(Summative Assessment Case, 2009-2010) Insider trading is a significant problem in big business that is rarely addressed, despite the Enron and other big name scandals. (Anand & Beny, 2007) (Aier, 2008) (Darrough & Ye, 2006)
The fact that Yang did not rightfully perform his fiduciary duties to shareholders in the negotiations with Microsoft is apparent by the inside attempt to take hold of the company by Carl Icahn and his team of proposed board members, and possible disgruntled shareholders. There is no doubt that Yahoo! failed its shareholders by asking to much for the stock trade and possibly overtly devaluing the company with its proposed acquisitions and collaborations. Though there are not many regulations that state that a company must take a buyout offer if it benefits shareholders the loss of faith is pronounced in this case and shows significant disregard for shareholders. Icahn also brings up important points when he demands that the company redress the offer with a shareholder vote on the matter, as well as on leadership. (Summative Assessment Case, 2009-2010) (Dalley, 2008)
Many argue for the development of a sort of universal bill of rights that would conform business to certain ethical principles and further protect shareholders and consumers from big business walking all over them. This is in response to globalization as well as the fundamental scandals that have resulted in other legal and tax regulations. (Thomas a. Piraino, 2009) the (Dalley, 2008) (Sell, 1995) in the current business climate most companies both prefer and are given the right to self-regulate on most financial decisions, despite concerns by shareholders or others.
The increase in private equity investments has facilitated a corresponding concern with the ramifications of ownership because these firms are largely unregulated. Media regulations, particularly in the United States, only place limits on companies that exhibit management control over the day-to-day operations of a media property. (Arsenault & Castells, 2008, p. 739)
Some universal corporate social responsibility, beyond that which is created as response to controversies and scandal is likely something that will be seen in the not so far future, but as of today there is no such system. (Hoffman & McNulty, Winter 2009)
What governance or other regulations and standards, currently applicable elsewhere or not yet applicable anywhere, would you recommend?
Task 5
The ethical standards that allow blame to be waged against Yang and those who were involved in the negotiations of the Microsoft deal are those which have been noted above, the rejection of a deal that would provide value for shareholders, beyond what they would likely see in the current recession and the loss of the development of a merger that may have created real competition in the market for Google. The potential for insider trading is secondary, and was performed by other culprits of the situation. (Summative Assessment Case, 2009-2010) Though some claim that the proxy takeover fronted by Carl Icahn, was also suspect and should allow Icahn to be labeled a culprit as well, yet despite his maneuvering once the deal had been rescinded by Microsoft it was clear that someone needed to speak for the shareholder in this case. (Hyslop, 2010) (Varallo, David, & Peter, 2009) Though it is fair to show sympathy to Yang, as a co-founder of a fiercely independent and largely successful company, that grew from a simple idea to the multi-billion dollar company in a matter of just 13 years, as he was not likely ready to hand over his company, no matter the realistic terms in the face of Microsoft's offer. Ethically mergers and potential takeovers are a challenge to the fiercely independent American mindset, yet at the same time in the wake of several big name scandals involving big business and the disregard for shareholder interest it is also easy to dismiss such sympathy.
The expected virtue of corporate decision makers is for most seen as one that qualifies them as rarely able to make decisions that go against their own personal gain. Though Yang and others did not use the bottom line to make the decision to reject Microsoft's bid the other way to look at it is to see that those at the top often feel wholly protected...
Another problem with data discrimination is that search engines like Google might not yield the best information. It is one thing for Google to allow for advertisements in a separate section from search results. It is quite another for Google to only yield search results for paying customers. Some ISPs claim that the consumer would benefit from value-added services to make the Internet faster or more secure. Yet the principle
The blessings of the free market in terms of competition, level playing field, and end user benefit can only continue if the Internet remains neutral across all networks. In conclusion, Wu's arguments are much more convincing than those by Yoo. Wu holds that Network Neutrality is essential for the benefits of its free market platform to continue, especially in the light of end user benefit. Innovation and competition can only
Net Neutrality: Benefits, Drawbacks, Issues and Concerns The Internet has been such an immense fixture in the lives of most Americans that it is impossible to imagine life without it. The Internet has become an invaluable tool to virtually everyone, and most people can’t imagine functioning without an open, free Internet that is available to everyone. In many ways, the Internet is a tremendous foundational pillar of society and of democracy:
In this essay about net neutrality, we provide an overview of what net neutrality is and why it is a current political issue. The essay will define net neutrality. Furthermore, it will describe the pros and cons of net neutrality, including reasons that net neutrality is beneficial and ways that it could be detrimental. The essay will discuss the current legal status of net neutrality, as well as the potential future
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Net Neutrality: The Battle Rages onThe Net Neutrality DebateFrom the onset, it would be prudent to note that net neutrality, as Laudon and Laudon (2020) point out, could simply be defined as �the idea that Internet service providers must allow customers equal access to content and applications, regardless of the source or nature of the content� (265). This is more or less the same meaning that Mapua (2016) assigns to
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