Finance DB2 - Part 1 The first article titled Why doing...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Part 1 The first article titled Why doing good is good for business starts out with an example of an ethical decision made by the drug company Pfizer, and how this decision is turning out to financially favor the company as well as boost its moral credibility among consumers and employees. Pfizer supplied free drugs for customers who lost their jobs in 2009 and cannot afford the medication that they need to be healthy. This move may have come as a surprise to some because of the $2.3 billion fines Pfizer faced previously, but the “free drug” program they have implemented is putting the company back in a favorable light. This comes as no surprise to Los Angeles management advisor Dov Seidman. Seidman, who started the company Legal Research Network, claims that companies that “out-behave” other companies will make the most money nowadays. Legal Research Network has evolved from a small legal advice firm to an online educational platform with over 500 ethical issue courses ranging from international...
View Full Document

This note was uploaded on 02/10/2012 for the course FIN 3403 taught by Professor Tapley during the Spring '06 term at University of Florida.

Ask a homework question - tutors are online