What are the ethical responsibilities of corporate management?

Corporate management has ethical responsibilities to ensure their decisions are in line with moral principles and lead to a just outcome. In New Hampshire, corporate management must adhere to the local and state laws governing their business. Additionally, they must comply with federal and international laws as applicable. The primary ethical responsibility of corporate management starts with the board of directors. These individuals are responsible for setting the goals for the business and developing strategies to achieve them. They must ensure that their decisions consider the impact on the shareholders, employees, customers, suppliers, and the local community. Management must also be aware of their impact on the environment. This includes minimizing waste and damage to the environment through their operations. They must also respect the rights of their employees and ensure they are treated fairly. Additionally, management should be transparent in their decision making and ensure they are acting with integrity. Ultimately, corporate managers have a responsibility to act in a socially responsible manner and ensure their decisions benefit the local community and environment. They should be aware of the moral implications of their decisions and seek to create an equitable outcome for all stakeholders. Additionally, they must be aware of their ethical obligations and comply with all applicable laws.

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What are the ethical responsibilities of corporate management?

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