MBA Education, Business Ethics and the Case for Shareholder Value |
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Authors: | Michael Devaney |
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Institution: | (1) Department of Economics and Finance, Southeast Missouri State University, Cape Girardeau, MO 63701, USA |
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Abstract: | The appropriate MBA curriculum has been debated for nearly a half century. More recently, critics contend that the emphasis
on functional fields in MBA education has incorrectly elevated the importance of shareholder value resulting in unethical
behavior. Although some criticism of MBA programs has merit, shareholder wealth maximization should remain the dominant management
objective because it is relatively easy to implement and generally consistent with the interests of stakeholders. |
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Keywords: | Business schools curriculum Business ethics Shareholder value |
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