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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Moral Dilemma What people feel morally obligated to do depends on the situation. In general‚ I think everyone can agree that it is immoral to take someone’s life‚ but there are situations where people might think otherwise. There are also other less severe circumstances where people’s morals are put in question. In the end‚ it depends on one’s personal moral beliefs on how they would act when in certain instances. The first dilemma I chose was the fat man and the impending doom. Without a
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VALUES OF FILIPINOS DURING THE SPANISH COLONIZATION: Catholism has had a great impact on Filipino customs‚ behaviors‚ and traditions. It is common for Filipinos ( specifically those in smaller‚ provincial towns ) to attend church every morning and to pray the rosary each night. In fact‚ Filipino homes contain various statues of Jesus Christ‚ Virgin Mary‚ and other saints. Finally‚ Filipino festivals and community events may have a highly catholic meaning‚ often honoring Jesus‚ Mary‚ or other saints
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make them‚ or you have to contemplate on them. Undoubtedly‚ in the end‚ your morals determine your actions. Internally‚ you have to have moral courage to do what you trust is right and standing up for what you believe in. Moral courage is doing the right thing because it’s right‚ not because of eminence and riches. People morally courageous do what is morally right even if you get hurt or because it is difficult. Moral courage is taking action no matter what the consequences. In Antigone‚ the play
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moral recovery The moral recovery program is a program that encourages members of the public to live in a moral and correct way. The program does have religious connections‚ but is more about rebuilding a ’people nation’ and retaining a sense of community spirit. The moral recovery program takes place in the Philippines. Residents in the region are encouraged to get involved with the program. Those behind the program believe that if it is successful‚ it could cause reduced crime levels and an overwhelming
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“Moral Code” Imagine watching evening news Easter weekend and headlining story of the night is a senseless murder of an entire family. Our normal reaction would be filled with distain and disgust. Leaving unanswered questions like “why” or “how could someone do that?” What drives someone to kill other people? Where is their Moral Code? Most stories like this will give you the killers interpretation of why their moral code went astray and usually gain your empathy‚ even though you don’t agree
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1. a. Whether or not dumping should be permitted is a moral question. b. Are dangerous products of any use in the 3rd world? This is a non-moral scientific question. c. Is it proper for the US to sponsor the export of dangerous products oversea? This is a moral question. d. Whether or not the notification system works as its supporters claim it works is a nonmoral factual question. e. Is it legal to dump this product overseas? This is a nonmoral legal question. 2. What is dumping
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for me to receive what is ‘right’ and ‘wrong’ about the social. For example‚ there are critics about the politics‚ environmental issues etc.From time to time‚ my moral compass had been shaped by my parents and the social norms. Human beings always place their own interest on the top priority while thinking of what they should do. My moral compass go wrong without recognising that it had done so because I wanted to satisfy my own wish and do something that others taught me was ‘wrong’ before. I remember
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MBA-Moral Mazes “System is fair in the long run” is one of the most frequently used phrases by the LUMS faculty and it takes special position whenever students complain about their grades. If this statement is read against the grain‚ one can infer that the current system has flaws and it is fine not to get dishearten due to a lower grade because somewhere along the way looms a higher grade. This then suggests that intellect and hard work have little or no role to play in the final evaluation.
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Moral education can be given better by parents at home‚ than by schoolmasters and professors in schools and colleges. Parents have numberless opportunities of guiding their children by pre¬cept and example‚ opportunities denied to the teacher. Who generally meets his pupils in large classes‚ and seldom has the means of becoming intimately acquainted with their several char¬acters and the faults‚ other than intellectual faults‚ to which each of them is particularly prone. The first point of importance
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