Business Law Question

The essay has to be nine pages minimum and the details for the essay are in the pictures.

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6:12
Subject of Paper 1 – Draft Due Wk 4 / Due…
LAW-412-02
Specific Guide to Writing Paper 1
While our studies over the first two weeks of the
course will familiarize you with a basic understanding
of Shareholder and Stakeholder theories of corporate
governance, you will have to undertake a good deal of
independent research to gain a thorough
understanding of the many justifications and defenses
for these theories and alternative theories of
corporate ethics that do not adopt the shareholder or
stakeholder theories.
Google search the following to obtain a detailed
explanation of the characteristics of corporate
governance.
• Shareholder theory
• Stakeholder theory
• Various theories of corporate governance (which
should lead you to other theories that reject in
whole or part the characteristics of Shareholder
and Stakeholder theories)
• Pros and Cons of each of the theories
identified. Articles will advocate or criticize
theories.
This will help you articulate your own theory of
corporate governance that may include some aspects
of one or each of these theories and present an
alternative to purse Shareholder and Stakeholder
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6:12
Subject of Paper 1 – Draft Due Wk 4/Due…
LAW-412-02
Write a paper of not less than nine pages that identifies the
primary justifications underlying shareholder theory and
stakeholder theory. Thereafter, discuss and analyze the
strengths and weaknesses of these competing theories.
Additionally, you may, but are not required to render a
reasoned opinion as to whether you deem the shareholder
theory or stakeholder theory as best addressing how the
corporation can pursue an ethical course of business.
Alternatively, you may reject both theories as the best course of
action and propose a hybrid theory of corporate governance
that you conclude best fulfills the goal of private corporations
acting ethically.
Specific Guide to Writing Paper 1
While our studies over the first two weeks of the
course will familiarize you with a basic understanding
of Shareholder and Stakeholder theories of corporate
governance, you will have to undertake a good deal of
independent research to gain a thorough
understanding of the many justifications and defenses
for these theories and alternative theories of
corporate ethics that do not adopt the shareholder or
stakeholder theories.
Google search the following to obtain a detailed
explanation of the characteristics of corporate
governance.
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Subject of Paper 1 – Draft Due Wk 4 / Due…
LAW-412-02
Opening Paragraph – The opening paragraph provides the
reader with an introduction to what paper is about (corporate
governance and theories) and provides a roadmap to the various
sections of the paper (see examples of a Well-Structured Paper).
For example, you could introduce by talking about frequent stories
on corporate corruption in the last forty years and note there are
varying theories put forward by legal scholars and corporate
executives on what constitutes ethical behavior by a corporation
and mention Stakeholder and Shareholder theories. In other
words, tell the reader you will (1) initially describe Shareholder
and Stakeholder theory and the characteristics of each, (2)
provide the justifications and criticisms of each theory, and (3)
provide an alternative theory of corporate governance that is
distinct from the prior two theories in the furthering of corporate
ethics.
Next Few Paragraphs – Origins and Characteristics of different
theories of corporate ethics. Herein, over many paragraphs, you
will systematically identify the Shareholder theory and its basic
philosophy followed by an identification of Stakeholder theory and
its underlying philosophy.
Next Few Paragraphs – Main justifications offered for each theory
and the criticism of each. In other words, several paragraphs on
the strength and weaknesses of Stakeholder and then
Shareholder theories.
Optional Paragraph – A reasoned paragraph as to why you
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Shareholder theories.
LAW-412-02
Optional Paragraph – A reasoned paragraph as to why you
prefer one or the other of these theories or offer an alternative
theory (another named theory or a version of your own making). If
you do have such a paragraph do not just have a sentence such
as “I prefer Shareholder theory because it is more based on
private ownership of property and relies more heavily on the free-
market system” or “I prefer Stakeholder theory because it is more
sensitive to concerns I have with global warming and pollution.”
Get into much more detail into justifying your explanation.
Closing Paragraph – Tie together the entire paper and
conclusions. Explain why a theory of corporate governance is a
difficult issue. Discuss how throughout much of the second half of
the twentieth century there has been a continuing
controversy between those who believe deeply in the free
market system and the private ownership of property as reflected
in Shareholder theory and those that view the corporation and its
growing powers as a potential threat to many societal interest that
can only act ethically when corporate management does not
pursue maximization of profits, rather considers many interests of
various parties interest in making decisions on the course of the
corporation. What theory or your newly defined theory (a hybrid
of current theories or completely new) you believe to be an
effective way of corporate governance and why including its
characteristics.
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LAW-412-02
This will help you articulate your own theory of
corporate governance that may include some aspects
of one or each of these theories and present an
alternative to purse Shareholder and Stakeholder
theory.
Make sure to collect the links to the sites and copy the
articles you will find that you will want to site in your
paper. Remember you have access as a WCU student
to the electronic legal research system WESTLAW and
can readily find scholarly articles.
Organization: Introduced here are ideas on sections to an
outline that become the various sections of Paper 1.
Opening Paragraph – The opening paragraph provides the
reader with an introduction to what paper is about (corporate
governance and theories) and provides a roadmap to the various
sections of the paper (see examples of a Well-Structured Paper).
For example, you could introduce by talking about frequent stories
on corporate corruption in the last forty years and note there are
varying theories put forward by legal scholars and corporate
executives on what constitutes ethical behavior by a corporation
and mention Stakeholder and Shareholder theories. In other
words, tell the reader you will (1) initially describe Shareholder
and Stakeholder theory and the characteristics of each, (2)
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