Business Ethics and CSR Point of View
Date: 21 June 2012
The focus of the project you’re about to read is on the recently phone hacking scandal of famous UK News agency, - The News of The World. The report include a brief explanation of what has happened based on pre-selected online articles, analysis of the scandal from Business Ethics point of view by using various CSR theories discussed during the CSR course in period four and provides conclusion and recommendations on what could have been done. The research is built on identification of the moral problem identification, analysis of the scandal, optional actions which could have been taken to avoid the situation, evaluation of the scandal from business ethics perspective by using business ethics theories. To make sure that the scandal is analyzed realistically the report covers different stakeholder perspectives. Nonetheless, the report addresses one of the most important scandals of the news industry and aims to handle the issues from Business Ethics and CSR point of view.
The News of the World and Phone hacking Scandal background4
1.What the dilemma is about5
2.1. Who acted and who had to act?6
2.2.Stakeholder and their interests/actions7
3.3.Ethical Value Judgment11
3.4.Virtue Ethics (Phone Hacking)12
3.5.Utilitarianism: Consequentialist approach13
3.6.Universalism: Deontological approach14
4.Conclusion and recommendations15
The scandal analyzed within this report is one of the most discussed and complicated scandals the news world has ever faced. In order to be able to realistically present company and adequately evaluate this whistle blowing journalistic research which revealed the greatest journalistic scandal ever the following criterion were used: * Business Aspect of the scandal
* Moral aspect of the issue and public reaction
* Political aspect of the problem
* Ethical theoretical relevancy
* Social elements of the scandal
All the gathered data is analyzed according to the theoretical knowledge gained during the course. Company Mission Statement:
”Our practice is the fearless advocacy of truth. [We] will seek for the patronage of no party …will conceal neither the merits nor the faults of any party, but… will aim alone at doing good service to old England by maintaining her glory and security, the prosperity of all classes of the people.” (Hinton. (2011). After 168 years, what changed?. Available: http://hintonandco.com/tag/mission-statement/. Last accessed 14 June 2012.) This in itself is a very powerful mission statement which was left as an inheritance from the company’s founding fathers. After 168 years they first have been in business, the staff were empowered by these powerful words. The culture that was initially “advocated for truth” was left to run uncontrolled even if it was for the cost of breaking the law.
The News of the World and Phone hacking Scandal background
For the first time being published in 1843 the News of the World was one of the most read Newspaper in the United Kingdom, until 2011. During the period of its publication it was the biggest selling English language newspaper not only in the UK but also globally. The company initially was established by John Browne Bell in 1843 and later was sold to Lascelles Carr in 1891 and last was bought by News Corporation in 1969. News of the World was the Sunday sister paper of The Sun. The newspaper main focus was on its specialty on celebrity-based scoops and populist news. Its “extraordinary” scandal news earned the company various names, including but not limited to famous News of the Screws and Screws of the World slogan. (UK: BBC. (2011). News of the World to close...