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).
- 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?
- 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.
Explanation & Answer
Running head: BUSINESS ETHICS
Executive compensation is different from the normal pay packages; it is heavily dependent
on the results of the organization. For instance, if the organization is not doing well the executive
compensation will be really minimal but if the organization is doing well then the compensation
goes up. In most cases, executive compensations become unethical where some of the employees
are been favored more than the others. Executive compensation also results in employees behaving
in an unethical manner in order to be able to get high compensation. If the bonuses are high the
employees may be tempted to engage in fraud so as to make sure it remains the same. An...