Do small businesses and  privately held companies have ethical duties

Your  initial discussion thread is due on Day 3 (Thursday) and you have until  Day 7 (Monday) to respond to your classmates. Your grade will reflect  both the quality of your initial post and the depth of your responses.  Refer to the Discussion Forum Grading Rubric under the Settings icon  above for guidance on how your discussion will be evaluated.

Business Ethics

Read the article Governance in the Spotlight: What the Sarbanes-Oxley Act Means for You.  In this article the author outlines provisions companies are now  required to implement. Consider the requirements imposed by  Sarbanes-Oxley on corporate boards of directors. Do small businesses and  privately held companies have ethical duties? If so, to whom would they  owe this duty? Employees? Customers? Vendors? Should the law impose  ethical requirements on small businesses or privately held companies or  can the marketplace police unethical business behavior? Provide support  to justify your position.

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