each week about a half page.

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week_9.docx

Week 9

· Go to the Wall Street Journal’s Website and read the article titled, “The Case Against Corporate Social Responsibility,” located in Week 9 of the course shell. You may view the original article at http://online.wsj.com/news/articles/SB10001424052748703338004575230112664504890. Next, compare and contrast this author’s views against Michael Porters’ views expressed in the Strategy in Action 12.1 vignette, “Michael Porter on Creating Shared Value” (page 367). Determine which view(s) you support, from both a consumer’s perspective and a CEO’s perspective. Justify your response.

· From the case study, using the industry- and resource-based views of strategy, compare and contrast Whole Foods’ conscious capitalism concept to Corporate Social Responsibility (CSR). Next, determine whether or not you believe Whole Foods’ conscious capitalism is consistent with CSR. Provide a rationale for your response.

Week 10

· Analyze the pros and cons of a corporation having outside board of directors. Next, determine the proportion (i.e., minority, majority, or equal representation) that the outside board members should represent in the board. Justify your response.

· Go to Bloomberg’s Website, and read the article titled, “CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law,” located in Week 10 of the course shell. You may view the original article at http://www.bloomberg.com/news/2013-04-30/ceo-pay-1-795-to-1-multiple-of-workers-skirts-law-as-sec-delays.html#disqus_thread. Considering the Board of Directors (BoD) as an intermediary between the managers and the owners, determine whether or not the BoD is acting ethically and legally in controlling CEO compensation. Next, suggest one (1) method for determining a reasonable compensation rate for the CEO of a company. Suggest two (2) changes that need to happen in corporate governance in order to control excessive CEO compensation.