Reference no: EM131031620
Ethics & Corporate Governance
(I need help explaining the following and/or demonstrating it for my upcoming exam if anyone could help me comprehend the concepts I would greatly appreciate it!!)
Explain the conflict between ethical action and wealth maximization in the short-term
Explain why ethical action can lead to long-term wealth maximization
Explain why there is no such thing as absolute rights or wrongs when arriving at an ethical framework
Describe the consequences of acting unethically for the individual, the firm, and society
Describe what an ethical decision-making framework is and why financial professionals should have one
Describe the hierarchy of corporate governance, starting w/ stockholders and moving down to employees
Explain the difference between corporate governance and management
Explain the principal-agent problem and how it applies to corporate governance
Explain the relationship between a company and ALL stakeholders (customers, community, stockholders) Describe sustainability within an ethical and corporate governance context
Describe each of the four pillars of corporate governance
Describe the ideal characteristics of an effective, independent board member
Describe why corporate boards are often not as independent as they should be
Describe the key aspects of a well-governed board of directors
Describe the conflict of interest that often arises when the CEO and Board Chairman are the same person
Relate ethical behavior at the board and executive level to ethical behavior at the employee level
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Federal courts have exclusive jurisdiction over cases
: Federal courts have exclusive jurisdiction over cases involving: Although states are free to develop their own procedural rules, many have adopted: A writ of certiorari directs a lower court to send up the record of a case for review by the Supreme C..
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What is the length of an order cycle
: A product used in a laboratory of the hospital costs $ 60 to order, and its carrying cost per item per week is one cent. Demand for the item is six hundred units weekly. The lead time is three weeks and the purchase price is $ 0.60. What is the econo..
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Which the defendant admits or denies the allegations
: The defendant’s reply to the complaint, in which the defendant admits or denies the allegations, is known as: Any one member of the Supreme Court can accept a case for the Court to hear. When filing a lawsuit, the party bringing the suit must select ..
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Chooses the maximin criterion and minimax regret criterion
: Jeff Parks Sells Newspapers on Sunday Mornings in an area surrounded by three busy churches. Assume that Jeff's demand can either be for 100, 200, or 300 newspapers, dpending on traffic and weather. How many papers should Jeff order if he chooses the..
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Ethics and corporate governance
: Explain the conflict between ethical action and wealth maximization in the short-term. Explain why ethical action can lead to long-term wealth maximization. Explain why there is no such thing as absolute rights or wrongs when arriving at an ethical f..
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There are six basic limitations to information systems
: There are six basic limitations to information systems. Discuss the different limitations, and how important are these barriers to overcome in putting an information system in place.
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Forecast-budget and control-explain the breakdown
: Forecast, Budget, and Control: The purpose of this is to assess your ability to: Evaluate the strategies for different stages of demand you may face. Identify a business market you would like to begin. My Business Market = Private Medical Practice. E..
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How would you reposition product in customers mind increase
: Describe a product you like that you believe more people should purchase. As a marketer, how would you reposition the product in the customer’s mind to increase its purchase? Outline your strategy. Create a new tagline for this product.
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Performance management system have prevented this lawsuit
: Wal-Mart Class Action This week’s lecture talked about the class action lawsuit against Wal-Mart. Discuss the following questions: Identify what the legal basis is for the case against Wal-Mart. Explain what Wal-Mart’s legal defense is. How could Wal..
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