Governments in these developing countries also may have issues with foreign companies expanding within their borders. Lastly, establishing local suppliers, and the infrastructure required for these suppliers, may be a challenge, especially for those Continue Reading...
CEO's salary, bonus, and long-term compensation with respect to various organizational, financial and CEO factors such as corporate reputation, growth in employees, company size, and return on equity, CEO tenure and CEO stock ownership. In relation Continue Reading...
Xerox Corporation - Company Profile Company Background The Xerox Corporation was incorporated in 1905 in the state of Connecticut. The corporation is in the business of document production and management. It is traded on the New York Stock Exchange Continue Reading...
Loyalty to the client was clearly placed above loyalty to the overall public good and the standards of the profession. "Enron paid Andersen $25 million for its audit…and $27 million for 'consulting' and other services" which meant that Anderso Continue Reading...
Ethics and Specialized Knowledge Enron's case summary Enron is an interstate pipeline company that was founded in 1985 as a supplier of power utilities. In the 20th century, Enron had grown quickly, and due to increased competition in the global ma Continue Reading...
These claims are virtually all based on the concept that corporations - particularly multinationals -- should be held accountable for their actions within their sphere of operations. "Corporations, for their part, have responded in numerous ways, f Continue Reading...
Executive Stock Option Plans "If the company does not do better than its competitors, but the stock market goes up, executives do very well from their stock options. This makes no sense." Discuss viewpoint. Can you think of alternatives to the usual Continue Reading...
Cooper/WorldCom In 2001, WorldCom was a company at the top of its game. Although 2001 was difficult for them, it was difficult for all telephone companies. The number of local phone companies had dropped from 330 to 150 in 2000. They lost market sha Continue Reading...
Tired of Strategic Planning? Many Companies Get Little Value from Their Annual Strategic-Planning Process. It Should Be Redesigned to Support Real-Time Strategy Making and to Encourage 'Creative Accidents'" by Eric D. Beinhocker and Sarah Kaplan, Th Continue Reading...
Merrill Lynch Barge Scenario Case Summary -- Enron, a Texas-based energy company, was created in 1985 and had such phenomenal growth it was soon the seventh largest company in the U.S. until its bankruptcy in 2001. Enron was involved in a number of Continue Reading...
declining organization is divided in to five stages by Jim Collins. By referring to each stage an organization gets an insight about the degree and relative stages of decline it has encountered. Planning to rectify the problems by referring to the d Continue Reading...
This presented the troubling consideration that many of the current standard-bearers for physical excellence were the product of performance enhancing drug use. Moreover, this cast a dark shadow on what have been regarded as some of the game's great Continue Reading...
Deception A) How are the contexts and deceptions different? In the two articles, "Lying for Love in the Modern Age, Deception in Online Dating" and "Exoneration of Serious Wrongdoing via Confession to a Lesser Offense," the two authors describe dif Continue Reading...
Accounting Scandals $2.65 billion. That is the amount the investment Citigroup agreed, less than a year ago, to pay to investors who had bought stock and bonds in the telecommunications giant WorldCom before its bankruptcy filing two years ago. If t Continue Reading...
Ford Pinto and Corporate Crime Experts on corporate crime such as David O. Friedrichs (1996) used to lament the lack of attention given to white collar crime. This was due to the mistaken assumption that unlike violent street crimes, white collar cr Continue Reading...
ethical issues for business organizations in the twenty-first century. The forces of globalization have increased the degree to which diverse groups in society have grown dependent on one another. Hence, their expectations influence the freedoms and Continue Reading...
28) This quotation shows how arbitrary MTM can be. Simply by terming Enron's cash shortage a sa minority interest as opposed to the proper term for it, debt, Enron was able to manipulate MTM to prevent such a sizeable loss from appearing on its bal Continue Reading...
There are three primary factors that influence the company's current strategic, tactical, operational and contingency planning. The first factor is the increase in competitiveness within the industry in general. The rise in private and small scale Continue Reading...
If this policy was in place at the time of the Enron scandal, Anderson may not have had any incentive to lie on behalf of Enron. Another extremely important rule that would have had an impact upon Enron is the rotation rule. The lead and concurrent Continue Reading...
" While there are factors like peer pressure and authority that come into play, some research claims to have isolated significant features of an individual's character that make them more likely to commit acts of fraud, bribery and falsification in t Continue Reading...
blow the whistle" on what you heard in the garden? If so, how will you blow the whistle? If you decide to blow the whistle, what are your reasons for doing so? Your discussion should reflect knowledge of what Boatright says about issues, problems an Continue Reading...
4. If Enron shareholders had been fully aware of the LJM partnership agreement, do you believe they would have been willing to continue investing in Enron? LJM was created by Fastow allegedly to buy poorly performing Enron assets, but in reality t Continue Reading...
Business Law When most people think of securities fraud and corporate misconduct, they will often associate Enron to these ideas. This is because it went from being the tenth largest company in America to one the biggest bankruptcies in U.S. history Continue Reading...
People will say everybody else does this and gets away with it, could it be that wrong? It comes down to economics vs. ethics. The difficult thing for me personally is that I do not know how I would have reacted in this situation. I would like to t Continue Reading...
Strategic leadership influence culture organization eventually organization succeed fail. Show examples Air Asia, Apple Enron (Failure). I limit references subject matter Edgar Schein's theories culture organization business management authors. The Continue Reading...
Improvements in Integrity, Financial Accountability, Ethical Conduct and Corporate Responsibilities under the Sarbanes-Oxley Act of 2002 We passed Sarbanes-Oxley in the wake of the Enron scandal to try to root out financial and accounting irregulari Continue Reading...
roles of forensic accountants in preventing and detecting fraud within a business community. The paper highlights the requisites and basic responsibilities of a forensic accountant. The paper also makes references on the special cases where forensic Continue Reading...
Premeaux's investigation into ethics and business behavior resulted in four categories that can lead to ethical problems: a) coercion and control (the use of threats or extortion to force a manager to make a certain decision); b) conflict of intere Continue Reading...
Emphasis was placed on resource allocation, remuneration of the top managers -- through sometimes luxurious premiums and bonuses -- or financial sufficiency -- often created through loans. 2. The leadership style At the level of the leadership sty Continue Reading...
Sarbanes-Oxley Act (SOA) was put into law in 2002 following the revelations that Enron (and Enron's accountancy Arthur Anderson), WorldCom, and other corporations were using blatantly corrupt practices in accounting and causing huge losses for stakeh Continue Reading...
One of the most significant disadvantages, and potentially dangerous aspects, to outsourcing is the transfer of sensitive data, according to Klosek. Auditing outsourcers may subcontract their services, unless it is specifically stated in the contr Continue Reading...
business scandals in the early 2000s brought the issue of business ethics to the fore -- Enron, WorldCom and Tyco. The three share some similarities but they are different in other ways. Enron was simply a case of criminal activity. The company's ma Continue Reading...
The other side of this is that the companies have to spend finances in areas of language training or job training when they outsource. However, over the years, many U.S.-based companies haven't been discouraged by these additional costs because the Continue Reading...
Sarbanes-Oxley Act of 2002 administration as also a majority of other western administration witnessed the collapse of corporate giants like Enron & Worldcom in the aftermath of noticeably fraudulent executive actions of these companies. This l Continue Reading...
LIABILITY Liable Directions? As company ombudsman, your task is to investigate complaints of wrongdoing on the part of corporate directors and officers, decide whether there is a violation of the law, and deal with the wrongdoers accordingly. Jane, Continue Reading...
DELL INC. FRAUD Business practices came under fire when America's seventh largest firm Enron collapsed due to unethical accounting strategies. This case triggered a series of unwelcome events where one after the other, large organizations in the U.S Continue Reading...
Ethics and Social Responsibility Companies, like people, are bound by ethical requirements -- a responsibility to consumers and customers. Companies are expected to do follow up on the promises of their advertisers. All companies make ethical declar Continue Reading...
