Explain the basic structure of the typical corporation and


Problem -

In this week's learning content, we focus on Corporations and Corporate Cultures: Corporations and Corporate Cultures and SOX

  • Explain the basic structure of the typical corporation and how the shareholders own the company and elect directors to run it.
  • How is the shareholder profit-maximization model is different from stakeholder theory?
  • What are some of the ethical challenges for corporate cultures?
  • Provide 3 examples of how SOX sought to address some of the ethical challenges of corporate cultures.

Provide an update of the current financial status of Sears and discuss whether or not you think that Sears' current financial status is a byproduct of its past ethical issues. INCLUDE ALL REFERENCES USED!!! APA style!!!

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