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Abstract

According to the Report of the Special Review Committee of the Board of Directors of Gulf Oil Corporation:

Michalos, A.C.: 2005. The loyal agent’s argument. In D.C. Poff (Ed.) Business Ethics in Canada, 4th ed. (pp. 200–206). Toronto: Pearson Canada. © 2005 Alex C. Michalos. Reprinted with permission.

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Notes

  1. 1.

    J.J. McCloy, N.W. Pearson, and B. Matthews, The Great Oil Spill (New York: Chelsea House, 1976), p. 31.

  2. 2.

    Ibid., p. 13.

  3. 3.

    R. Powell, The Law of Agency (London: Sir Isaac Pitman and Sons, Ltd., 1965), p. 7.

  4. 4.

    W. Goodman, “Stocks Without Sin,” Minneapolis Star and Tribune Co., Inc. Reprinted in R. Baum (ed.), Ethical Arguments for Analysis (New York: Holt, Rinehart and Winston, 1975), p. 206.

  5. 5.

    M. Friedman, “The Social Responsibility of Business Is to Increase Its Profits,” see p. 18ff. of this book.

  6. 6.

    Powell, The Law of Agency, p. 312.

  7. 7.

    Section 387 as quoted in P.I. Blumberg. “Corporate Responsibility and the Employee’s Duty of Loyalty and Obedience: A Preliminary Inquiry,” The Corporate Dilemma, D. Votaw and S.P. Sethi (eds.) (Englewood Cliffs, NJ: Prentice-Hall, Inc., 1973), p. 87.

  8. 8.

    J.E. Smyth and D.A. Soberman, The Law and Business Administration in Canada (Toronto: Prentice-Hall of Canada, Ltd., 1968), p. 360.

  9. 9.

    Section 385 as quoted in Blumberg, “Corporate Responsibility,” p. 86.

  10. 10.

    Ibid.

  11. 11.

    Powell, The Law of Agency, p. 302.

  12. 12.

    Ibid., p. 303.

  13. 13.

    Ibid., p. 321.

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Michalos, A.C. (2017). The Loyal Agent’s Argument. In: How Good Policies and Business Ethics Enhance Good Quality of Life. Springer, Cham. https://doi.org/10.1007/978-3-319-50724-8_6

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