If a firm engages in ethical behavior solely for the purpose of gaining profits from the goodwill

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If a firm engages in “ethical” behavior solely for the purpose of gaining profits from the it generates, the “ethical” behavior is essentially a means toward a self-serving end (profits and the accumulation of wealth). In this situation, is the firm acting unethically in any way? Should motive or conduct carry greater weight on the ethical scales in this situation?

Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...

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Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

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Question Posted: Apr 30, 2012 02:51 AM

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If a firm engages in ethical behavior solely for the purpose of gaining profits from the goodwill

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This question essentially asks whether good behavior can ever be unethical The answer to this questi...View the full answer

Business Law Text and Cases

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