Wednesday, February 23, 2005
Why acting ethically is good business.
In my corporate finance classes I always make a point to stress that in the absence of large information asymmetries, acting ethically is generally also acting in shareholders' best long-run interests.Why? Because the market place is a hard disciplinarian and few people (customers, suppliers, or investors) want to do business with firms that are not acting ethically. Consider for a second, if
Labels:
Corporate Ethics
0 comments:
Post a Comment