Discussion 1

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ScholarlySource.docx

Week 2: Exploring Scholarly and Popular Sources Template

Your name:

Date: 01 Nov 21

Directions: Complete all parts of this template, then save it to your computer with a new file name. Remember to upload it to Waypoint for grading.

State the two subtopics you are expanding for your Wikipedia stub article:

Subtopic 1

Business ethics and the golden parachute

Subtopic 2

The impact of the golden parachute on shareholder shares and earnings.

Scholarly Source: Identify one scholarly source from the library to support your subtopic(s) and enter its information here:

Provide an APA-formatted reference for this source

Fich, E. M., Tran, A. L., & Walkling, R. A. (2013). On the importance of golden parachutes. Journal of Financial and Quantitative Analysis, 48(6), 1717-1753. https://corporatefinanceinstitute.com/resources/knowledge/deals/golden-parachute/

Briefly describe the main point of the article.

This specific popular article looks at the importance of parachutes to the chief executive officers in specific cases when their future compensation stream that is associated with their jobs is lost. Larger parachutes specifically tend to provide security for such losses that CEOs may undergo. This article specifically looks at this in a way that it seeks to see if parachutes to benefit stakeholders through higher probability of completion. This article therefore concludes that during mergers, parachutes makes CEOs to act in the best interests of their stakeholders, however regulations have been put in place with an aim of controlling this controversy.

Identify three characteristics that indicate the article is scholarly.

1. The article used in this case made researches from other sources and the employed sources are referenced at the end of the article and in text citations are used within the article that help in reducing the possibility of plagiarism

2. The authors who wrote this article are both professionals in their field of specialty and have specifically completed the top most achievement in terms of education when it comes to business related courses

3. This scholarly article uses that standard requirements when it comes to researching on the issue that it is tackling in that the article uses identified methods and approaches that are required for the article to be identified to being scholarly.

Explain what information provided in the article will assist you in expanding on the subtopic(s) you selected

This specific article will be helpful in a way that it will help me to specifically understand the effect that golden parachutes do have on the actions of CEOs and the stakeholders. It will also help me in understanding the golden parachute and the business ethics that are aligned with the same. The article will also help me in identifying the rationale that is used in the process of applying golden parachute in a business setting.

Popular Source: Identify one popular source from an internet search to support your subtopic(s) and enter its information here:

Provide an APA-formatted reference for this source.

Huo, Z., Zhang, J., & Huang, M. (2021). The Motivation and Consequences of Golden Parachute Provisions: A Case Study of TBEA Co., Ltd. China Journal of Accounting Studies, 1-27. https://www.tandfonline.com/doi/abs/10.1080/21697213.2021.1977890

Briefly describe the main point of the article.

The article in this case researches and examines the business impact that golden parachute specifically has on both earnings and shareholders. The article in this case made a case study on a Chinese company whose golden parachute payments were considered to being more than 1000 times the annual salary that the executives earned. From looking at this case, the findings helped in understanding the impact that this has on both the shareholders and the earnings of a company that’s adopting this.

Identify three characteristics that indicate the article is popular.

1. This article has also been cited by many authors from the statistics shown in the site where the same is gotten from.

2. This is also gotten from a .com website.

3. From the site where this article is gotten, statistics shows that there have been more than 2000 searches on this article per second

Explain what information provided in the article will assist you in expanding on the subtopic(s) you selected.

The information gotten specifically from this source will help me in the process of identifying way in which the impact of golden parachute can be reduced in an organization. For example the article gives specific information on how GP can be reduced by looking at specific areas in a company such as the market reaction that is there to the rescinding of GP, firm value and other factors.