Unformatted text preview: considered unethical because of the amount of U.S. jobs that are lost because they require more money to perform the same task. However, this practice has created millions in terms of shareholder wealth or rises in stock. Trying to conduct themselves in a legal and ethical manner complicates the agency problem because shareholders want to do whatever they can to ensure that the company is maximizing wealth by keeping costs low and increasing profit. Acting ethically may cause companies to not perform or engage in certain activities that may be more costly or may not produce the desired results wanted by the shareholders....
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This note was uploaded on 07/27/2011 for the course ECON 640 taught by Professor Chang during the Spring '11 term at Ashford University.
- Spring '11