Purchase Solution

Legal and Ethical Issues and Their Effects on the Performance Management System

Not what you're looking for?

Ask Custom Question

Examine at least three (3) key legal and ethical issues that could potentially impact the performance management system. Support your response with specific examples of the identified issues' possible effects on the performance management system. Please give reference of your work

Purchase this Solution

Solution Summary

Answered in 343 words. Three key legal and ethical issues are discussed and an example of possible effects on the performance management system are provided. Six sources are cited.

Solution Preview

The first issue is insider trading. Insider trading encompasses both legal and illegal conduct. When corporate insiders such as executives or employees buy or sell the stock in their companies, they must report their trades to the SEC. This is legal as long as the trading does not occur in breach of a fiduciary responsibility, trust or confidence while the executive or employee is in possession of non-public information about the stock. For example, insider trading can potentially impact the performance management system since executives may tolerate poor corporate performance if they believe they can profit from it.

The second ...

Solution provided by:
Education
  • MSc, California State Polytechnic University, Pomona
  • MBA, University of California, Riverside
  • BSc, California State Polytechnic University, Pomona
  • BSc, California State Polytechnic University, Pomona
Recent Feedback
  • "Excellent work. Well explained."
  • "Can you kindly take a look at 647530 and 647531. Thanks"
  • "Thank you so very much. This is very well done and presented. I certainly appreciate your hard work. I am a novice at statistics and it is nice to know there are those out there who really do understand. Thanks again for an excellent posting. SPJ"
  • "GREAT JOB!!!"
  • "Hello, thank you for your answer for my probability question. However, I think you interpreted the second and third question differently than was meant, as the assumption still stands that a person still independently ranks the n options first. The probability I am after is the probability that this independently determined ranking then is equal to one of the p fixed rankings. Similarly for the third question, where the x people choose their ranking independently, and then I want the probability that for x people this is equal to one particular ranking. I was wondering if you could help me with this. "
Purchase this Solution


Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Motivation

This tests some key elements of major motivation theories.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Basics of corporate finance

These questions will test you on your knowledge of finance.