Corporate Accountability The corporate scandals of the last fifteen years have brought the issue of corporate accountability to new light, adopting at times a center-stage discussion. When the Bernie Madoff scandal broke, many professionals turned Continue Reading...
Blue Collar vs. White Collar Crime There are many distinctions that can be made regarding different types of crime, but people seem to like to make simple distinctions so that they do not have to think about it too much. So, crime can easily be bro 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...
(Vital Information for Stock Market Investors! What Every Investor Needs To Know) Regarding increases in the stock market, one has seen in the past that rises take place over a long-term, but the terms are very long. When the Dow crashed in 1929, i Continue Reading...
Corporate Governance When a merger the size of the AOL Time Warner merger takes place and then disintegrates, it is time to look for what went wrong. Both companies were regarded as important in their fields; both had been successful, one for many y 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...
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...
Cass Sustein's Politics By Other Means, which was published in New Republic in 2002; Mark Green's The Evil of Access, which was published in The Nation in 2002; Bill Moyers' Journalism and Democracy, which was published in The Nation in 2001; Anthony 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...
Since, this one lacks structure means that many employees can become confused about their responsibilities. Once this occurs, it can often lead to employee issues, where this confusion can become an issue of contention between the staff and manageme Continue Reading...
(Lenzner, 2008) When scrutiny revealed that Madoff has for years fabricated these returns as a way to court wealthy investors, his would prove to be both the largest of such scams in history and demonstrative of the ethical void defining today's cor Continue Reading...
One aspect of the ethics of electronic communications is that people feel an insular autonomy, not necessarily true but implied by the format and that often times people chose to communicate at many times of the day and night, sometimes regretting t Continue Reading...
Another expample, as Dahlin (2007) notes, WorldCom was in the heart of one of the largest accounting scandals in history. Add to this the Wal-Mart effect of business in general, with companies having to compete with Wal-Mart's low costs, made possib Continue Reading...
Where individual taxpayers are concerned, the abstruseness and complexity of filing one's taxes can have the impact of obfuscating the legal imperatives driving one's filing obligations. This means that an individual may report his or her taxes inac Continue Reading...
In the face of industry or leadership standards which may divert from a sense of personal ethicality, Merrill suggests that it must largely fall upon the individual to find an ethical and professional compass. The belief presented here by Merrill t 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...
They will also examine the importance of ethics classes in college. They will pave the way for future research into actions that can be taken to address the problems that currently exist within the accounting profession. They will play an important Continue Reading...
Wall Street Compared to what it looks like and implies today, Wall Street had relatively humble beginnings. Its towering skyscrapers and art Deco architecture, its digital tickers and wireless waves resemble little the original New Amsterdam road. N Continue Reading...
moral relativism in business want to design a car. The car needs to be light weight, and at the same time powerful, safe, and fuel efficient. As my engineer works at his drawing board, the results of field tests and mathematic equations come back tha 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...
Traditional Budgetary Model Organizations have for a long time been using budget as the main tool in management control. Using budget control as the sole method of management control has several demerits. Budgets, for example, cost a lot to prepare. Continue Reading...
Sunbeam Corporation's fraudulent accounting for its financial years 1996, 1997 and early 1998. The essay also reviews the historic audit failure that occurred, and discusses factors that contributed to the scandal and ways in which it might have bee Continue Reading...
This was because they were seeing one of their primary competitors (Travelers) merging with Citicorp (which created a juggernaut of: insurance, banking and brokerage activities). At which point, executives at AIG felt that in order to: maintain thei Continue Reading...
First, the decreasing subscription of land-line telephone service due to the proliferation of cellular technology. Since 2001, there has been a steady decline in market share of land-line telephones as more and more users chose to use cell phones as Continue Reading...
Black Tuesday) Stock Market Crash of 1987 The purpose of this report is to discuss in detail the stock market crash of 1987. The stock market is supposed to fluctuate from day-to-day. But this account will delve into some of the less obvious reason Continue Reading...
Business Ethics and Morality Many in the business and sociology fields have attempted to separate the ideas of ethics and morality from religious beliefs. Researchers have worked hard at identifying the principles which hold our societies together f Continue Reading...
fall 2007, the United States economy was rolling along in a healthy fashion having enjoyed 24 consecutive quarters of positive Gross Domestic Product growth. The Standard and Poors Index was over 1,500 and unemployment was below 5%. There was essent Continue Reading...
Jet again this is one of the fundamental lessons of ethics, and that is when the balance of advantage leans too far to one side, unethical advantage occurs (Josephson, 2010). This was a tough lesson to learn for AIG as it was the catalyst of salary Continue Reading...
The enactment of the Sarbanes-Oxley Act has brought exponentially higher costs of operating to every organization that must comply to its requirements. As many organizations are already quite lean in terms of headcount to minimize costs, many outsou Continue Reading...
Corruption/Ethics in Business Since the End of the Cold War The Cold War in essence refers to the fierce and open rivalry that started to develop between the United States of America and her various allies, and the Soviet Union and all her allies, a Continue Reading...
21st Century Leadership What does leadership mean today? The 21st Century environment presents totally different challenges and needs from the previous centuries with regards to leadership. Studies have shown that emotional and social intelligence a Continue Reading...
However, when it comes to health-related issues, I do not believe that subjective personal impressions and feelings can influence one's ethical decision-making. The evidence is clear that smoking is harmful to the smoker, and also to the person who Continue Reading...
The first three organizations in line to recuperate their funds were Citigroup, J.P. Morgan and General Electric Group. They had been offering financial solutions and encouragement to purchase the WorldCom stock based on a favorable business relatio 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...
(Southwest Airlines Corporation) The employees are always put first at Southwest Airlines, and according to the CEO Herb Kelleher, who was responsible for founding the company Southwest Airlines, the philosophy that employees come first is deeply e Continue Reading...
Terrorist Attacks on New York City Consumer Behavior and Risk Terrorism and Consumerism in the Melting Pot How has September 11 Impacted Americans Economic Impact of terrorism Outlook for the New York Economy Examination of the Effects on Busi Continue Reading...
Therefore the international agencies have recommended certain laws and regulations which try to bridge both the parties, and avoid any tussle or clash of interest. According to the proposed laws, the countries and ruling authority should seek quarte Continue Reading...
Negotiation for Delta Airlines The situation in the airline industry was already in trouble long before September 11, 2001. Major airlines like Delta was pursuing bankruptcy as an option to fight off organizational collapse caused by reduced traffi Continue Reading...
Movie Industry in Downloading Movies Practicality The idea of providing movies for download over the Internet would be an extremely practical acquisition. In fact, Walt Disney Corporation and Sony Pictures have entertained the idea of allowing mov Continue Reading...
Kodak Eastman Kodak was once the dominant player in photography, as a maker of film in particular, but all other ancillary photography products as well. The advent of digital cameras put the nail into the coffin of this business, which had already b Continue Reading...
