Accounting, Payroll & Pension Issues/Profit
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Question
Hi I am doing a research and need you opinion regarding the following issue
Is It wise for a decision maker to take into account more than profit when making decisions that have a significant social impact.
Thanks
A company needs to consider all stakeholders when making a decision.
Profit is first and foremost. But if other social conditions are overlooked it could seriously effect profits in the long term.
Look at most major corporations and they will be touting how good of a corporate citizen they are.
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Accounting, Payroll & Pension Issues
Answers by Expert:
Ed McFarland
Expertise
Over 20 years of experience as a CFO, Controller and now Consultant to small businesses. Dealt with 401k, 403b, deferred comp plans, key man issues, disablity, business continuation plans, HSA plans and other benefit issues.
Experience
Management experience in Financial Services, Manufacturing, Media, Logistics. Taught graduate and undergraduate business courses.
Education/Credentials
MBA
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