This article also explains how government entities will now take more of an effort to enforce those regulations to ensure that such financial digressions and illegal dealings will not take over with the zealousness which they had in the early portio Continue Reading...
Ethical Training -- Successes and Failures Ethical Training: Successes and Failures Ethics are often thought of as black and white, but that is really not the case. There are many shades of grey, and what is ethical in some instances may not be eth Continue Reading...
Organizations need to manage employee stress that is directly related to technology by such means as offering stress-management seminars, allocating certain times of the day for relaxation, investing in ergonomic technology, and by judicious use of Continue Reading...
Organizational transformation, once seldom required, is now required frequently in many organizations. This places increased emphasis on the importance of leaders with transformational skills. The other way in which globalization has impacted leader Continue Reading...
Influence Practices of Elon Musk and Jeff Skilling CEOs and Presidents Abstract This paper looks at the influence processes of three CEOs: Elon Musk of Tesla, Alex Gorsky of Johnson & Johnson, and Jeff Skilling of Enron. These leaders have various st Continue Reading...
Financial Accounting The question is missing a clause. "…is more conducive to ethical behavior" than what? The word "more" invites comparison but there is nothing to compare the current environment to. Well, the current environment is not much Continue Reading...
e. Nutra Sweet). At the same time, they also had a number of failures, like when they company replaced the original formula for their soft drink with a new one. This led to a massive revolt among consumers, who did not want this product. Instead, the Continue Reading...
Q & A: Tesla’s Musk Question 1 The leadership example chosen for this analysis is the case of Elon Musk, CEO of Tesla, and his tweeting out in 2018 that he “funding secured” to take the company private at $420 per share. The sto Continue Reading...
Management Practices Outline how you would manage the risk of change when planning a strategic change management process. Whenever any kind of change is taking place in an organization, there more than likely will be resistance to the new ideas th Continue Reading...
Too many leaders today do not see much as necessarily bad or good, and they simply go through their life without realizing there is so much more out there to be done and seen, just like the people in Plato's Cave. They have blinders on -- some of w 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...
Triangle: The Fire That Changed America by David Von Drehle. Specifically it will contain a commentary on the book, and discuss the theme of the book that even though the city and the country mourned the victims, it took over 100 years for them all Continue Reading...
S. through even 2009. The exponential growth of Indian outsourcing companies who have expertise in Business Process Management (BPM) have correspondingly seen an increase in their business, as many smaller American publicly-held companies do not have Continue Reading...
An excellent example is Enron, which collapsed as a result of its own internal greed and evil. The corporation was successful globally, and so, when it failed, it touched workers all around the world, leaving them jobless. It is also well documented Continue Reading...
For any hospitality services business to attain the role of trusted advisor they must consistently keep these elements of the proposed Services Expectation Model synchronized with each other. The approaches companies take to create Cooperative Adva Continue Reading...
Worse Than Watergate All students are familiar with the creed of the X-files, a popular recent science fiction television show that instructed its viewers, young and old, to 'trust no one.' At the time this motto of secrecy and distrust, particular Continue Reading...
Ethics Training for Employees "Recently we have become aware of massive fraud and abuses that are tolerated and even encouraged by executives in large and formerly reputable organizations" (Lee, 2004). The Enron scandal sent ricochets through corpo 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...
Management Accounting The IMA statement of ethical professional practice begins with the overarching principles of honesty, fairness, objectivity and responsibility. The statement consists of four standards, these being competence, confidentiality, Continue Reading...
Ethical Leadership Given the recent crash on Wall Street and the housing market symbolized by corrupt financiers like Bernard Madoff, ethical and moral leadership of corporations has become a major issue for those who study the American capitalist s Continue Reading...
Ethical ChallengesTable of ContentsIntroduction: Impact of accounting on corporate performance 1Ethical Challenges Faced to Maintain Cost Accounting 1Ethical Issue in Cost Accounting 1What are the Factors that Influence Ethical Behavior in Cost Accou Continue Reading...
Discussion and Responses1aI think the most relevant area in a Code of Ethics today is that regarding respect for persons and not engaging in harassment. Since the #MeToo Movement began, a lot of focus has been on making sure people are not abusing th Continue Reading...
Erin Brockovich directed by Barry Sorenson. Specifically it will discuss technological systems and ethics throughout the film, and their implications for society. Erin Brockovich is a disturbing drama about ethics and ethical issues in society. It c Continue Reading...
It basically approves of just about any behavior as long as the company survives, and that is music to many people's ears. Machiavelli's advice has little to do with "do unto others as you would have them do unto you." He writes as a man of science 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...
All departments: marketing, production, distribution, sales, customer service should be trained for ethics. Company should become the flag bearer of equal employment and diversity as some measure has already been taken by the management. It is not j Continue Reading...
crime doesn't pay sometimes is a whole point which can't be applicable, especially when you're trusted with the management of multi-billion dollar corporation, and to be in charge of the well -- being of thousand of people. It's so difficult to crim Continue Reading...
This is why those service providers to other businesses often stress customer results in the core industries they compete in. These customer successes show the depth of expertise in a given area. These success stories make services tangible to custo Continue Reading...
Social responsibility is subject of considerable debate. For not-for-profit organizations, their responsibility is defined by their mandate. Their donors set this mandate, or at least they accept it. It is actually not much different in for-profit en Continue Reading...
Unethical Practices at Enron Enron was a company that imploded in the early 2000s after a public scandal involving its accounting books and organizational leaders. The unethical practices at Enron were essentially accounting fraud. LAX market regula Continue Reading...
First, ethical responsibility at the level of executive and boards of directors must establish formal ethical policies and guidelines. However, it is equally important that middle management sincerely promote the values and formal policies designed Continue Reading...
Ethical behavior of a person or a corporation greatly affects the stakeholders with which that person is involved. Often, people and companies take serious consideration when it comes to those stakeholders, and they work to take good care of the peop Continue Reading...
However the problem occurs when the person purchasing at the shampoo at supermarket becomes a reseller and offers it with a small discount to the elite buyer. This kind of price discrimination is common but it can become illegal if it violates the p Continue Reading...
However, they have also changed the face of the accounting profession in a way that will affect the education and conduct of accountants in the future. In the future, the accountant will have to do more than to balance the books. In order to underst Continue Reading...
Paradox of Power in CSR (Bundy, 2008) Existing literature indicates that power increases associated with CSR yield positive benefits to stakeholders, particularly shareholders. The findings from the MNC case study analyzed in Bundy (2008) are in pa Continue Reading...
Labeling white collar crime is a mystery. A shared misapprehension of white collar crime is that, like pornography, it is hard to describe, however a lot of people would recognize it when they understood it. The only thing concerning white collar cr Continue Reading...
" (Bawer, 2005) Thus, culture and a higher cost of going out both come into play. Europeans have more health care and social services than Americans, but they still also pay more in taxes. True, they have better public transportation as well -- but g Continue Reading...
With respect to cash flow, many firms rely on revolving credit to smooth out the cash flow inherent in their businesses. Under normal circumstances, this credit is available. However, when it is not available, firms need to figure out new ways to c Continue Reading...
