The document discusses key differences between individuals and corporations. It notes that individuals are born into families and communities that shape their moral standards, while corporations are artificial, legally-created entities that are separate from their members. Corporations can own property, sue and be sued, and are managed by directors to maximize shareholder wealth. The document also discusses debates around business ethics and whether corporations should consider social responsibilities or solely focus on profits.

1. Individual & The
Corporation
A study

2. Individual….
• Born into a ….. And he has no say in
the selection of his family
• Absolute no say in the selection of his
....
• Absolute no say in the selection of his
....
• But his ‘moral standards’ are shaped by his
family, the religion he is made to follow & his
peers....

3. Corporation….
1. : An Entity separate from its members;
referred to as an artificial person*
2. : Either limited by shares or limited by
guarantee.
3. : A Company outlasts its members. Since
Law has created it, only Law can end it…
4. : It is the official signature of the company. The
purpose of the seal is to furnish evidence regarding authenticity of
a document.
5. -Transfer of the ownership of
shares either in the form of a transfer or by transmission
6. - Since it is a legal person distinct from its
members, it is capable of owning, enjoying & disposing property
in its own name.
7. - A company can sue and can be sued
8. - Management of a company is vested in the
hands of directors who are elected by shareholders

4. Purpose of Business
• ‘Purpose of a business is to create and
keep a customer ‘
•
• ‘Purpose of a public company is to create
as much wealth as possible of its
stockholders’
•

5. Where does Ethics Come in?
•When an individual brings his moral
standards into the workplace…..

6. Where does Ethics come in?
• ‘If you are not in business to do good things, you shouldn’t be
in business at all.’
•
• ‘Business is an amoral institution and traditional notions of
ethics don’t belong in the corporate setting.’
•
• ‘Using profits that belong to stockholders for charitable
purposes or other ‘socially responsible’ activities is unethical.’
•
• ‘Business ethics is the application of a moral code of conduct
to the strategic & operational management of a business.’
•

7. Dr. M. Fahmy Raiyah
LORD
OF THE
FLIES
WILLIAM
GOLDING

8. WILLIAM GOLDING
• William Golding was born on
September 19, 1911, in
Cornwall, England.
• In 1935 he started teaching
English and philosophy in
Salisbury.
• He joined the Royal Navy in
1940.
• In 1954 he published his first
novel, Lord of the Flies.
• In 1983, he was awarded the
Nobel Prize for Literature.
• He died in 1993.

9. Characters (Lead)
Ralph
Jack
Piggy
Simon

10. Characters (Minor)
Sam and Eric
(Samneric)
Lil’ Uns

11. The Characters
Ralph = Civilization
Piggy = Reason
Jack = Savagery
Simon = Goodness

12. THE SYMBOLS
The Fire = Hope (of rescue)/destruction
The Conch = Order and rules
The Glasses = Reason
The Beast = Savagery and evil inside the humans
Lord of the Flies = The devil/satan

13. Allegory*
• Lord of the Flies is an allegory because, at a higher level,
beyond the surface meaning of the story, the boys can be
seen as humanity as a whole, the island as the world, the
fighting between the two groups as war between
countries, etc.
• (An allegory is a work of literature in which events and
characters represent other characters or events outside the
work. Such work will have two meanings, a surface meaning
and a deeper meaning.)

14. What kind of a person is a
Corporation?
• The great problems of having corporate citizens is that they
aren’t like the rest of us. They have and they
have .
• Corporations always want to get large and to get profitable. In
doing this it tends to be more profitable to the extent it can
make .
• There's a terrible word that economists use for this, called
“ ”.
• An externality is the effect of a transaction between two
individuals and a third party that has not consented to or
played any role in the carrying out of that transaction .

16. What is a Corporation?

17. Is the Corporation a
Psychopath?
• Callous unconcern for the feelings of others
• Incapacity to maintain enduring
relationships
• Reckless disregard for the safety of others
• Deceitfulness - repeated lying and conning
others for profit
• Incapacity to experience guilt
• Failure to conform to social norms with
respect to lawful behaviour

18. • THANK YOU!