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Issues To Consider When Implementing A Corporate Code Of Ethics
Beginning of essay
Issues to Consider When Implementing a Corporate Code of Ethics
Business leaders are talking more today about ethics than in the
past few decades and society is demanding it. When President Eisenhower
held presidency, our society trusted big corporations and did not question
their motives or actio ....
Middle of essay
....ues
interfere with their primary responsibility for which they were hired. In
Freidman’s opinion, the primary responsibility of executives is to maximize
corporate profit benefitting owners and stockholders. Social
responsibility is a role the government must maintain, not the company.
Friedman’s reasoning is that a company will have to increase the cost of
its product or service to justify the cost of being ethical. This cost,
which is more or less a tax, is passed on to the consumer. It .... |
| Number of words: 1492 |
Approximate pages: 6 |
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