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  • Essay / Ethics Essay - 1035

    Many people face ethical dilemmas every day where they may have to choose between their personal beliefs or strictly obey laws and rules. However, not everyone can make the right decisions because such dilemmas are difficult to resolve and one may differ from the other in terms of moral position. Applying my own moral principles to resolve the dilemma, I believe a postconventional approach should be taken if I were a CFO. Although I have a legal responsibility as CFO to keep valuable investment information confidential until the company releases it to the public, the company's financial situation requires that a law be ignored in order to save this business that provides many people with a source of income and overall security. Additionally, I feel that as a human being I also have a responsibility to protect the well-being of my colleagues who are at risk of losing a job that I am fully capable of preventing. In this postconventional approach, “no harm is done and thousands of jobs are saved,” an outcome far greater than the tragedy that would surely result if I followed the law in this situation. I believe the morally correct decision to make in this case is to inform Mr. Smith of the crucial contract and secure the immediate future of the company and its employees, as the benefits of these actions far outweigh the potential consequences . I am also fully aware that this course of action is extremely perilous and may result in the end of my career, possible prison time, and may also possibly end the business itself; however, I would much prefer to dispute these risks as it would ensure the well-being of the company and its dependents for some time longer than if I remained passive and...... middle of paper.. ....g approaches, various emotions resulting from patriotism can positively reinforce their actions, even though a terrible consequence, massive unemployment in this case, may result. On the other hand, one could take an altruistic, postconventional approach to this dilemma where he must commit the crime of insider trading to do what he believes is right. This course of action is "selfless" because a person would act not only to be rewarded or to avoid punishment as is the case with preconventional thinking, but they would act in such a way that what they believe to be morally correct be done, even with the possibilities of punishment that accompany such acts. By comparing the different approaches presented in Lawrence Kohlberg's moral stage theory, we can better see the results that would be generated by their respective beliefs..