Discussion 1
Week 1: Assignment Template
Your name: Click or tap here to enter text.
Date: Click or tap here to enter text.
Directions: Choose your topic from the List of Wikipedia Stub Articles . You may choose any one of the listed topics that you find interesting. Complete the all parts of this template, then save it to your computer with a new file name. Don’t forget to upload it to Waypoint for grading.
State the title of the Wikipedia stub article you would like to expand:
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The golden parachute |
Explain what interests you about this stub article:
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it is identified as the agreement between a company and upper executive employee concerning the award of significant benefits if their employment is terminated. The awards take the form of severance payouts, bonuses, stocks or other benefits. In most of the agreements, the benefits are to be offered if employment termination is due to corporate acquisition or merger. Thus, it was selected due to the ethical issues associated with the practice.
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Share two additional subtopics that you would like to expand:
Subtopic 1: Business ethics and the golden parachute
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Explain why you chose to explore subtopic 1 |
The business ethics associated with the practice was questioned as the benefits offered to the executive employee seem excessive. The notion is based on the fact that senior management received substantial payouts after the acquisition or merger of companies. Additionally, while senior management benefits from the golden parachute other stakeholders are subjected to either layoffs, disrupted relations, or negative externalities. |
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State the first specific question you would like to answer about subtopic 1 |
The reason for the golden parachute to be reserved to executive employees |
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State the second specific question you would like to answer about subtopic 1 |
The initial purpose of implementing the golden parachute policy or practice |
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Share what information you may need to find to answer each of the questions you entered above |
To answer the questions, research on the value and purpose of golden parachutes in large companies will be evaluated. The objective is to understand its role in the company’s leadership strategy. |
Subtopic 2: The impact of the golden parachute on shareholder shares and earnings
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Explain why you chose to explore subtopic 2 |
In the previous section, it was mentioned that golden parachutes impact stakeholder shares, it is noteworthy that the policy also affects their earnings. The executives may not consider the interests of the shareholders |
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State the first specific question you would like to answer about subtopic 2 |
Why the golden parachute is not a good practice for the shareholder’s earnings. |
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State the second specific question you would like to answer about subtopic 2 |
The effects of the golden parachute on managed earnings |
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Share what information you may need to find to answer each of the questions you entered above |
The information that may be needed include an evaluation of the impact of golden parachutes in various companies and their impact on shareholder and managed earnings |
Identify at least three keywords for each subtopic that might help you find the information you need:
Subtopic 1 |
Subtopic 2 |
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1. Business ethics |
1. Golden parachute and shareholders |
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2. Purpose of golden parachute |
2. impact of golden parachutes |
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3. Executive employees and golden parachute |
3. reasoning for golden parachutes |