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| Author: | Arce, D. Li, S. |
| Title: | Profits, layoffs, and priorities |
| Journal: | Journal of Business Ethics
2011 : JUN, VOL. 101:1, p. 49-60 |
| Index terms: | profit recession business ethics unemployment lay-offs students |
| Freeterms: | MBA |
| Language: | eng |
| Abstract: | This study reviews the thought process of professional MBA students when presented with a dilemma that weighs the difference between commitments to profit-maximization against concerns for fired workers that would lose their job during a recession. Accounting, economic, and ethically based rationales are analysed. According to the results, those who make non-profit-maximizing recommendations often reject the profit-maximizing approach to layoffs. |
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