Sarbanes-Oxley Act of 2002 is will probably be known as one of the most significant change to federal securities laws in the United States since the New Deal. The act was passed after a series of corporate financial scandals made the national news, w Continue Reading...
This is the point that their underlying profit margins will consistently increase, while managers and employees are willing to go the extra mile. (DelPo 2007, pg. 11) Clearly, one of the biggest challenges with using performance appraisal systems i Continue Reading...
Pattern of inductive reasoning is as follows: Theory ?Tentative Hypothesis ?Pattern ?Observation. While inductive approach is concerned with the open-ended explanatory, deductive reasoning chooses a narrow perspective by testing or confirming the hy Continue Reading...
COBIT (Control Objectives for Information and related Technology), the latest ISO 17799:2005, which defines best practices for security and effective security planning, processing, and controls are implemented across many industries, to improve Sar Continue Reading...
motivates people or corporations to partake in enterprise crime? Among the peculiar aspects that come with business ethics, as in comparison with other domain names of applied ethics, is it handles a wide array of human matters which are more often Continue Reading...
Managerial Prerogative Has Gone Too Far? Whenever an organization is founded and the objectives for its existence have been established, the founders and management of said organization are expected to ensure the continuity, viability, and resilienc Continue Reading...
However, they focus on cost efficiency and development programs can be costly. Also at this stage, it is crucial to differentiate between the various resources which are required, such as technological resources, financial resources or labor force r Continue Reading...
Sidney Dolce For Sidney, there are two points of concern. The first is identifying the potential ethic issues in the finance and accounting departments. The second is evaluating the cost and benefits of the ethics department. The latter is not the p Continue Reading...
Business Law The Relationship Between Ethics & Law in Business Business is a generic term that refers to enterprise relationships between a provider of either a good or service and the client/customer or to another business. Business transactio Continue Reading...
A company may be profitable, but not growing, and vice versa, thus affecting leverage (Aggaral and Zhao, 2007). b. induce a negative relationship between firm value and leverage; conversely, if a firm is perceived with negative or flat growth, leve Continue Reading...
The question is then, how far legislation should go to avoid future scandals such as Enron and other major companies. It appears that the current constraints, especially in terms of business operation, and particularly as these manifest within the Continue Reading...
It is simply not reasonable for a manager to push the sale of a surplus asset back by multiple years. However, managers can influence earnings through their choice of accounting policies. While the choice of policies is allowable under GAAP, when d Continue Reading...
This mindset was made possible by their intensive investments in new technologies that made transactions inherently unauditable and untraceable by the Securities and Exchange Commission and other governance entities. Given the automation of these co Continue Reading...
In case the possibility in the array is analogous, an average expected worth of the assortment is to be applied. SFAS 123 permits choice of the lower end of a reasonable array of assumptions. (Apostolou; Crumbley, 2005) The manner in the final infe Continue Reading...
" All of those excuses are rationalizations that people use to try to convince themselves (and others) that they have not violated ethical rules when they have. Contemporary society is full of examples of unethical behavior on may levels, although t Continue Reading...
The attention on cases of impairment has generally been reduced, but this is expected to increase with the more emphasis placed on financial analysis and audits, a need generated by the contemporaneous economic crisis (Wayman, 2009). As an addition Continue Reading...
The Bank CEO's Role in Defining Ethical Integrity Based on a thorough review of existing literature of the role of ethics in the banking industry, the role of the CEO as the ethical leader of their organization is next discussion. Based on the con Continue Reading...
2.3: Theme I: This study's first theme defines hedge funds and presents a synopsis of their history. 2.4: Theme 2: Ways hedge funds compare to mutual funds are noted in this section, this study's second theme. 2.5: Theme 3: segment denotes techni Continue Reading...
Therefore, corporations have had to change their viewpoints and start looking at the long-term consequences of their behavior, as well as looking at the bottom line. Businesses also have to be concerned because consumers have also become aware of e Continue Reading...
Because unions retain the exclusive right to negotiate on behalf of its members, the individual worker may have little recourse to easily address incompetent leadership. The Disadvantages of Unionized Labor for Healthcare Employers: The primary di Continue Reading...
A micro considers the interests and rights of the individual company as the primary concern. Both of these views are valid depending on the lens that one wishes to use. The problem arises when the government is forced to develop policies regarding p Continue Reading...
The company showed a global reach early, adding numerous language versions around the world. In 2000, the company reached 18 million search queries per day and officially became the world's largest search engine ("Google, Inc." paras. 11-14). The c Continue Reading...
Thus, PWhC set a record in this field with its $450 million contract with the U.S. army and Arthur D. Little came behind with a $88 million contract with Internal Revenue Services (Barron, 2001). E&Y acknowledges the critical role of e-learning Continue Reading...
As one commentator has stated, the presence of two different sets of accounting rules, each plagued by imprecision and subject to multiple interpretations, gives corporations "two different bites at the apple." (6) What used to be seen as an economi Continue Reading...
From this broader perspective and in their planning and operations they have changed the term 'stockholder' to 'stakeholder' to cover employees, customers, suppliers and the community at large. With the growing complexity and dynamism brought about Continue Reading...
First of all, they should implement a better control of the executives' actions by limiting their rights and access to corporate funds. No major decision regarding future mergers, acquisitions or investments should be taken by a single executive. Al Continue Reading...
Figure 2: Defining Workflows as part of the Systems Analysis Phase Further steps regarding systems analysis and design include the creation of roles and responsibilities in a matrix, defining alpha and beta test programs, with strong focus on maki Continue Reading...
The mistake occurred when enthusiasts tried to use those data for other purposes such as 'strategic product decisions.' The average cost of production never could, and never will, be relevant for those classes of decisions where only the change in t Continue Reading...
Control function, may it be management or accounting, plays the same key role. It is, in many ways, a two-way process. First of all, a top-bottom control flow, where the upper management or higher authorities oversee a certain process, but it is also Continue Reading...
Still, MIT countered "Our mission statement talks about principled, innovative leaders and we take the principled part seriously." (AP Wire, 2005) Part II. The impact of technology on work-related stress Work should be growing less stressful -- gi Continue Reading...
Ethical Leadership in an Organization: Donald Trump -- the man, the mogul, the reality TV series ... The fragrance? How can an organization behave as an ethical entity when is headed by an individual whom is not only an organizational leader but is Continue Reading...
Economics Why that Dollar in Your Pocket is More than just a Piece of Paper Money in contemporary society has taken a primary role in life. It affects everything from the quality of a person's social life to the quality and quantity of available fo Continue Reading...
Corporate Social Responsibility Initiatives A corporation that responds positively towards social issues is considered socially acceptable. There are some corporate social responsibility initiatives which the firm should take in order to get sociall Continue Reading...
Criminology Offenders: Alex and Derek King (12 and 13 when they killed their father) Theory: Sampson and Laub's Age-Graded Theory of Informal Social Control One basic premise of the Age-Graded criminology and informal social control theory was Continue Reading...
M2Global Technology Ltd. has a specific metric that determines CEO and managerial pay based upon a combination of financial returns, efficiency, and customer satisfaction. Stock options with restrictions that cannot be 'cashed out' for a number of Continue Reading...
Beyond Budgeting" by Jeremy Hope The Significance of Budgeting on Effective Management: Analysis of "Beyond Budgeting" by Jeremy Hope In the book "Beyond Budgeting," author Jeremy Hope gave an altogether different conceptualization of the signific Continue Reading...
