Profits,Layoffs, and Priorities |
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Authors: | Daniel G Arce Sherry Xin Li |
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Institution: | (1) Lycoming College, Williamsport, PA 17701, USA |
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Abstract: | This study examines the deliberations of professional MBA students when presented with a dilemma that weighs the difference
between commitments to profit- maximization against concerns for fired workers who would need to seek a new job during a recession.
Using content analysis, accounting, economic, and ethically based rationales that differ from the profit-maximizing recommendation
are categorized. Results also show that those who make non-profit-maximizing recommendations consider, but ultimately reject
the profit-maximizing approach to layoffs. |
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Keywords: | |
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