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I. Profit Maximization A. Characteristics

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Presentation on theme: "I. Profit Maximization A. Characteristics"— Presentation transcript:

1 I. Profit Maximization A. Characteristics
B. Influence of market forces

2 II. Social Responsibility
A. Characteristics B. Cost to society C. Advantages

3 III. Law as a Corporate Control Device
A. Public dissatisfaction will lead to legislation prohibiting B. Limits on law's ability to control corporate behavior C. Corporate influence D. Law-breaking E. Unknown harms F. Irrational behavior

4 IV. Sources of Ethical Guidance
A. Values that find wide acceptance B. Corporate or industry codes of conduct C. Constituency values

5 V. Corporate Governance Alternatives
A. Restructuring boards of directors B. Restructuring management C. Greater shareholder value D. Issue of incentives for short-term profit vs. long-term

6 VI. Frameworks for Ethical Decision Making
A. Deontology B. Teleology C. Egoism


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