Week 5 10-28-14 Students' Lecture Outline (1)

Week 5 10-28-14 Students' Lecture Outline (1) - Darryl...

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Darryl Mleynek Adjunct Faculty, SBA BA 385: Business Environment [email protected] Week 5 Students’ Lecture Outline _______________________________________ Corporate Governance: Foundational Issues (Ch. 4) Instructor’s Comments _______________________________________ 1. Introductory Comments: 2. Legitimacy and Corporate Governance a. “[L]egitimacy [is] a condition that prevails when there is congruence between the organization’s activities and society’s expectations.” p. 97. 1 “[W]e have neither capitalism or democracy. . . . We have crony capitalism, which is the worst. It’s not a free market. There isn’t risk-taking in the sense that if you succeed, you keep your rewards; if you fail, you accept the consequences.” -- David Stockman, former Congressman and Director of the Office Assignment for Week 5 Due (1) Corporate Governance: Foundational Issues 10/28/14 Ch. 4, pp. 96-105, 108-113 (2) Case 4: Nike & Sweatshops 10/28/14 Cs. 15, pp. 601-609 (3) Voluntary Analysis Due (Nike & Sweatshops) 10/28/14 Graded Pass/Fail (4) How Did Economists Get It So Wrong .” 10/28/14 Highly Recommended. Krugman, Paul. New York Times , 9/06/09. Click on hyperlink. (1) Strategic Management and Sustainability 10/30/14 No assigned reading. (2) Review for Midterm Exam 10/30/14 See Addendum Future Assignments: (See Syllabus)
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Darryl Mleynek Adjunct Faculty, SBA BA 385: Business Environment [email protected] 2
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BA 385: Business Environment b. Corporate governance is about the roles, rights, responsibilities, and accountability of owners, boards of directors, managers, and employees.
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