What Is The Effect Of Deontology

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The Adelphia scandal is the one the most extensive financial frauds ever happened at a public company. The fraud was long-lasting: the company systematically excluded billions of dollars in liabilities from its consolidated financial statements since at least 1998 till March, 2002. Huge amounts of money were hidden on the off-balance sheet affiliates' books. The company was found in 1952. In 1986 it was publicity listed. Rigas Family owned five cable television companies, which were reorganized into one. Before the famous scandal happened, Adelphia became the sixth largest cable company in the United States. In order to meet Wall Street expectancies, they inflated earnings and falsified operations statistics. Adelphia actually served interests …show more content…
Deontological ethics essence means that the moral values of actions are stable regardless of its consequences. The effect of moral values depends on the underground of motivation: whether it was to complete one's duty. Concerning this theory, the only one possible and fair action is to pretend that everything is done. Everyone posses the duty to take a correct action. This shows a difference of deontology from ethics theories. This is completed from two categories: the activity and the rules of deontology. Act-deontologist see the each activity as an ethically separate one and believes that consulting one's intuition or conscience, we have to be able to determine the right side in such situation. Set of rules are not needed, intuition or conscience are guiders of path. More significantly common than act-deontology is rule-deontology. Rule-deontologists believe that there are universal rules, which provide standards for what is wrong and right. The principle of universalizability that they accept in the notion when make moral decisions (judgement) is that a peson appeals to principles of universum. The most shared interpretation: if you want everyone to act the same way as you in a certain situation, you show a universal principle of morality in action; and, in a case if you follow the deontological ethical approach, you should do the own

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