Description
https://danielsethics.mgt.unm.edu/pdf/lululemon-lifestyle.pdf
- Highlight the weaknesses in corporate governance at lululemon under Dennis Wilson’s leadership.
- Identify at least three ethical issues that lululemon has faced over the last few years under the leadership of Dennis Wilson and Christine Day. Be sure to identify all the stakeholders impacted by such issues.
- Explain the consequences of the ethical issues and laws/standards that are relevant to them, if any. How could Lululemon have handled these issues differently
Focus on the given facts and apply the five forces analysis
no more than three pages, US letter size, double-spaced, 12-point Times New Roman with one-inch margins all around. Do not repeat the questions in your case paper.
if you have trouble accessing the articles let me know
Explanation & Answer
Attached.
Running Head: LULULEMON
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Lululemon
Name
Institution
Course
Date
LULULEMON
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Lululemon has several weaknesses in corporate governance, that first one being their
company board structure. The best practices of corporate governance emphasize on building a
strong board structure and one way of doing this is by constantly reviewing the board mandates
and carrying out performance evaluations (Lipman & Lipman, 2006). Lululemon has failed in
carrying out performance reviews as they were a given a report on how the board of directors can
improve the corporate governance and months down the line no changes have been made.
Election of the board of directors is a role played byshareholders in corporate
governance. Supporters of democracy among shareholders in organizations have advocated for a
switch from the plurality voting system to the majority voting system when it comes to the
election of board of directors in an organization. The reason for this is the fact that under
plurality voting system, candidates who are nominated can vote for themselves and on the other
hand the majority votingsystem ensures that in order for a candidate...
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