Examlex
When the firm earns lower-than-average returns,the highest priority is given to satisfying the needs of capital market stakeholders over the needs of product market and organizational shareholders.
Totality Principle
A philosophical concept that considers the moral decisions based on the totality of circumstances, including all moral rules and principles.
Beneficence
An ethical principle that involves acting in the best interest of others by promoting their well-being.
Double Effect
A principle in ethics that allows actions which have both a positive effect and a harmful side effect, if the action itself is morally good or neutral, the good effect is intended, and the good outweighs the bad.
Perfect Duty
A moral obligation that must always be followed without exception.
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