Description
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.
Explanation & Answer
Attached.
Running head: BUSINESS ETHICS
1
Business Ethics
Institution Affiliation
Date
BUSINESS ETHICS
2
Executive Compensation
Business ethics refers to norms, principles, and values that an individual or organization
applies in their profession or work. In finance, ethics is not only concerned with the moral
behavior but also the establishment of accurate and timely information. Most 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, and Fried, 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...
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