“Consumer and Shareholder Protection” Please respond to the following:
- According to the text, recent disclosures of corporate scandals and unethical business practices have heightened the government and society’s attention to exorbitant CEO salaries. Examine the fundamental rationale behind corporations’ decisions to pay executives such high salaries. Based on the discussion case in Chapter 14, judge whether the mandate under Section 951 of the Dodd-Frank Act sufficiently protects stockholders’ rights and interests from been abused by business executives. Justify your response.
- From the e-Activity, give your opinion on whether or not the companies responsible for the product recalls that you researched addressed those recalls in an effective manner. Suggest the manner in which manufacturers, retailers, and consumers should share responsibility for the safe use of the consumer products you researched. Provide a rationale for your response.