It appears unethical behavior in the business world has gone into overtime. Most recently, we see firms such as Toyota and BP putting profits ahead of the welfare of its customers. Sadly these firms have demonstrated practices that in the short-run enhance the pockets of the firm’s leadership while stakeholders will experience the long-run impact. The impact could be in the form of ecological and environmental damage, damaged and crippled economy, excessive governmental regulation - just to name a few.
I advocate, the stakeholders, are the American people. As stakeholders we have been remiss in our responsibility to reject unwarranted behavior.
What can we do? Let me hear from you.
Thursday, May 20, 2010
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