As stated by professor R. Edward Freeman in Darden School of Business in University of Virginia, some people do not believe that there is a balance in business activities and ethics. Instead, they consider that business ethics would be an absurd contradiction. Most of the time, the ultimate goal of a company is to maximize its profits without paying too much attention to the ethic problem. As for me, to some extent, I agree with this perspective, because there are many cases or evidence proved it before. I found an article talking about Walmart’s unethical behaviors for continuing to accept the non-safety and unauthorized clothes from banned suppliers in Bangladeshi.
From my perspective, I reckon that Walmart, as a business company, must cover its costs in order to run it well, but they also need to care the serious safety problems of clothes. However, they just think that they should jump out from the bankruptcy dilemma and ignore all the other problems. As a responsible business company, they should explain this situation to the customers and other social groups like NGOs as well. To find excuses for themselves and shift blame is not a reasonable idea for them if they would like to build up their reputations in the long run. The stakeholders such as corporate executives should conduct their business in accordance with their desires, obeying the basic social responsibilities of the society.
The following website address is the document that I mentioned in my article before.
http://business-ethics.com/2013/06/17/1606-walmart-accepted-clothing-from-banned-bangladesh-factories/ (Observation time: 6:34PM Sep 11, 2013)