Corporate Downsizing Case

Corporate Downsizing Case - Business Ethics Corporate...

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Business Ethics Corporate Downsizing May 5, 2009 John Orlando wrote about “The Ethics of Corporate Downsizing.” Orlando says that there have been many corporate downsizings in the past years. He says that the main reason companies downsize is to maximize profits for the shareholders. He says that the only time corporate downsizing would be morally acceptable is when it is to save the company from going out of business. Orlando states that just because the shareholders are the legal owners of the company that the other groups in the company cannot be forgotten about. He says that the worker has put risk into accepting the job offer and working for the company and he should be compensated for that risk. Maitland says that a shareholder should be compensated for risking the money that he has put into the corporation. If the shareholder were not going to be compensated, then why would he risk his money? Orlando talks about the Utilitarian argument. He says that in order for corporate downsizing to be morally right it would have to benefit more
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This note was uploaded on 09/08/2010 for the course BUS 186 at San Jose State University .

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Corporate Downsizing Case - Business Ethics Corporate...

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