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>absolutely do create powerful incentives and drive the culture of large corporations away from any consideration for ethics. They absolutely do not. Corporate
by BobbyJo 6y ago
>absolutely do create powerful incentives and drive the culture of large corporations away from any consideration for ethics.
They absolutely do not. Corporate officers, especially at large corporations, are driven by personal profit, career success, etc. Fiduciary responsibility represents exactly what its name implies: the requirement that you act responsibly on behalf of investors/shareholders. If it was a powerful driver of corporate behavior, then we would expect different behaviors from privately run corporations (I believe that's actually most of them). I do not see that being the case.