BUS263 HW HELP please.
I’m studying and need help with a Business Law question to help me learn.
Corporations have had a difficult time, at times, balancing profits and obligations to shareholders and what the majority of people feel is moral in particular cases. For example, it is legal to produce textiles overseas where child labor is acceptable; however, many a textile seller has faced harsh criticism and boycotts for doing so (e.g., Kathy Lee Gifford scandal). Should US corporations be held to the same standards we require in the US when they are operating in other countries? Should they be held accountable morally for engaging in what we would consider unethical conduct? In your opinion, how should that relate and/or affect a corporation’s duty to earn a profit for shareholders? Be sure to comment upon at least two other students’ posts in addition to your own.