In what ways has shareholder primacy undermined business ethics? Address this question by critically drawing upon the discussion concerning the influences and challenges of shareholder primacy to business ethics. Also, briefly outline the alternative approaches for corporations to undertake that would encourage more ethically responsible business practice, especially during the current challenging economic environment. The discussion should be supported by using relevant theories or frameworks and real business examples.

In what ways has shareholder primacy undermined business ethics? Address this question by critically drawing upon the discussion concerning the influences and challenges of shareholder primacy to business ethics. Also, briefly outline the alternative approaches for corporations to undertake that would encourage more ethically responsible business practice, especially during the current challenging economic environment. The discussion should be supported by using relevant theories or frameworks and real business examples.

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter7: Entrepreneurship

Section: Chapter Questions

Problem 12CRQ: How do ethics impact decision-making with small-business owners?

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