SUMMARY Moral Hazard in Equity Contracts: The Principal-Agent Problem The separation of ownership and control involves moral hazard‚ in that the managers (the agents) may act in their own interest rather than in the interest of the stockholder-owners (the principals) because the managers have less incentive to maximize profits than the stockholder-owners do. Tools to Help Solve the Principal-Agent Problem Production of Information: Monitoring Stockholders engage in a particular type of information
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meta-ethical theory which proposes that an action’s status as morally good is equivalent to whether it is commanded by God. The theory asserts that what is moral is determined by what god commands‚ and that to be moral is to follow his commands. As a Christians‚ I believe that my people use divine command theory approach rather than egoism or act or rule utilitarianism as a basis of the ethical systems. In Christianity‚ Judaism and Islam‚ good and bad are seen as being actually about obedience or disobedience
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Constructing Moral Arguments Five Steps for Constructing Moral Arguments People need to pass a driving test to get a license to drive a car. People should also have to take a test and get a license before they can become a parent by having children. After all‚ parenting is a greater responsibility and requires more skill than driving. Develop a list of premises: Driving is important because as parents we need to be able to transport our children to school. Since we are responsible for our children’s
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internal actions. Every organization should include good business ethics. Moral reasoning is integral part of business ethics. L. Kohlberg determined three levels of moral development that consists of six stages. The stages of Kohlberg ’s model relate to the qualitative moral reasoning adopted by individuals. According to this model‚ a person can not skip any stages and make headway sequentially. So‚ in this essay I will analyze Kohlberg ’s levels of moral reasoning‚ my own development concerning this
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MORAL DECAY (Reflection Paper) As generations pass by‚ people become less conservative about what they do and how they perceive their surroundings. Mostly‚ it comes from the media and I’m not only talking about what they show in TV‚ that’s the first‚ but also to what people listen to like music. For example‚ some of today’s most popular music to teenagers are very explicit‚ so since it is popular and it’s lyrics are quite misleading‚ these children tend to do what they hear from these songs unconsciously
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“Moral Intelligence” Authors: Doug Lenick and Fed Kiel Critiqued by: October 10‚ 2007 Fall 2007 Class Honor Code: “I declare and affirm that the work submitted herein is my own work product from my own labor‚ efforts‚ and endeavors‚ and that I did not seek‚ receive‚ offer‚ or accept unauthorized aid or assistance or use of the work product of another‚ unless otherwise so stated fully and completely herein.” What does it take to be a great leader? Doug Lennick‚ author
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prolong suffering unnecessarily it is morally acceptable to choose the more humane option 2. the conventional model makes decisions on irrelevant grounds bowel obstruction is irrelevant grounds to make a life or death decision 3. conventional makes no moral distinction between killing and letting die 4. most common arguments in favor of passive euthanasia are invalid medical ethics suggest that withholding treatment is permissible but actively killing the patient is forbidden Example: Painful throat
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M/s ’Vipul Limited’ invites application for the allotment of residential Flats for the economically weaker section (BPL category) of EWS flats of 200 "sq. fts. (approx.) of super area in Vipul Greens-Sector-48‚ Vipul Belmonte- Sector-53‚ Vipul Gardens-Sector-54‚ Vipul Lavanya apartments- Sector-81‚ Gurgaon and Vipul Gardnes - Sector-1 Dharuhera with EWS Plots Vipul World - Sector-48‚ Gurgaon Haryana exclusively for allocation to BPL families 1 as per the payment plan mentioned below: DETAIL OF
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Humans are responsible for a variety of environmental problems‚ but we can also take steps to reduce the damage that we are causing to the planet. This essay will discuss environmental problems and the measures that individuals can take to address these problems. Two of the biggest threats to the environment are air pollution and waste. Firstly‚ the increasing world population is putting pressure on the natural resources. Gas emissions from factories and exhaust fumes from vehicle lead to global
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Moral Values versus Academic Subject Matters Good morning faculty and Students “Welcome back to a new and rewarding School year” was the first thing I heard Principle Williams say as he made the announcements. The next thing on the agenda was to go over the rules of the school and classroom. It is the first day of school at Westover Elementary and the students are back in school for one hundred and eighty days. WOW! I just love my job. Well it is time to get down to business. We must go
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