regulation of Business Ethics in The Workplace and Marketplace Discussion
Q1). Corporate Welfare
Read the opening vignette at the beginning of Chapter 10 on giving large corporations government assistance (i.e. corporate welfare). (pg 173 5th Edition).
Discuss the following questions with your group:
1.1 Is it appropriate for governments to lend money to corporations?
1.2 Do corporations have a responsibility to repay loans?
1.3 Is it fair that students are pursued by governments to repay their loans while corporations fail to repay theirs?
1.4 Should governments have more or less involvement in business affairs?
For more on this topic, see the following links on Corporate Welfare, Government Loans/Bailouts:
Beeby, Dean. (2018, June 26). Federal government quietly writes-off loan-but wont reveal sum or say who got it. CBC News. Retrieved from https://www.cbc.ca/news/politics/loans-canada-account-finance-auto-sector-bailout-2009-gm-chrysler-1.4722529
Government of Canada. (2018, June 22). Helping Small Businesses Get Loans. Government of Canada. Retrieved from https://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/h_la02855.html
Market Business News. (2018). What is a bailout? Reasons why companies are bailed out. Market Business News. Retrieved from https://marketbusinessnews.com/financial-glossary/bailout/