ABSTRACT
Given their size and economic power, business organizations have an impact on all other institutions of society above and beyond their economic spheres. However, corporate strategic behavior is not only a matter for the particular corporation, but also for society (Wood, 1991); and conflicts between managerial visions and objectives, on the one hand, and stakeholder interests, on the other, are often crystallized in times of recession and economic decline. This article addresses such ethical dimensions of strategic management.
