Intro:
Write a 3 page, APA formatted paper, addressing these areas:
1. Impediments to Wealth Maximization:
One impediment to wealth maximization mentioned in this class was the agency problem. Identify and describe two agency costs and how they impact employees and their benefit compensation package. Include two outside sources to support your ideas.
2. Socially Responsible Corporate Behavior:
In this section of the paper, research corporate social responsibility (CSR). Define and describe corporate social responsibility and the impact to customers, employees, investors, environment, and financial strength. Include two outside sources to support your definition and CSR’s impact.
3. Ethical Considerations:
a. In this section, research a company that has behaved unethically in terms of corporate social behavior. Explain how they behaved unethically and why they acted accordingly. Describe how their financial strength was impacted by this behavior. Provide a link to the company’s Annual Report that indicates the impact to their financial strength (APA in-text citation leading to a link in the “references” section).
b. Research a company that has exemplified ethical behavior and describe how they illustrated ethical behavior and corporate social responsibility. Reflect on their behavior and include your opinion if their financial strength was impacted by their actions and behavior. Provide a link to the company’s Annual Report that indicates the impact to their financial strength (APA format as well).
This paper should be 3 pages in length, Times New Roman 12-point font, and proper APA format.
Rubric:
The paper provides a comprehensive and accurate descriiption
of two agency costs mentioned in the competency and how
they impact employees and their benefit compensation
package.
The paper provides a comprehensive and accurate definition and descriiption of corporate social responsibility and the impact to customers, employees, investors, environment, and financial strength. This section includes two outside sources to support the definition.
This section of the paper includes a comprehensive and accurate analysis of a company that has exemplified ethical behavior, how that behavior was exemplified, and the impact to the company’s financial strength. Link is provided that shows the financial impact of the ethical behavior.
