Equity Corporation provides other firms with funds to expand op?erations.Questions of what is ethical involve the extent to which Equity has

Question

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Ethics and law both impose certain duties on corporations. However, ethics goes beyond the legal requirements and sets forth the moral obligations that a corporation should fulfill to ensure fairness, transparency, and accountability. In the given scenario, Equity Corporation is providing funds to other firms for expansion purposes. While the law may require Equity to comply with regulations related to investing and lending, ethics demands that it also considers the social impact of its decisions, such as the potential risks and benefits to the community, the environment, or the stakeholders. Therefore, Equity has an ethical duty beyond those duties mandated by law.

Equity Corporation Provides Other Firms with Funds to Expand Op?erations