BBA4751 Columbia Southern Ethics in Financial Responsibilities Essay

User Generated

XYO171810

Business Finance

BBA4751

Columbia Southern University

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.

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Explanation & Answer

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Running head: BUSINESS ETHICS

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Business Ethics
Name
Course
Tutor
Date

BUSINESS ETHICS

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Business Ethics

Executive compensation
The justifiability or otherwise of executive compensation has been the subject of
protracted debate for time immemorial. Executive compensation encompasses the practice by
firms and organizations, mostly in the private sector, of subjecting their CEOs and other senior
members of their staff to excessive compensation (Crane & Matten, 2016). Either the said
individuals are in the premises awarded with hefty compensation packages as incentives, to lure
them into taking up on offers from the company, or as rewards for the good work, they do. The
same brings up questions on whether the sphere of executive compensation is ethical or
otherwise. Below is a commentary on the ethical standing of the same with an opinionated
com...


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