Business and Society

you must provide in text citations to go with your references. You can use your text book for 1 reference and then you need to use other scholarly sources. If you use a source from the web and it may not be scholarly, that is Ok but you still need to provide the required amount of scholarly resources. Note, Wiki is not allowed. Must be APA guidelines, correct grammar, 2 references. Reference goes after each question please. This is the book we are using:

Business and Society

A Strategic Approach to

Social Responsibility & Ethics

Fifth Edition

O.C. Ferrell University of New Mexico

Debbie Thorne, Texas State University

Linda Ferrell, University of New Mexico

cite and reference

1. What reaction, if any, should the government take regarding executive compensation? One example $3.6 billion in bonuses Merrill Lynch executives received shortly before the merger with Bank of America. This story has two sides â nothing in their contract prevented the distribution of the âearnedâ bonuses but the payment was rushed through before the merger. Also, bear in mind that this was after the U.S. Government stepped in and rescued the company to prevent it from going into bankruptcy. So these executives walked away with the âgolden parachuteâ after tanking Merrill Lynch and forcing the government to spend billions to protect our economy. (Word count 150)

2. In a narrative format, discuss the key facts and critical issues presented in the case. Examine the existence of both cooperation and conflict between the government and AIG in 2008(word count 250).

3. What role does corporate culture play in risk-taking and accountability? What about executive compensation? What other factors play a role in the accountability issues of AIG? (word Count 250)

4. Compare the costs and benefits of regulation. In your opinion, do the benefits outweigh the costs or do the costs outweigh the benefits. What are the advantages and disadvantages of deregulation. (Word Count 260)