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Exercise: Other People's Money

15 January, 2016 - 09:09
Available under Creative Commons-ShareAlike 4.0 International License. Download for free at http://cnx.org/contents/05c97be4-3ad0-47f2-b5a7-a75d0ad90ab7@3.72

Watch the shareholder's meeting in the movie, "Other People's Money." Then answer the questions below. Think generally about what the manager of a corporation should do with the money its stakeholders have invested in it.

  • What is Larry the Liquidator's basic argument? What is Andrew Jorgensen's basic argument?
  • What is Larry the Liquidator's conception of the nature and value of the corporation? What is Andrew Jorgensen's conception of the nature and value of the corporation?
  • What is the social responsibility of a corporation according to Larry the Liquidator? What is it according to Andrew Jorgensen?
  • Write a paragraph on which argument you find most persuasive, that of Larry or that of Andrew. Explain why you find it persuasive.