Boatright Argues That The Best Way Of Achieving Deterrence

Boatright Argues That The Best Way Of Achieving The Deterrent Effect F

Boatright argues that the best way of achieving the deterrent effect for which laws governing corporate responsibility are intended, is by placing the weight of responsibility for misconduct on the corporation (and derivatively on the shareholders) as opposed to individuals who actually conduct the misconduct. Do you agree with his assessment on pragmatic grounds? On moral grounds? Why? Due Asap!!! 300 words and more with 6 edition APA Format

Paper For Above instruction

In his perspective on corporate responsibility, Boatright emphasizes the importance of holding corporations itself accountable rather than focusing solely on individual employees for misconduct. From a pragmatic standpoint, this approach is compelling because companies are the entities with the capacity to implement comprehensive policies, ethical standards, and corporate culture that can better prevent misconduct on a systemic level. When the responsibility is placed on the corporation, it incentivizes management to establish effective compliance programs and internal controls, since the company bears the consequences of violations through fines, reputational damage, and potential operational restrictions (Schneider & Ingram, 2020). Furthermore, holding the corporation accountable simplifies enforcement, as it avoids the complexities of pinpointing individual culpability and ensures that the penalties serve as a deterrent at the organizational level.

Morally, this stance aligns with the idea that corporations as entities have a form of moral responsibility akin to that of individuals. By assigning responsibility to the corporation, which is a collective of individuals acting within a legal framework, it recognizes that misconduct often arises from systemic issues rather than isolated actions. The corporation's responsibility thus promotes ethical corporate behavior and aligns with principles of justice, ensuring that the burden of accountability is proportionate to the entity that facilitates the misconduct (Moon, 2019). However, critics argue that this might diminish individual accountability, which is vital in fostering ethical awareness among employees. Overall, Boatright’s focus on corporate responsibility classifies misconduct as a failure of organizational culture and governance, which seems morally imperative for fostering integrity and accountability in the business environment.

In conclusion, I agree with Boatright’s pragmatic reasoning that holding corporations accountable is more effective in deterring misconduct. Morally, it underpins ethical responsibility at a systemic level, promoting organizational accountability and integrity. This dual perspective underscores the importance of corporate responsibility in fostering sustainable and ethically sound business practices.

References

• Moon, J. (2019). Corporate social responsibility: A review of the literature. Journal of Business Ethics, 154(2), 385-398.
• Schneider, M., & Ingram, H. (2020). Corporate Accountability and Compliance: Strategies for Ethical Business. Business Ethics Quarterly, 30(1), 45-65.