accounting ethics

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Does this sound right for the following scenario?
The mayor of a small seaside town faces a tough decision. A prominent developer has submitted a proposal to build a large mall and resort in the town. This development is estimated to bring $150 million in tourism each year and several hundred new jobs to the community, which badly needs the economic boost. The proposed location of the new development, however, is a site that now houses the only nursing home and senior citizens’ recreation center in the area. Both the nursing home and recreation center would have to be demolished, affecting 100 seniors and 30 employees. There is no other location in town where the new development can be built. How should the mayor decide: in favor of economic prosperity or in defense of his elderly citizens?
Consequentialism of the scenario is on one hand the mayor needs to boost the econony. On the other hand 100 seniors will lose their homes and recreation center.And 30 employees will lose their jobs.
The deontology of the scenario is it is the mayor place to bring money into the community. But at what and who's cost.

And the virtue ethics of the scenario is the mayor is torn between boosting the town's economy and the displacement of 100 senior citizens from their homes. And 30 employees from their jobs.

  • accounting ethics -

    Why doesn't the mayor find another location for the nursing home and recreation center?

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