Define principal-principal (PP) conflicts. What are the implications for corporate governance?
Answer to relevant QuestionsMcDonald’s Corporation, the world’s largest fast-food restaurant chain, with 2010 revenues of $28 billion, has recently been on a “roll.” Its shareholder value rose over 50% from May 2010 to May 2013. Using the ...Rules and regulations can help reduce unethical behavior in organizations. To be effective, however, what other systems, mechanisms, and processes are necessary? What are some of the key attributes of effective groups? Ineffective groups? If a firm has a divisional structure and places extreme pressures on its divisional executives to meet short-term profitability goals (e.g., quarterly income), could this raise some ethical considerations? Why? Why not? What are some of the important mechanisms for promoting ethics in a firm?
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