27. Ethics. Is there a conflict between doing well and doing good? In other words, are policies...

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27. Ethics. Is there a conflict between "doing well" and "doing good"? In other words, are policies that increase the value of the firm (doing well) necessarily at odds with socially responsible policies (doing good)? When there are conflicts, how might government regulations or laws tilt the firm toward doing good? For example, how do taxes or fees charged on pollutants affect the firm's decision to pollute? Can you cite other examples of "incentives" used by governments to align private interests with public ones? (L06)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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