Monday, November 25, 2019
Role in Society - Position Paper essays
Role in Society - Position Paper essays The bullet point on "Corporate social responsibility" (a corporation "should be held accountable for any of its actions that affect people, their communities, and their environment") is a very good statement on the ethics a company should follow. Although it seems every time I read the paper, another company has apparently failed to live up to its responsibility to its stakeholders, shareholders, nor to the community in which it exists. And of course there has been plenty of news about how Enron, and WorldCom, and other companies that have "cooked" their books to falsely inflate their stock values, and where key executives have swindled their own companies out of millions. What this course alerted me to was that when an executive of a big corporation steals money by presenting fraudulent earnings reports, and then goes to court and receives a fine, he still walks away with a lot of money. He still keeps his beach facing condo. And all the shareholders who lose their retirement money because of the swindle have to make do with what little they can scrape together for retirement. How can these people get up in the morning and look in the mirror' Knowing that thousands of former colleagues and fellow employees lost their savings because of your greed, how could you face yourself or your family and not feel like crawling into a dark cave somewhere and never re-emerging' My view of business has changed, as I now see myself more in the "consumer" and "stakeholder" groups of America; and I find myself looking through the business pages of the USA Today, or other newspapers, just to see what latest scandal, swindle, rip-off or other Closer to my own issues with business, however, is the ...
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