(1) Why are some shareholder activists pressuringcorporations to increase the number of board seatsheld by women and minorities? (2) Why do manycorporations now divide board chair and CEOresponsibilities between two people?
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(1) Why are some shareholder activists pressuring
corporations to increase the number of board seats
held by women and minorities? (2) Why do many
corporations now divide board chair and CEO
responsibilities between two people?
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Solved in 2 steps
- What does it mean to say that managers should maximize shareholder wealth "subject to ethical constraints"? What ethical considerations might enter into decisions that result in cash flow and stock price effects that are less than they might otherwise have been? The Securities Exchange Act of 1934 limits, but does not prohibit, corporate insiders from trading in their own firm's shares. What ethical issues might arise when a corporate insider wants to buy or sell shares in the firm where he or she works?Explain stakeholder theory. How can stakeholder theory be reconciled with a theory that says a firm’s sole purpose is to maximize shareholder wealth? (Max 100 words)1. What are the primary differences between a bottom-line management approach and a triple-bottom-line management approach? 2. Why do you think corporations would want to shift to the triple-bottom-line approach in today’s business environment?
- What are some strategic reasons why a board of directors should not be all male, all female, or all whites, or all minorities ?Choose one(1) Person/Individual that owns more than two(2) companies. Enumerate all his/her companies. Then, give the information as to how did he/she had all of those companies.Also, search as to how did he/she managed to make his/her companies strive even up to date. Associate it with what characteristics does that person have to be able to become an effective leader and a successful business owner. Lastly, give your own thoughts and opinions about your paper. Does the person needed more ideas to have to become a better leader and business owner or is that person worth following as an inspiration for success?Bethany Brown was elated when she learned that, by popular vote of other members of her professional health care society, she was elected to its board of directors at the national level. It had been a long road to navigate. Since she had become a member of the society nearly twenty years earlier, she had held several positions on the executive committee of the association at the state level and had volunteered extensively with the national association. Over the years she had never refused to lend a helping hand, even if the committee assignment was more work horse than show horse. She had contributed her energies and talents to the association because she agreed with its mission and value statements and felt that it had done a respectable job in meeting what she later termed the needs, wants, desires, expectations, and demands of its nearly 50,000 state, national and international members. She could clearly recall her graduate studies adviser, and major professor, insisting that all…
- 1. If your company does business with your relative, there is a conflict of interest: A. Only if you personally benefit B. There is no conflict if your boss says it's acceptable for you to benefit C. If the company finds out you are related to the vendor D. None of these 2. When we describe an individual or group of individuals, we are: A. Stereotyping B. Gossiping C. Labeling D. All of these E. None of these 3. The only power that an individual cannot increase themselves is: A. Reward power B. Legitimate power C. Charismatic power D. Information powerPlease no written by hand solution According to an opinion column in the Wall Street Journal, "Directors need to be held more accountable when they fail to set the proper tone at the top, and right now there is almost no consequence for most governance failures."Source: Ronald Barusch, "CBS and the Need to Hold Directors Accountable," Wall Street Journal, September 16, 2018. Part 2 a. What is the key principalagent problem that exists in some corporations? A. The firm's top managementthe agentsmay pursue their own interests rather than the interests of the firm's customersthe principal. B. The firm's top managementthe principalmay pursue their own interests rather than the interests of its workersthe agents. C. The firm's top managementthe agentsmay pursue their own interests rather than the interests of its shareholdersthe principal. D. The firm's shareholdersthe principalmay pursue their own interests rather than the interests of the firm's top managementthe agents.…Consider the situation at Hewlett-Packard from a multiple stakeholder perspective. Imagine you are an ethical leaderin each instance….a. a CEO faced with leaks regarding your strategic vision.a. Briefly discuss four approaches your group would take to determine who was sharing theinformation.b. Describe an advantage and a disadvantage of one of your proposed approaches
- INSTRUCTIONS Consider the situation at Hewlett-Packard from a multiple stakeholder perspective. Imagine you are an ethical leader in each instance…. A CEO faced with leaks regarding your strategic vision. Briefly discuss four approaches your group would take to determine who was sharing the information. Describe an advantage and a disadvantage of one of your proposed approaches. How would you rebuild trust and enable good employee communication? A shareholder with HP stock. What would you want to see done to protect your investment in the company? An investigator hired by HP. What role do you have in upholding ethical standards? A board member who was spied upon. What would your reaction be to learning that you were investigated? Justify your response. As several observers have noted, HP spent a lot of time establishing whether or not their activities were technically legal but little time considering whether or not their actions were ethical. Briefly explain whether your group…The SituationYou work for a growing company, which thus far has operated only in the United States and Canada. Its board has just approve a plan to expand operations in two locations in the world whose local populations are overwhelmingly Hindu. The company management knows nothing about Hinduism, except perhaps for a few stereotypes. The company plans to hire most of its staff locally, so it needs basic information about Hinduism so that it can conduct advertising, human resources, and other aspects of its operations without offending cultural sensibilities.Your TaskYou work in the accounting department, but because you have a degree in religious studies, the companyâs management has asked you to prepare a brief report on certain aspects of Hinduism. It will use your report as the basis for determining a plan for further study. Your report, therefore, should be clear and specific about religion However, it need not and should not concern itself with details about how…Oscar Munoz started as United’s CEO in 2015, by March 2017 named “Communicator of the Year” by PRWeek. Unfortunately, he fell from grace a month later due to United’s botched response to a flight-related incident.106 SUNDAY, APRIL 9: CHAOS ON FLIGHT 3411 A fully booked United flight 3411 was preparing to depart from Chicago to Louisville when gate agents realized that four airline crew members needed to get to Louisville. The gate agents asked for four volunteers to give up their seats in return for compensation. No one accepted United’s offer because the flight was the last one to Louisville that evening. United then decided to enact an “involuntary de-boarding situation,” in which four random passengers were directed to deplane. Three of the passengers deplaned without incident. The fourth, Dr. David Dao, refused, saying “I can’t get off the plane. I have to get home. I’m a doctor. I have to get to the hospital in the morning,” according to The Sentinel News.107 United employees…