Megan is a graduate student pursuing a course in business. Presented with the case of a company's unethical behavior, Megan wonders if the company's board of directors should ask the CEO to step down. Having a strong belief in Michael Porter's idea of value creation, Megan is most likely to conclude that company's board of directors

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Megan is most likely to conclude that company's board of directors should ask the CEO to step down because it has a greater obligation toward society. According to Michael Porter, many public companies have defined value creation too narrowly in terms of financial performance. This implies that a firm's obligations should frequently go beyond the economic responsibility to increase profits, extending to legal, ethical, and philanthropic expectations that society has of the business enterprise.

Megan Is a Graduate Student Pursuing a Course in Business