“The Conflict between Shareholder Value and Social Responsibility: A Modern Dilemma for Business Executives” In the case of Dodge v. Ford Motor Company, the Michigan Supreme Court established the principle of “shareholder value,” stating that the primary

Dodge v. Ford Motor Company, 170 N.W. 668 is a case in which the Michigan Supreme Court held that Henry Ford owed a duty to the shareholders of the Ford Motor Company to operate his business to profit his shareholders, rather than the community as a whole or employees. It is often cited as embodying the principle of “shareholder value” in companies.
The above case is a legal principle that still stands today. This case directly conflicts with the idea that companies should present a social good. In fact, if you do anything to diminishes the value of the company to the shareholders, the shareholders may sue you. If you are an executive in a business, where do you put your priorities? Take into consideration social justice issue and how they impact business in today’s business environment.
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