188k views
2 votes
Is it ethical for u.s. regulations to put u.s. companies at an apparent disadvantage to their foreign competitors? explain why or why not?

1 Answer

4 votes
Universal ethic can be define as actions that are taken out of duty and obligation to a purely moral ideal rather than based on the needs of the situation, since the universal principles are seen to apply to everyone, everywhere, all the time. Based on the universal ethic, we feel that it is ethical forU.S. regulation to put U.S. companies at an apparent disadvantage to their foreign competitors because in a competitive market, all the companies have to face to a fair competition. U.S. regulation should not hide the disadvantages of its own nation company and try to protect their interest.In contrast, U.S. regulation should disclose all the disadvantages to every stakeholder especially investors because with the transparency of a company’s financial statement, the investor just can make a right decision whether to invest in that company. To solve the ethical dilemma, trust versus loyalty element should be consider. Instead of continue protecting U.S. companies, U.S.
User Bxdoan
by
7.4k points