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I. Profit Maximization. A. Characteristics B. Influence of market forces. II. Social Responsibility. A. Characteristics B. Cost to society C. Advantages. III. Law as a Corporate Control Device. A. Public dissatisfaction will lead to legislation prohibiting

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I. Profit Maximization

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I. Profit Maximization

A. Characteristics

B. Influence of market forces


II. Social Responsibility

A. Characteristics

B. Cost to society

C. Advantages


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


IV. Sources of Ethical Guidance

A. Values that find wide acceptance

B. Corporate or industry codes of conduct

C. Constituency values


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


VI. Frameworks for Ethical Decision Making

A. Deontology

B. Teleology

C. Egoism


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