Question

All three of the CEOs in the case were given large severance packages. What message does...

All three of the CEOs in the case were given large severance packages. What message does this send to future CEOs of these companies? If you were on the board of directors, would you endorse such severance packages? What is the cost of not granting a competitive severance package?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The severance packages is well deserving for these CEO’s and should not bemisinterpreted in any way. I believe that though they were guilty of misbehaviour, these officials did notexactly break any rules. Therefore the companies would have a lawsuit to battlewith probably which could get messy and create very bad image for thecompany at large if not handled properly. These officials also worked really hardand achieve amazing things for their respective companies and that should beconsidered when evaluating the value of the packages.

If you think this helped do give a thumbs up else share your queries in comment section .

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Read Case 8.1, "The (Mis) Behavior of Successful CEOs Leads to Their Departure," and answer the...
Read Case 8.1, "The (Mis) Behavior of Successful CEOs Leads to Their Departure," and answer the following questions: Chief Executive Officers (CEOs) are responsible for the overall direction and performance of their organizations. Arguably, no one in a firm has a greater impact or accountability than its CEO and with very few exceptions, the road to CEO is a long one. A career-long vetting process is intended to allow only the most talented managers to rise to the top. While...
What if surveys were given to all visitors (as many as we could) on three days...
What if surveys were given to all visitors (as many as we could) on three days of the week, including one weekday asking if they would zip-line if it were available. The owner thinks that at least 40% would like to do that. If at least 40% say yes, then the resort will likely be profitable, the owner believes. In asking 1000 tourists over those three days, 320 indicated such an interest. If we assume a standard deviation of 75...
On the Edge Oracle and PeopleSoft Oracle Corporation makes extremely complicated and large customized software programs...
On the Edge Oracle and PeopleSoft Oracle Corporation makes extremely complicated and large customized software programs that can support thousands of simultaneous users and that are capable of administering the personnel records and financial records of very large businesses (called enterprise software). PeopleSoft and SAP were the only two other major competitors making such massive enterprise software. Oracle held 18 percent of the market in customized software capable of handling the personnel records of very large businesses, SAP held 29...
Suppose a large number of Martians came to earth and volunteered to do all the teaching...
Suppose a large number of Martians came to earth and volunteered to do all the teaching at universities. Suppose they agreed to do this forever, they do a great job, and they are an overall improvement. Suppose also that the labour market for univeristy professor is perfectly competitive. a. Would the marginal unvieristy professor who just lost his job be worse off? Explain. b. Would the intra-marginal unvieristy professor (the one who earns a rent) who just lost his job...
Select the statement that is untrue. The following factors in ASIC v Adler were taken into...
Select the statement that is untrue. The following factors in ASIC v Adler were taken into account when the court disqualified him as a director: a.Loss suffered by the shareholders. b.Dishonest conduct; c.Abuse of trust; d.His negotiation skills as a director; e.Loss suffered by the company; 1 points   QUESTION 2 Select the statement that is untrue. Remedies for breach of fiduciary duty are: a.Recission of contract. b.Constructive trust; c.Account for profits; d.Equitable compensation; e.Dejunction; 1 points   QUESTION 3 Are directors...
Please read the case (Medical Supplies for Banjul) description carefully, sketch an appropriate spreadsheet on paper,...
Please read the case (Medical Supplies for Banjul) description carefully, sketch an appropriate spreadsheet on paper, and then build and test a prototype model on excel. The purpose of the model is specified in the question. MEDICAL SUPPLIES FOR BANJUL You are the team leader of a unit of a U.S. nonprofit organization based in Banjul, Gambia (capital city). The nonprofit’s mission is to ensure that rural populations worldwide have access to health and sanitation-related supplies. Due to the sudden...
A case study of ethical issue at Gucci in Shenzhen, China “On 8 October 2011, an...
A case study of ethical issue at Gucci in Shenzhen, China “On 8 October 2011, an open letter— was spread on the Internet. This letter was written by five former employees of the Gucci Shenzhen Flagship Store. In the letter, they alleged that employees caught an occupational disease, that there was one miscarriage attributable to excessive working hours and that there was no compensation for these hardships. Moreover, they stated that there were excessive restrictions on employees’ behavior, including the...
Case Study Read the case study given below and answer all the questions that follow. SONY...
Case Study Read the case study given below and answer all the questions that follow. SONY : High Quality and Technological Innovation introduction Throughout the 20th century, the pace of technological advancement has increased dramatically. The digital revolution, now upon us, will see further massive steps forward. This case study looks at the ways in which Sony has been able to stay at the leading edge of the new technologies. Sony Corporation is the leading manufacturer of audio, video, communications...
Read Case #1 entitled “Understanding Your Employee Benefits: Executive Compensation in a Corporation” on page 308...
Read Case #1 entitled “Understanding Your Employee Benefits: Executive Compensation in a Corporation” on page 308 in your text and answer these case questions: What is the purpose of the platinum parachute? Why would the company provide this benefit? How does it compare to the golden parachute? Why does the company offer an incentive stock option plan? What other protections are in place for the shareholders and employees relative to executive compensation in organizations? After 15 years working at a...
1.What are the three main factors that determine the capital cost of a piece of equipment...
1.What are the three main factors that determine the capital cost of a piece of equipment such as a heat exchanger at a given time? 2.What is the Chemical Engineering Plant Cost Index (CEPCI) used for, and what does it measure? 3.What is the difference between the total module cost and the grassroots cost of a chemical process? 4.When would you use a cost exponent of 0.6? 5.What is meant by the economy of scale? 6.What is a Lang factor?...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT