ethics. Yet the SEC and other federal agencies provide rules, regulations, and
laws surrounding corporate governance. How effective are the legal processes in
regulating corporate governance? Provide an example.
Several laws, most recently Sarbanes-Oxley, have provided
provisions requiring high ranking officials to certify that they have acted
ethically in corporate governance and financial reporting. How effective are
such laws in protecting the public? Please cite specific examples.
Executive officers within an organization will often feel
compelled and tempted to emphasize short term results — net income for the
current year — over long term success and company survival. Why would they be
so inclined and what are the ethical implications of overemphasizing short-term
results over long term success and solvency?
What are the ethical implications of the Microsoft corporate
governance systems? How could Microsoft improve corporate governance?
