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Ethics In Financial Responsibilities

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This assignment, a reflection paper, provides the opportunity to summarize ethics in financial responsibilities and to evaluate ethical considerations of executive compensation. Write a 500-word paper by addressing the following questions:

Do you think executive compensation in its various parts (i.e., salary. stock options, severance packages) funded at the current levels in 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?

Is the Sarbanes-Oxley Act too strict, not strict enough, or just right? Explain?

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Solution Summary

The ethics In financial responsibilities are examined. The expert determines how executive compensation in various parts funded the current levels unethically.

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Do you think in its various parts (i.e., salary. stock options, severance packages) funded at the current levels in 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 in executive compensation ? If so, in what manner?

There is a difference between economically sound compensation and moral compensation. The question whether it is unethical for CEO's to receive 400 times more in pay than what their employees receive in pay is not as simplistic as it may appear. The free market in a capitalistic society governs how much pay CEOs receive despite the fact that the gap between what leaders receive in pay and what employees' receive being wider than any ...

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