Assignment 2

Running head: CORPORATE GOVERNANCE AND ETHICAL RESPONSIBILITY

Corporate Governance and Ethical Responsibility

Tiffany Glover

Strayer University

Assignment #3 Submitted in Partial Fulfillment

of the Requirements for the Course

LEG 500- Law, Ethics, and Corporate Governance

Judge Mischelle Best

Fall 2012

Corporate Governance and Ethical Responsibility

Discussion 1

Determine at least three different internal and external stakeholders that Dr. Do Right might have to deal with on a daily basis at the hospital.

Due to Dr. Do Right high profile position I’m quite he has to directly communicate with prominent directors of the hospital but on a daily he will deal with the patients, board of directors, medical board, and sponsors. These are four main sectors I assume he would definitely have to deal with frequently. These three are a body of appointed individuals responsible for governing the organization or company whether it s a financial, intelligence, or legal standpoint. Patients are an internal stakeholders but is the most vital part of the hospital, they are reason why anything is in existence pertaining to the hospital. That is the main concern because everything else relies on this primary stakeholder.

Discussion 2

Compare and contrast potential conflicts of interest that may exist between the internal and external stakeholders.

Both internal and external stakeholders pay a vital in properly governing the duties of the hospital. However there are distinctive functions that are expected of the two that could possibly cause conflicts between the job roles. According to Identifying and managing internal and external stakeholder interest , internal stakeholders participate in the co-ordination, funding, resourcing and publication of the strategy from a local health and well-being partnership. External stakeholders are engaged in contributing their views and experiences in addressing the issues that are important to them as patients,...