The best (but not the only) example of a corporation acting immorally to maximize shareholder value is Ford.
Prior to the release of the Ford Pinto, Ford's managers were fully aware of a design flaw in the Ford Pinto. As most people know, the gas tank on the car made the car explode in a ball of flames if it was involved in a rear end collision.
Ford's management compared the costs of a redesign to the costs associated with wrongful death lawsuits resulting from this design flaw. It was cheaper for them to pay the wrongful death lawsuits, so that's the decision that was made. It's very clear that this decision was made in an effort to maximize shareholder value, and did not take ethics into consideration whatsoever.
More information on this topic at the link below (Link is "Let Me Duck Duck Go That For You, since DDG is the primary topic of this thread):
Prior to the release of the Ford Pinto, Ford's managers were fully aware of a design flaw in the Ford Pinto. As most people know, the gas tank on the car made the car explode in a ball of flames if it was involved in a rear end collision.
Ford's management compared the costs of a redesign to the costs associated with wrongful death lawsuits resulting from this design flaw. It was cheaper for them to pay the wrongful death lawsuits, so that's the decision that was made. It's very clear that this decision was made in an effort to maximize shareholder value, and did not take ethics into consideration whatsoever.
More information on this topic at the link below (Link is "Let Me Duck Duck Go That For You, since DDG is the primary topic of this thread):
http://lmddgtfy.com/?q=ford+pinto+lawsuits