business ethics unit 7 essay
This assignment provides you with an opportunity to summarize ethics in financial responsibilities and to evaluate ethical considerations of executive compensation by writing a persuasive essay. In your essay, take a position on the following topics, and support it with evidence. Evidence can be facts, statistics, and quotes from scholarly articles, reliable news sources, or even anecdotal examples from personal experience. You may use any of the readings from this course, or you may find new ones to support your position. At least two pieces of evidence should be used (one for each topic).
1. Do you think executive compensation in its various parts (i.e., salary, stock options, severance packages) funded at the current level is unethical? If so, how would you revise the compensation so that it was just? On what basis would you change it? Does the government have a role to play? If so, in what manner?
2. Is the Sarbanes-Oxley Act too strict, not strict enough, or just right? Explain.
Your essay should be at least 500 words in length, double-spaced, and written in Times New Roman, 12-point font.
Use APA Style to format your citations.
Answer PreviewMost companies provide compensation to their executives with the approval of the shareholders. It is unethical for executive compensation to be funded at the current level (Bebchuk, L. A., and Fried, J. M. 2014). This is because the stock price will be a reflection of an executive decision in the past. Thereby, compensation should be vouched for in the long run since the stock price will not only outline current profits but also…
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