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International Journal of Academic Research in Accounting, Finance and Management Sciences

Open Access Journal

ISSN: 2225-8329

Examination of Aspects of Deontological and Teleological Theories that Promote Professional Practice

Bismark Owusu-Sekyere Adu, Morris Ayaa Mensah

http://dx.doi.org/10.6007/IJARAFMS/v13-i2/16795

Open access

Expectations regarding appropriate business and professional practices have changed dramatically over the years. Corporations and organizations now face an era of heightened accountability beyond shareholders to stakeholders interested in how they achieve their objectives. The challenge in recent times is the adoption of appropriate ethical principles that not only lead to the ethical realisation of profits but also respect the interests of others. The examination of the aspects of deontological and teleological theories that promote professional practice is critical in contemporary times. This article therefore proposes a literature review of the aspects of deontological and teleological theories that promote professional practice.