Do you think it's reasonable and appropriate for investors to "vote their conscience" on social issues?...

50.1K

Verified Solution

Question

General Management

Do you think it's reasonable and appropriate for investors to"vote their conscience" on social issues? What if he impact of sucha vote is lower profits than might otherwise be possible? How do weresolve disagreements between investor groups who might haveopposing, but equally passionate, ethical arguments for or againsta particular business decision? (Example: a pharmaceuticalmanufacturer has developed a new abortifacient that is quick, safe,effective, and inexpensive. It would be prescribed by a physician,but could be administered by any trained pharmacy technician,similar to a flu shot. Pro-choice investors want the company tobegin manufacturing and distributing this medication immediately.Pro-life investors not only don't want the medication sold, theywant the formula and research notes destroyed so that no otherparty can make the drug. The company has spent millions of dollarson research and testing; if the product isn't introduced to themarket, those research monies would represent a significant loss tothe company and a commensurate reduction in stock prices anddividend payments; however, if introduced to the market, theprofits would be astounding, stock prices would soar, and dividendpayments would skyrocket.)

Answer & Explanation Solved by verified expert
3.6 Ratings (342 Votes)
It is absolutely reasonable and morally correct to vote their conscience on social issues Introducing a ground shattering innovative product that has the potential to improve the lives of millions will be an evolutionary success for the mankind Even when it encourages lesser profit it is ethically correct move towards the betterment of the society as a whole There is no hard and fast rule to settle the dispute between investors on    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students