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ACC 504 Ethics Case 1 Lord Conrad Black’s Fiduciary Duty

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ACC 504 Ethics Case 1 Lord Conrad Black’s Fiduciary Duty

ACC 504 Ethics Case 1 Lord Conrad Black’s Fiduciary Duty

ACC504

ACC 504 Ethics Case 1 Lord Conrad Black’s Fiduciary Duty

Read the Ethics Case, Lord Conrad Black’s Fiduciary Duty? On pp. 277–281 of your text and answer the following questions (approximately one paragraph per answer):

Should the Board of Directors be held responsible if they approved the non-compete agreements? Include an explanation of the role of the Board and who their primary stakeholder is in your answer.

Was it illegal that Black controlled the company through shares holding more voting rights? Was it ethical?

How could the conflicts of interest in this case have been prevented?