1. Give a specific event within a company where people or a society believe that a company, corporation, or an executive abused their power. Why did they abuse the power that was given to them? What was the outcome or consequences?
2. This week we read of the role of the Board of Directors in large, publicly traded corporations to ensure that the Sarbanes-Oxley Act of 2002 is implemented in a way that mitigates unethical or illegal behavior. Select ONE of the following industries listed below and identify positive and negative examples of corporate social behavior – explain how that behavior affected (positively or negatively) that industry and what can/should be done to mitigate that behavior. As always, please support and justify your answer using APA formatted references. Respond to at least two of your classmates’ posts.
Airline
Banking
Healthcare
Retail
Fast Food