The examples cited by Thomas and Smith (1997) are the political concern with discrimination in insurance pricing, leading to numerous papers on underwriting; and proposals to change accounting standards for pension costs, leading to a flurry of effo Continue Reading...
Audit Quality and Agency Cost Since the advent of industrialization, there has been the presence of a bond between the people who invest and the people who manage those investments, forming a vital relationship amongst the two groups. Although with Continue Reading...
However, there has also been hesitation within government to challenge auditors too aggressively. Because accounting scandals have the power to wipe out a major auditing firm, there is considerable sentiment that the existing industry structure nee Continue Reading...
According to Harvard's student handbook, people who conduct the hazing practice will be held responsible for what happens even though it happens to a lot of people, which indicates it id a standard process (Preventing Hazing at Harvard). People wil Continue Reading...
Business Ethics Recent high profile bankruptcies in the U.S. corporate sector such as the ones filed by Enron, WorldCom, and Global Crossing in 2001 have highlighted the importance of financial ethics in business since lack of ethical practices were Continue Reading...
automated age, human capital is very important in any company. In corporate organization, the significance of recruitment and the retention of human capital (HC) is critical in order to create the ongoing innovation required for a firm to be success Continue Reading...
It includes a worldview that embraces "corporate social entrepreneurship...the transformation of socially responsible principles and ideas into commercial value." This is to say that leaders need to understand how responding to their "civic duty" me Continue Reading...
Ethical Dilemmas & Marketing Ethical Dilemmas Ethical dilemmas in international marketing Background of Marketing Ethics Ethical Issues in Marketing Modern Debate in Stakeholder Theory Ethical Theories Teleological Theories Virtue Ethics Continue Reading...
Whistle Blowing Introduction and History of Whistle Blowing Whistle blowing is the revealing of immoral, illegal or illegitimate deeds to authorities. The authorities may be insiders or from outside the affected organization. Many cases of whistle Continue Reading...
The passive style is described as management by exception where employees do not receive notice for their positive contributions to the organization, but instead are paid attention by their manager only when an error or problem arises. Punishment or Continue Reading...
The less direct the impact, the more likely the stakeholder is to use consequentialist considerations to just the actions of managers. For example, government did not react to the need for improved governance and pass Sarbanes-Oxley until after mult Continue Reading...
The statement regulating accounting for stock-based compensations defines a fair value-based method of accounting for an employee stock option or similar equity instrument and encourages all entities to adopt that method of accounting for all of th Continue Reading...
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...
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...
As Geisel (2004) notes: Income-tax deductions are worth the most to high-bracket taxpayers, who need little incentive to save, whereas the lowest-paid third of workers, whose tax burden consists primarily of the Social Security payroll tax (and who Continue Reading...
Business Leadership Analysis: Richard Branson Introduction Richard Branson rose up from obscurity in England to become one of the most revered business leaders in the world. From a small record shop in London to an independent record label that signe Continue Reading...
Systems Perspective, Organizational Behavior Perspective, and Organizational Development Perspective. I have discussed how the three theories apply to my leadership style and how they relate to my definition of leadership which is the betterment of Continue Reading...
(Kleekamp, 2005) The agreement between all the countries at Kyoto had clearly specified that all countries were to cut down on their release of heat trapping gases by 5.2% from the levels that they had reached in 1990 by the period of 2008 to 2012. Continue Reading...
Auditing; Topic: Materiality in Auditing With respect to the field of auditing, materiality is a critically important concept addressing the significance of discrepancies, amounts, and transactions. Specific materiality guidelines are required in a Continue Reading...
Two examples of how pressure impacts a global leader's performance.From global leaders of publicly traded companies, pressure can be an enormous incentive to mislead or obfuscate financial performance. For many publicly traded companies, Wall Street 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...
Meta-Analysis When it comes to the Volkswagen scandal, the real cost in human terms could be sixty or more premature deaths, according to an environmental study reported in Time. The 482,000 dirty diesel Volkswagen engines (sold in the U.S.) spewed Continue Reading...
Human Nature and Conduct: An Introduction to Social Psychology In Human Nature and Conduct, John Dewey propounds the theory that all human conduct is the outcome of an interaction between elements of human nature and the environment, both natural an Continue Reading...
Introduction Leadership is one of the most important needs in any organization. Leaders provide guidance, support, vision, direction, decision-making, and accountability. They inspire workers and help to motivate them by fulfilling their needs and in Continue Reading...
A significant amount of the early cross-sectional studies with the DIT examined the developmental indexes of age and education (Rest, et al., 1999). Based on this prior research resulting in 5,714 participants, Rest (1979) reported that the typical Continue Reading...
4) II. Peter Senge - the Learning Organization Peter Senge, who describes himself as the "idealistic pragmatist" states that learning organizations are: "...organizations where people continually expand their capacity to create the results they tr Continue Reading...
Part 1 History of Modern Leadership Studies Since 1900 The evolution of modern leadership studies begins with the Great Man Theory, which originated in the 19th century and carried over into the 20th century. It came about as people looked at the wor Continue Reading...
83). Let us go through these arguments. The first argument does not suggest that a person involved in business should disregard any ethical obligations. One can economically survive in business without violating the norms of morality. Moreover, as 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...
In contrast, within the firm, the entrepreneur directs production and coordinates without intervention of a price mechanism; but, if production is regulated by price movements, production could be carried on without any organization at all, well mig Continue Reading...
Organizational Ethics Ethics In life and in business, there are situations that challenge, question, and test an individual's set of personal and professional ethics. Ethics is a crucial element to sustain a society as well as an organization. Thi Continue Reading...
Theory Help You to Make Sense of Your Own Organization and the Management Practices in Your Organization? Too often, individuals get an idea stuck in their heads and they cannot dislodge it no matter how hard they try. In actuality though, most peo Continue Reading...
Responsibility Project Responsibility in Business: No Bad Brownie The importance of business ethics has been sharply and repeatedly highlighted by many event s over the past decade or so, from the series of scandals at the turn of the century (Enro Continue Reading...
It is an interesting topic, as Enron has often been studied in terms of the complications it posed for the economy, investors, and accounting law, but not so much as an organizational breakdown of communications (at least not so far as I am aware). Continue Reading...
Consequentialist and Deontological Ethical Issues. Consequentialism states that the morality of an action is determined by the specific results of that action. Deontology, on the other hand, states that the morality of an action is determined by du Continue Reading...
