Role in Society - Position Paper

             The bullet point on "Corporate social responsibility" (a
             corporation "should be held accountable for any of its actions that
             affect people, their communities, and their environment") is a very
             good statement on the ethics a company should follow. Although it
             seems every time I read the paper, another company has apparently
             failed to live up to its responsibility to its stakeholders,
             shareholders, nor to the community in which it exists. And of course
             there has been plenty of news about how Enron, and WorldCom, and other
             companies that have "cooked" their books to falsely inflate their
             stock values, and where key executives have swindled their own
             companies out of millions. What this course alerted me to was that
             when an executive of a big corporation steals money by presenting
             fraudulent earnings reports, and then goes to court and receives a
             fine, he still walks away with a lot of money. He still keeps his
             beach facing condo. And all the shareholders who lose their
             retirement money because of the swindle have to make do with what
             little they can scrape together for retirement. How can these people
             get up in the morning and look in the mirror' Knowing that thousands
             of former colleagues and fellow employees lost their savings because
             of your greed, how could you face yourself or your family and not feel
             like crawling into a dark cave somewhere and never re-emerging' My
             view of business has changed, as I now see myself more in the
             "consumer" and "stakeholder" groups of America; and I find myself
             looking through the business pages of the USA Today, or other
             newspapers, just to see what latest scandal, swindle, rip-off or other
             Closer to my own issues with business, however, is the
             ...

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