• Is it ethical for a firm's owner to assume that agents (managers hired to make decisions in the owner's best interests) are averse to risk? Why or why not?
• What are the responsibilities of the board of directors to stakeholders other than shareholders?
• What ethical issues surround executive compensation? How can we determine whether top executives are paid too much?
• When a firm changes from the functional structure to the multidivisional structure, what responsibilities does it have to current employees?
• Are there ethical issues associated with the use of strategic controls? With the use of financial controls? If so, what are they?