Public corporations are led by Chief Executive Officers (CEO) and other upper-echelon leaders who, in turn report to shareholders and board of directors (BOD). Interestingly, even though the BOD oversees the CEO, decides on the terms of employment and salaries, and monitors the overall performance, the CEO is, more often than not, the person that nominates board members. The justification? The CEO are well placed to know what type of expertise is needed on the board and should have a BOD that will 'fit' and work with. The relationship between BOD and CEO is a complex. What are the potential ethical and conflicts of interest issues arising from the CEO's involvement in the selection of board members?How can these issues be addressed?

1.    One of the most remarkable associations in macroeconomics relates GDP growth to unemployment or the so-called Okun’s Law (see p.293-294 in Burda&Wyplosz textbook). This empirical regularity describes inverse relationship between the change in unemployment and the change in GDP growth. Resulting negative coefficient has been repeatedly confirmed for different countries and different periods. Your task is to:

a)    Propose a modified version about how the GDP is related to the labour market. Specifically, make a formal/theoretical statement (similar to the textbook, so read the corresponding section) on how the employment rate is related to the output growth, write it down and then check the relationship with data (Finland).

b)    Find the employment rate time-series (for people aged 15-74) and the real GDP growth (all for Finland only) and retrieve a set of 40 most recent quarterly observations of both variables. Arrange the data and plot the relationship on a graph. What is the coefficient between the variables, so you need to add the trend-line relationship between the variables?

c)    Make a conclusion about how the model (Okun’s relationship) fits the Finnish data.

Recent legislation requires CEOs of public corporations to sign an affidavit, a sworn statement, stating that all accountings put forth by the company are accurate and not misleading; not to the best of their knowledge, but that they are accurate and not misleading. Obviously, the CEO of most public corporations can't personally perform all aspects of these accountings. Instead, they must rely on the accuracy of employees assigned to perform such tasks at various levels. The legislation makes the CEO PERSONALLY liable, even criminally liable, for inaccurate accountings. Considering this, is it fair or equitable to find a CEO liable if a subordinate has committed fraud or a mistake in the preparation of the accounting?

Which of the following programs would provide a Pareto improvement?

A.) a new university supported by a proportional tax paid by everyone

B.) a lung cancer treatment facility financed by cigarette taxes.

C.) A new (and badly needed) national defense system funded by any form of taxes paid by all US residents.

D.) A Federally funded water project in California.

Please provide an answer and an explanation if possible.

There has been a lot of publicity about the benefit and detriment of activist CEOs in Australian (and

global) business. Write a report describing and explaining the statutory law of directors’ fiduciary

duties as it applies to CEO activism.

a) Define CEO and describe the role.

b) Briefly describe the conduct or behaviour that is referred to as CEO activism and provide one

“real world” example. (Make sure that you reference the source of your example).

c) Discuss the relevant Australian statutory law on directors’ fiduciary duties.

d) Analyse your example of CEO activism and provide an opinion (conclusion) on whether this

conduct meets or breaches the Australian statutory law on directors’ fiduciary duty to act in

the best interests of their company.

Please use ILAC form to write this.

After graduating from this university you have decided to establish a contractorship company to do some building constructions. Your first job is to construct 10 similar reinforced concrete buildings with four stories each. The total area of all the buildings is 16,000m2 . You can find sufficient number of formwork carpenters to erect any kind of formwork materials. On the market both timber and steel formwork materials are available.

•Make an analysis on which type of materials you are going to buy for that construction job.

•From internet you will find the addresses of formwork materials manufacturers / suppliers and get prices.

•Explain the advantages and disadvantages of buying timber or steel type formwork materials.

•Make an analysis for selection of formwork materials.

•Decide to buy one of them and explain in detail why you have selected that one.

4- After you graduate from university, you find a job in a company that produces good X. You are working in a competitive market. Your boss asks you to compute the price elasticity of demand, income elasticity of demand, cross-price elasticity of demand, and the price elasticity of supply. The question is: how your boss will benefit from computing each of these elasticities. Explain in detail with an example for each case.

After you graduate from university, you find a job in a company that produces good X. You are working in a competitive market. Your boss asks you to compute the price elasticity of demand, income elasticity of demand, cross-price elasticity of demand, and the price elasticity of supply. The question is: how your boss will benefit from computing each of these elasticities. Explain in detail with an example for each case.

I need the answer minimum 500 words.

A growing concern of employers is time spent in activities like surfing the Internet and e-mailing friends during work hours. The San Luis Obispo Tribune summarized the fundings from a survey of a large sample of workers in an article that ran under the headline "Who Goofs Off 2 Hours a Day? Most Workers, Survey Says" (August 3, 2006). Suppose that the CEO of a large company wants to determine whether the average amount of waisted time during an 8-hour work day for employees of her company is less than the reported 120 minutes. Each person in a random sample of 12 employees was contacted and asked about daily waisted time at work. The resulting data are the following:

108   112 117 128 130 111 131 116 113 113 105    128

The CEO wants to determine if these data provide evidence that the mean wasted time for this company is less than 120 minutes. Assuming that the population distribution is approximately normal, find the P-value for this test.

The Paria Oil Company is seeking police protection for the duration of industrial turmoil at its Head Office, due to layoff caused by the Covid 19. During discussions with the Police to deal with the turbulence, the Police suggested that a mobile patrol would be adequate because the disorder was largely contained. However, the CEO of Paria insisted on permanent police presence. The CEO then offered to compensate the Police, if they agreed on a permanent on site presence during the turmoil.

The Police thereafter indicated that they will provide 10 officers at a rate of $5000 per day, which they will maintain during the entire strike period. A few weeks after the strike was over, the Commissioner of Police, sent an invoice to Paria Oil Company for the cost of protection for two months. However, Paria Oil refused to compensate, and argued that the Police have a duty under law to protect the company from any pending violence and lawlessness.

1. What kind of contract is this?

2. The Commissioner of Police has sought your advice on the matter. Can you please advise him?