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Essay / Research Paper Abstract
The lack of meritocracy has often been assumed to indicate a lower manifestation of ethical approached being adopted by organisations. In this 7 page paper the writer considers if this is true and looks at the role that meritocracy will have on any organisations when it comes to moral or ethical decisions or actions. The bibliography cites 7 sources.
Page Count:
7 pages (~225 words per page)
File: TS14_TEmerito.doc
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Unformatted sample text from the term paper:
the various aspect of business give rise top the consideration of different aspects of business and the ethics that are involved in corporate activity. We can argue that the movement
is both positive in increasing an ethical awareness at the same time. However, we do need to understand that an increased awareness in ethics does not automatically mean that there
is an increased standard of corporate ethical behaviour. In a meritocracy the use of talent and ability to create leadership and to denote relevant promotions or demotions. This also has
an effect of being seen to undertake the route that may be the best for an organisations, but this is jot always the best route for an individual, or for
society in a utilitarian sense. Better qualified individuals may result in an organisation that in run in a more qualified, experienced
individuals. However, this does not mean that organisations will be more ethical in practice, but it does mean that they may be more aware of how to appear in the
way that the customer perceives their organisation and operation. The real way in which ethics will be apparent in any organisation can
be seen in the attitude demonstrated in corporate governance. When we look at these models, we can argue that meritocracy has a place in both of these models.
Corporate governance has generally divided into two schools, that of shareholder wealth maximisation (SWM) and that of corporate wealth maximisation (CWM). These are
not patricianly new schools of though and many of the arguments are not new. There are strong arguments in favour of both paradigms which are not always exclusive to their
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