The event infers an ethical issue as under the principle of ethics contributions have to be made to pension funds as an ethical investment. Carrilion wriggled out the contributions in the pension schemes which is an unethical act as per the principles of ethics followed by company for employee welfare.
Consequentialist ethical theory is the normative ethical theory that signify that the consequences someone’s conduct in the company is made the base for judging the conduct about how wrong or right it is. In this event Carrilion has been accounted responsible for way the pension investements were handled.
Theory of justice is theory by John Rawls which emphasyzis on solving a problem by distributing something in the society with justice with the help of a variant of a same device of the social contract. In this event it is shown that the pension contribution was kept on stake and payments were made to the shareholders dividends and bosses’ bonuses. It was pointed out that these payments were made from the expense of pension fund contributions as the company has been facing a pension fund shortfall.
The event could be handled differently by distributing the funds in a effecient way in all the necessary head including the pension contributions instead of giving emphasys on dividend and bonus distribution only.
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