Laws governing the process by which this is accomplished

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Given that business is about maximizing stakeholder wealth and given that there are laws governing the process by which this is accomplished, is there even room for ethics in business? In other words, if organizations (and organizational members) follow the law, is there any additional need for ethical considerations? When organizations maximize stakeholder wealth, aren't they already doing the "right" thing according to the design and purpose of organizational existence?

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• This essay asks you to form an argument regarding the role of ethics within organizations.

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Reference no: EM132201991

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