In: Economics
Explain the significance of gatekeepers or ‘watchdogs.’ Cite several examples. Explain the Federal Sentencing Guidelines for boards. Briefly discuss the conflicts of interests/implications involved in excessive executive compensation. Cite several (2+) credible examples of excessive wage compensation for CEO’s and/or board members. *Use proper APA in-text citations for ALL examples and list your references at the end of your post.
In order to understand the role of news media in shaping government policies and strengthening democracies across the world a major research intiative was geared. during this process , the media was the media was defined as the role it fulfilled as watchdogs, agenda setters, gatekeepers.
Journalist that keep a sceptical eye on the powerful, guarding the public interests,incompetence and corruptions and misinformation were termed as "watchdogs" by Norris and Odugbemi. the gate keepers are known to be Agenda setters, raising awarness of social problems specific to news reporting of major disasters and crisis that require urgent action. when the political parties and the socail sector meets debate over issues of public concern and the journalist and the broadcasters bring together differnt interests of the role of gatekeepers.
The Federal sentencing guidelines for boards
The conflicts of interests is a situation when a person or an organisation is involved in interests, mainly financial and while serving one the others interests could be affected. the organisation or the person becomes unreliable due to conflicts or personal an dprofessional matters, this kind of a situation arises when the perosn or the organisationhas a vested interest and legally asked to withdraw from them.
While evaluating executive compensation it is important to consider during the investment opportunity. at the timeof company filing it is to be made clear regarding the compensation. however there are various types of compensations that offer a variety of tax benefits and perofrmance benefits.