ASSIGNMENT HELP | 1.Do you think executive compensation in its various parts funded at the current level is unethical?

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. | PLACE YOUR ORDER NOW AT writtask.com | 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.

SAMPLE SOLUTION

It is universally perceived, especially both in the business press and academic circles, that CEOs obtain pay packages that are way high to those of other employees- a trend or a practice that is considered to be greedy, immoral and unethical. Specifically, it could be argued that CEOs distort the process of setting their pay packages, allowing them to extract rents and as a result reward themselves with high | PLACE YOUR ORDER NOW AT writtask.com | viewed from the standpoint where the high compensation of CEOs is hedged on their ability which represents an atypical skillset that deserves high pay in the competitive job market. To correct this practice, I would propose a method that lessens the list of suitable performance benchmarks since this would consequently eliminate peer-based and accounting data compensation. Most managers prefer the bonus plans that set goals on the basis of accounting data or the performance of a ‘peer group’ of the organization.  The downside of this plan is clear…