This essay will aim to investigate the ethical treatment of shareholders and workers in a traditional, capitalist corporation; The Ford Motor Company and compare and contrast the findings with the treatment of these stakeholders in the Mondragon Cooperative Corporation. The structure of this essay will be as follows; firstly the fundamental differences between the two contrasting organisations will be examined and how these differences impact the ethical treatment of the relevant stakeholders; secondly, the ethical treatment of shareholders in regards to corporate governance and the executive’s accountability and control will be investigated, and lastly, the ethical treatment of workers within the two contrasting organisations will be
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In referring to Kant’s second maxim: Act so that you treat humanity, whether in your own person or in that of another, always as an end and never as a means only (Crane & Matten 2010); it can be acknowledged that this statement forms the basis of creating ethical dilemmas for employees within a corporation – which will be discussed later. Unlike a capitalist corporation where employees are merely an instrument, on par with machinery, equipment and other inputs, following the will of absentee owner’s bent on maximising the return to their invested capital (Lutz 1997), Mondragon does not believe in the instrumental use of workers; the workers are an end in themselves.
The ethical treatment