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Corporation and Ethics

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What responsibilities does a corporation have to its community, to its workforce, and to its investors?

Does the corporate form of ownership encourage or discourage ethical behavior? Or neither? Explain your answer.

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Solution Summary

Corporate form of ownership and ethical behavior, and responsibilities of a corporation are discussed.

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Responsibilities a corporation has

to its community:

The responsibility of the corporation to its community is to stay within the law and be ethical in its practices.

to its workforce:

The responsibility of the corporation is to provide its employees with opportunities, higher salaries, and better working conditions.

to its investors:
The corporation's responsibility to ...

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