In the present case a company by the name of G was suffering losses. The company was handed over to a new CEO by the name of JK, who turned around the company in just four years.
The CEO of the company sold the company to another renowned company PG for a substantial amount. The CEO of the company and other people of the companies as well received substantial amount of money. The company also downsized which resulted in job cuts for 6,000 employees.
It was said that the company made profit primarily due to the fluctuation in currencies. The dollar was weak at that time which resulted in more sales abroad and therefore the fortune of the company changed substantially.
There are cases where CEOs sell their companies where they think that they have achieved the desired results. After achieving the results they find it less motivating to continue with the company.
At the same time CEOs also sell their companies in cases where they find a good deal related with the company. In case a company offers substantially more than the market value of a company, the CEOs are often inclined to sell their companies.
The decisions taken by the CEOs could be based on the factors that are not within their control. Factors such as currency fluctuations sometimes increase the market value and revenue of a firm. A CEO could sell the company in case a good offer is made. The selling of the company eventually is beneficial for all the stakeholders.
It does seem unfair to see many employees losing their jobs and the CEOs and other top executives receiving huge amount of money as incentives. But since the executives at the top are the ones who are held for the decisions taken by them, it becomes ethical in case they receive huge amount of money.
At the same time many CEOs of various companies are receiving huge amount of money and there are no laws and rules that is prohibiting such behaviors. Thus, such a trend has become acceptable in the society.
Hiring a law firm would also result into higher cost. There is no need to hire a law firm to review the college's employment record to make sure all employees are legally residing in the US. As the college is small therefore, it is difficult to hire a law firm as that would result in the increase in the college's cost and is liberal in approach.
Therefore, the idea of the Latino's worker should be welcomed to constitute a committee to check the record of legality of the residential proof of the employees.
According to the Mill, a correct decision was one that would maximize overall happiness and minimize overall pain, thereby producing the greatest net benefit. One's goal was to produce the greatest good for the greatest number of people. Therefore, if the study was conducted by the group of medical school on very premature babies to discover the level of oxygen in the baby's incubator then it is for the betterment of the future of babies and would benefit the large segment of the society. The decision of not telling the families enrolled in the study that such type of study would increase their child's risk of blindness or death is not unethical as such study would help in future for the premature babies to survive and according to Mill if by sacrificing the life of few babies in the study would give better results for the large number of people then it is ethical to perform study without telling the parents of the premature babies.
According to the Kant, the results of a decision are not as important as the reason for which it is made. It is important to do right things no matter what the result is. Therefore, according to him, it is highly unethical to conduct such survey or study without telling the families of such premature babies that there is high risk of blindness or death in the study.