Should corporate laws permit zuckerberg to control

Assignment Help Operation Management
Reference no: EM132279927

Part 1: one paragraph or more

When Facebook went public, its disclosure document said:

As a board member and officer, Mr. Zuckerberg owes a fiduciary duty to our stockholders and must act in good faith in a manner he reasonably believes to be in the best interests of our stockholders.

As a stockholder, even a controlling stockholder, Mr. Zuckerberg is entitled to vote his shares in his own interests, which may not always be in the interests of our stockholders.

Should corporate laws permit Zuckerberg to control the company without imposing a duty to act in the best interests of the other shareholders?

Part 2: one paragraph or more

An appraiser valued a subsidiary of Signal Co. at between $230 million and $260 million. Six months later, Burmah Oil offered to buy the subsidiary at $480 million, giving Signal only three days to respond.

The board of directors accepted the offer without obtaining an updated valuation of the subsidiary or determining if other companies would offer a higher price. Members of the board were sophisticated, with a great deal of experience in the oil industry.

A Signal Co. shareholder sued the board for having violated the duty of care. Is the Signal board protected by the business judgment rule?

Reference no: EM132279927

Cultivating innovation

You're an IKEA store manager, and corporate headquarters has instructed you to change the layout of your store. The change must be "dramatic," but the details are up to you.

How could the outcome been different

Think of a recent experience in a work environment in which the individuals' attitudes or emotions influenced their behaviors. What was the outcome? How could the outcome be

What ethical model did the directors use to arrive decision

Acme Food Corp. decided to sell to third world countries all of its out-of-date canned food products. While it is illegal to sell these products in the United States, it is no

The ethical dilemma and the traditional theories

Identify the ethical issue, the ethical dilemma and the traditional theories that will be used to suggest potential resolution of the dilemma. Unique Ethical Issue: The Busine

Employment retirement income security act

Congress passed the Employment Retirement Income Security Act to protect employee benefits including pension or retirement benefits. However, ERISA does not specifically addre

About the storming stage of team development

A hospital’s permanent accounting department and customer service department are examples of _____ groups. Which of the following statements is true about the storming stage o

The national sales manager to make the claim

A company has 48 sales representatives, one for each state in the contiguous United States. Each state is divided into four regions. Each state sales representative only repor

Costs for a month

Bubba's Steakhouse has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: Materials, $4,080; hourly labor (variable), $5,200; r


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd