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Join Date: Mar 2000
Location: Lacey, WA. USA
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Quote:
Originally posted by Dantilla
Is this written into law somewhere? Maybe it is, but I'm not familiar with anything like that.
I am not saying corporations are required to be unethical. They are simply required to not consider ethics. If a CEO is found to have passed on an opportunity to make legal profits just because it would have been unethical, his Board could bring charges against him. His job was to maximize the value of a share of common stock, and he deliberately chose not to. It would be a form of fraud.
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Old 03-13-2007, 03:27 PM
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