Purpose of Corporation is profits?

usdcartoonIs Maximization of corporate profit the mission or main purpose of a corporation? What are other “purposes” and obligations? Present an in-depth “Ethical Guidebook” for executives and managers in a large corporation. Give your comments or examples which supports this case.

This post will be end on 28th monday midnight. The leader of this post was Hema Madda.

The blog discussion was extented one more week upto 5th Monday Midnight.

Should CEOs be rewarded for failure?

golden-parachuteIt is commonplace for CEOs of  large American corporations to receive huge paychecks, even when the companies they are entrusted to lead are losing market share, cash and share value. If a company does well, how well should the CEO be rewarded? When the company deteriorates, should the CEO be given a substantial increase in pay? Should the CEO be fired -with an eight -figure severance package? Some numbers to think about, in 1965 the average CEO made 24 times the salary of the average employee. In 2005 the average CEO made 262 times the average employee. What do you think is the Ethical solution to this problem?

This post was prepared by Charles Logan. He will be the leader of this post. This topic blogging was started on 8th Tuesday and will be end on midnight of 14th Monday.

Ethics – Duty – Emotions

father-and-son

 The situation is between father and son. Suppose if you are a police officer (father) and your son committed a crime, you had two choices. One is to turn in your son because it is the ‘RIGHT’ thing to do and the other is to protect your son by doing the ‘DUTY’ of the father towards a son. What is the more ethical thing to do? Discuss the duty ethics VS. right space theories with the situation in mind. Which one does the good outweigh the bad in either of them?

This post was prepared by Kunal Shah and he is the leader for this topic. This blogging was started on 5th Saturday and will be end on midnight of 14th Monday.