Impro Company operates in a province where corporate taxes and workers’ compensation insurance rates have recently doubled. Impro’s president has just assigned you the task of preparing an economic analysis and making a recommendation about whether or not to move the company’s entire operation to New Brunswick. The president is slightly in favour of such a move because New Brunswick is his boyhood home and he also owns a fishing lodge there. You have just completed building your dream house, moved in, and sodded the lawn. Your children are all doing well in school and sports, and they and your spouse want no part of a move to New Brunswick. If the company does move, you will have to as well because the town where you now live is a one-industry community and you and your spouse will have to move to have employment. Moving when everyone else does will cause you to take a big loss on the sale of your house. The same hardships will be suffered by your co-workers, and the town will be devastated.

In gathering the costs of moving versus not moving, you have a lot of freedom in the assumptions you make, the estimates you calculate, and the discount rates and time periods you project. You are in a position to influence the decision in a major way.

Instructions
Answer the following questions:

(a) Who are the stakeholders in this situation?
(b) What are the ethical issues in this situation?
(c) What would you do in this situation?