Business Question

Find the word attachment for the details.

one point = one quality sentence rule.

Please remember that Turnitin is enabled so be careful of plagiarism.

80 possible points
Name: ____________________________________________________
Remember the one point = one quality sentence rule.
Part A. The Shareholder Value Myth – Lynn Stout video – (15 points)

The question is based on the Lynn Stout video. You must watch it closely to answer this question.
Dr. Stout makes many points about how the “maximizing shareholder value” principle or mandate in American business
is a new development, is not based in law, and has not yielded positive results for companies. Do you agree? If you are
taking the position you AGREE with here, then take 3 of her points, do some additional research, to support the
arguments she made 5 years ago. For example, you could update her data with current data. You could show what has
happened to a recent company following a “maximizing shareholder value” approach. I’m looking for 3 parts to your
argument that she is right with citations to your sources.
If you choose to take the position she is WRONG and that maximizing shareholder wealth has had positive impacts on
business in America or various STAKEHOLDERS, then make that argument providing 3 points to challenge the points she
makes in the video. Give the citations to your sources to support each point.
You need to discuss your points – do not just list them. This section is worth 15 points so I’m looking for at least 15
quality sentences.
Part B. Discussion related to the Role of Regulations and Ethical Business Conduct (15 points)
Background. Generally, when there is a crisis, lawmakers do what they have power to do – pass a law or adopt
a regulation. However, through time, the amount of regulations ebbs and flows. If you look at the Powerpoints
provided on the various “ethics” laws or laws that impact business conduct, you’ll see that there were a lot of
regulations which occurred in the 1960s/70s. Then when President Reagan was elected in the 1980s, we
entered a major period of deregulation. During the 1990s, we had a few additional laws passed but nothing
like the period of time in the 1970s. Most recently, we have again had a period of time of de-regulation. Many
predict we will have the return to more laws/regulations but time will tell. I am providing you with two articles
about the pros/cons of regulations on business. Read them quickly to get the gist of the articles.
https://regproject.org/paper/government-regulation-the-good-the-bad-the-ugly/
https://www.cnbc.com/2016/12/16/4-reasons-some-small-businesses-owners-are-actually-gratefulfor-regulation.html
You may also Google to find other articles if you are interested in this topic or to help you answer the chosen
question.
Questions. Remember to provide a good discussion as this part is worth 15 points.
Answer either a. or b.
a. What role do you believe regulations play in steering the behavior of business? Explain. If you believe
they play a role, explain. Pick an industry for which regulations are very important and discuss.
b. What role do you believe regulations play in steering the behavior of business? Explain. If you believe
regulations DO NOT steer ethical business conduct, then explain your point of view. What then steers
ethical behavior? Explain.
Part C. Power of Multi-National Corporations (35 total points)
Recall our discussion of multi-national corporations and why we talk about MNCs in an ethics class. Focus on
one of the larger technology platforms that exist across the globe (ex. TikTok, Meta/Facebook, What’s App,
etc.).
Selected Social Media Company: ___________________________________________
Conduct some research and give your sources to answer the following questions.
1. What are 3 current practices/actions/decisions this company has made recently that many believe are
“unethical.” (6 points)
2. Pick one of the above and discuss it in more detail. Explain why this practice/action/decision is
unethical. (8 points)
3. Who is impact by this “unethical” practice/action/decision? Discuss the impact on at least 3 different
STAKEHOLDERS. Refer to the powerpoint about STAKEHOLDERS to be reminded of what this means.
This is different than SHAREHOLDERS. (6 points)
4. Pick one country in which this unethical action is impacting STAKEHOLDERS. What is the government in
that country doing to impact the unethical behavior of the social media company? Be specific. Or if
your research is not finding any action being taken by the government, what are actions the
government could take to impact the behavior of the social media company? (10 points)
5. Is the action taken by the government likely to have an impact on the social media company? Will the
social media company do what the government wants? Why or why not? (5 points)
Part D. Electronic Privacy Information Center (15 points)
https://epic.org/privacy/
Explore the information and resources you find at the above link. Look around the site until you find
something that interests you here. Tell me about what you found and why it is of interest to you. Again,
remember to discuss your answer with at least 20 quality sentences. If you are struggling to write enough,
then tell me about 2 different topics that interest you and why.