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ISSUE 152
“The only responsibility of corporate executives, provided they stay within the law, is to make as much money as possible for their companies.”
I agree in so far as the speaker’s assert that making money for their companies is the only responsibility of corporate executives. However, I think that all the business and social actions for this goal should not only be executed under the permission of the law, but also obey some other regulations.
At first, earning as much money as possible and try to make the profit maximum are the initial motives to create a company and the final object of every company, even the yardstick of judging whether a company is successful and whether the executive of the company is qualified. Although it seems a little ugly and let people feel uncomfortable when the basic aim of every company is related with the money nakedly, there is nothing to be said against it in modern material society. In fact, with the rapid development of the science and technology, there are more and more opportunities appear in the market, many new companies are also created with this wave in order to make money. Nevertheless, only a instant hesitate or a small mistake in decision is fatal to the future of a company, and may finally cause the bankrupt. Therefore, the corporate executives who cannot make money for their companies will be called failures.
Secondly, many people believe that the corporate executives of companies should not only think about how to make as much money as possible, but also should pay more attention on the problems of society such as poverty and hungry of many people and do something beneficial for the society. For example, they can establish some relief fund for needy people or just donate some money every year to help them. However, the corporate executives of companies are not philanthropist, and the only responsibility is just making more profits. By doing this, they already do their greatest contribution to the society. In order to earn more money, the company will adjust all the resources they own to the best condition, and do their best to make better products which has better quality and lower price to attract more consumers. At the same time, if a company get better economic benefit, it is highly possible that it will enlarge to make more profits. The enlargement will bring about many job opportunities and all these things are finally beneficial to our society.
However, in many countries in which the system of law is not perfect or has some flaws, just making money under the permission of law is not enough. For instance, during the past 20 years, the Internet which spread rapidly in the world make great convenience to our daily life, and also lead to some new kinds of crime, especially the economic crime, at the same time. Unfortunately, there is still no prefect legal system to restrain the statements and actions of people on the Internet. Therefore, many corporate executives make use of the loophole of the law to earn money with a bad conscience. For example, one company can employ a hacker to intrude into the intranet of the opponent company and grab the secret documentations about the information of product or develop plan so that the relevant measures can be drew up to beat the opponent. Therefore, staying within the law does not mean that one can use any way that law do not prohibit to make money, all the business action should also be limited by the social moral standard.
To sum up, the only responsibility of corporate executives is to make as much money as possible for their companies, provided they stay within the law and make business actions a matter of conscience. |
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