FROM THE BOQ: BUSINESS, POLITICS AND ETHICS #83

Another question from Gregory Stock’s book is this:

If, to escape financial ruin, your company were reorganized and you were let go, what severance pay would you feel entitled to?

If my company faced certain financial ruin, I would simply sell it.

There is no way I would hold on to a company, only to allow it to be reorganized and controlled by someone else.  Because I would still be responsible for what ethical violations might transpire under the new leadership.

There is a saying:

The devil you know is better than the devil you don’t know.

As a business owner in control of my business, I would know myself.

But as the owner of a business controlled by someone else, I wouldn’t know him or her.

The devil you know (yourself) is better than the devil you don’t know (someone else).

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