Therefore, there is no shortage of ethical dilemmas involving human resource management. But should managers consider ethics in making decisions, or should managers only concern themselves with maximizing profits? Noted management guru, Drucker (1954, p.388), argued over four decades ago that “what is most important is that management realize that it must consider the impact of every business policy and business action upon society. It has to consider whether the action is likely to promote the public good, to advance the basic beliefs of our society, to contribute to its stability, strength, and harmony.” More recently, Thompson and Strickland (1995, p. 299) argued that “a strong corporate culture founded on ethical principles and sound values is a vital driving force behind continued strategic success.” Even the famous conservative economist, Friedman (1970), who argues that it is the responsibility of management “to conduct the business in accordance with [the desires of the owners of the business], which generally will be to make as much money as possible,” add that this profit maximization is to be done “while conforming to the basic rules of society, both those embodied in law and those embodied in ethical custom.”