Ethical decision making. Seventeenth century philosopher Thomas Hobbes believed cooperation between individuals and organizations depended on overlapping mutual interest. Scott & O’Brien (2020, p. 19-20) add the so-called golden rule, “do unto others what you would have them do to you”. In the first dialog post discuss whether Hobbes is correct, in the context of chapter 1 of Financial Accounting Theory, and whether a modifier of the golden rule is enough to ensure ethical accounting practices, or if perhaps a different ethical standard is needed. For your response posts, you may choose to agree with or challenge a classmate’s initial post using an academic citation and/or biblical reference. The key parts of required reading for this dialogue include Chapter 1 in Scott & O’Brien, Job chapter 1 and Jensen & Meckling (1976).
Supplement your reading for this dialog on ethical decision making with the case of Herr’s Foods, available for online reading at the Regent University Library.
Stone, A. G., & Redmer, T. A. (2024). Herr’s Foods, Inc. Production Strategy. In Faith-Based Entrepreneurship: An Empirical Analysis of Christian Faith-Based Firms (pp. 365-382). Cham: Springer Nature Switzerland.
All dialogues should follow the Doctoral Business Dialogue Guidelines, posted on Canvas. The guidelines indicate each post should be between 250 and 300 words, excluding references. The guidelines also note only posts made during the two-week period will be graded. For this first dialog on ethical decision making, I have added a requirement that the initial post should include at least 4 academic citations in APA format (including the textbook and required article(s)).