February 2018
Intermediate to advanced
722 pages
34h 15m
English
Content preview from The Routledge Companion to Business EthicsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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p.239
Gordon G. Sollars
The term “corporation” has been used to designate any group of persons united for some purpose. Within the business ethics literature the term is sometimes used synonymously with the terms “company” or “firm” simply to denote an organization with a business purpose, with some authors explicitly highlighting ethical issues of such organizations without regard to their legal form (Hartman 1996). The modern business corporation1, however, is a legally recognized organization with a class of investors (shareholders) who typically elect a committee (board of directors) that provides the highest level of management oversight for the activities related to the corporation. Investors’ ...