, from http://www.essayworld.com/essays/Do-Companies-Who-Bankrupt-While-Owing/12870
"Do Companies Who Bankrupt While Owing Back Pay To Employees Have A Moral Obligation To Pay Out Employees?." Essayworld.com. Essayworld.com, 18 Aug. 2004. Web. 28 Nov. 2024. <http://www.essayworld.com/essays/Do-Companies-Who-Bankrupt-While-Owing/12870>
"Do Companies Who Bankrupt While Owing Back Pay To Employees Have A Moral Obligation To Pay Out Employees?." Essayworld.com. August 18, 2004. Accessed November 28, 2024. http://www.essayworld.com/essays/Do-Companies-Who-Bankrupt-While-Owing/12870.
"Do Companies Who Bankrupt While Owing Back Pay To Employees Have A Moral Obligation To Pay Out Employees?." Essayworld.com. August 18, 2004. Accessed November 28, 2024. http://www.essayworld.com/essays/Do-Companies-Who-Bankrupt-While-Owing/12870.
JOIN NOW
Join today and get instant access to this and 50,000+ other essays


PAPER DETAILS
Added: 8/18/2004 03:50:03 PM
Category: Economics
Type: Premium Paper
Words: 441
Pages: 2

Save | Report

SHARE THIS PAPER

SAVED ESSAYS
Save and find your favorite essays easier

SIMILAR ESSAYS
Power of Love In Romeo and Juli...
Could The Greenhouse Effect Cau...
Pocahontas
Law Caters to Men
Racism
The Jungle By Sinclair: A Man O...
Of Mice And Men 5
The Chimmney Sweeper
The Congress Of Vienna
Women And The Bible
Copyright | Cancel | Contact Us

Copyright © 2024 Essayworld. All rights reserved