Dodge V. Ford Motor Co. Case

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The “revolving door”, criticisms of this practice, the effects on ethical decision-making between top executives government regulatory agencies and private industry, discussed.

Fitzroy Tate

The concept of a "revolving door" refers to governmental affairs. Divergently concerns close relationship between business and government; the practices call into question the integrity of government decisions. This practice concerns the ability of business interests to "capture" the federal government by placing business executives in leadership positions on the very governmental agencies designed to regulate the business interests. This revolving door as referenced by John Feehery (Center for Responsive Politics) is a concept that concerns the integrity …show more content…

From this diversity created from Special Interest Group of different types. They all perused their individual interest and mandate, putting the issue of the particular industry they represent ahead of the greater good of the society. An example of which is Bloomberg Law, (2014), legal position on the Dodge v. Ford Motor Co. case, where as the Dodge motor company wanted to increase the cost of the product and limit the money invested into expansion in order to pay out a larger dividend. While Ford intent was to spread the benefits of the industrialized society to as many people as possible by which he reduced the price the cars $900 to $360 allowing as many to purchase cars. Dodge brought this issue to court but was over ruled as the court does not interfere on business matters as a rule of law. The rule of law expressly upheld that the purpose of a corporation is to make a profit for the shareholders, but a court will not interfere with decisions that come under the business judgment of directors. Dodge took ford to court to advance its special interest, the interest of financing and growing of their own business instead of taking a utilitarian …show more content…

The wealth of company grew and dominated the lives of the people consuming them, in their interaction and the uses of the product and services they provide. This kind of sphere and power manifest social and economic problems that ranged and in size, continuously perpetuated society. The government was further challenged to control, regulate and engages business with trade and commerce, encounters problems such as Homelessness, Immigration, Racism and Prejudice, General Works, Intellectual Freedom/Freedom of Speech/Censorship/Privacy, Poverty and Welfare, Violence, just to name a few. As business growth there social responsibilities take form; people, consumer, special interest intuition and society expect a particular behavior from company’s and its members. When these expectations are not meet coupled with improprietous business dealings, people are upset and business and sometimes held responsible and accountable, for example Bernard “Bernie” Madoff, a former stockbroker, investment advisor, and financier convicted of fraud. He is the former non-executive chairman of the NASDAQ stock market, convicted of operation of a Ponzi scheme that is considered to be the largest financial fraud in U.S. history. The diversity, seperation of institutions, interest groups persuing their own mandate business commitment to make profit , community, consumers, special interest groups, citizens, having expection and causes perpitual reason for business

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