Olympus Scandal The Olympus corporate governance and accounting scandal is and should be considered one of the largest business scandals in the history of business and the modern world. It is right up there with Enron (and in some ways worse) than t 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...
Sopranos-APA Citation The Sopranos and Society Part I (Answer to Question #1) The Sopranos, the author argues, is a reflection of a moral code which is prevalent in American society. This code, based on a twisted version of the American Dream, bas Continue Reading...
corporate form of "the business corporation," its structure, prerogatives, and procedures, leads to ethical problems arising, or being difficult to resolve. Ethics in business has always seemed to be a struggle, because the main purpose of a busines Continue Reading...
It can be argued that from a responsibility standpoint, it is only money and can be replaced. Therefore, the risk associated with the actions of the manager do not compare with other professional fields. It would appear that licensure is not necessa Continue Reading...
Employees Accepting Gifts The objective of this paper is to analyze the impact of the practice of employees accepting gifts in organizations. Accepting gifts has been a major controversial issue because of the different perceptions among different s Continue Reading...
PENALTIES - CIVIL & CRIMINAL There are statutes that impose penalties both civil and criminal for government contractors who commit fraud, waste or abuse. Some of those statutes are as follows: False Claims Act; False Statements Act; Forfeit Continue Reading...
Management v. Auditors Responsibility Responsibilities of Management and Auditors & the Public Perception series of high-profile business melt-downs in 2001, led by the Enron scandal have put the roles and responsibilities of the corporate manag Continue Reading...
Corporate Governance Explain how external auditing helps ensure good corporate leadership Corporate leadership is simply the processes and policies via which a firm manages its traditions, finances and institutions. Corporate leadership is importan Continue Reading...
Corporate Social Responsibility and the Triple Bottom Line: Why Distributive Justice Matters More Than Accounting Tricks That multinational corporations have an ethical duty to be socially responsible has been made very clear by businessmen and soci Continue Reading...
Team Building Training Proposal Table of Contents Introduction 2 Training Program 2 Methodology 3 Rationale 3 Proposed Lesson Plan 4 Objective 4 Time Length 4 Class Audience 4 Materials Required 4 Evaluation 4 Lesson Outline 4 Conclusion 5 References 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...
Spencer's Model of Staff Development This essay attempts to analyze the strengths and weaknesses of the Spencer model of staff development as it pertains to my work environment in the retail jewelry business. In other words, by understanding the f Continue Reading...
Coombs and Holladay (2007) Coombs and Holladay use the support of the professional literature to find an explanation to the importance stakeholders came to play in their role with the management. Their next movement is back to history, this time de Continue Reading...
The Sarbanes-Oxley Act (SOX) (2002) was passed into law specifically for this reason. Unlike Unilever attempting to use governance to supplant and eventually replace the triad missions of Ben & Jerry's, many corporations including Enron, MCI, Ty Continue Reading...
Organization Theory and DesignAbstractThis paper explains the various theories of organization and design by looking at historical theories, modern theories, symbolic theories and postmodern theories. It then compares and evaluates six major concepts 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...
Regulatory Measures The history of business and government excesses and the subsequent public, legal and political reaction is quite a long one and the response to criminal misconduct has led to governance practices, legal sanctions, compliance stan Continue Reading...
The investors got intoxicated by fraud happened to them because of greedy people. Thousands of employees left as the stock market went to the peak but most of them left their jobs due to low pay as well. (Kerry Hannon, July 6, 2005) bill was passed Continue Reading...
Global Financial Crisis Since the early 2008, financial institutions started to go through chaos all over the globe. The stock markets were beginning to crash, businesses were shutting down, and investors were losing their money. This was to indicat Continue Reading...
Additionally, it has been observed that whenever companies implement strategies of CSR, they do this not out of individual choice and desire, but as a result of imposed legislations. "All of these decisions are made under the mandatory legal rules Continue Reading...
Sarbanes-Oxley Act Evaluating the effectiveness of the Sarbanes-Oxley Act The Public Company Accounting Reform (PCAR) and Investor Protection Act (IPA) was established in mid-2002 by the congress with the emergence of unceremonious scandals in acco Continue Reading...
Ethical Position The letter is addressed to Mr. Gross, founder of the Idealab Corporation and therefore one of the chief parties involved in the scandal being discussed. The writer of the letter is obviously displeased with the way that Mr. Gross ha Continue Reading...
125). The use of case study examples is a brilliant tool for making the reader believe that white-collar crime is indeed something that needs to be addressed on a macro rather than a micro level, because the people injured by fraudulent accounting an Continue Reading...
One study indicates that "Although fast food provided one-third of some respondents' daily caloric intakes, those meals included almost no milk, fruit or fruit juices, which are important nutrient sources among key food groups. In fact, as the frequ 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...
The workers had essentially no recourse if the Thai government was not willing to prosecute their case. The baby formula case does not likely result is illegal actions, but some of the marketing practices undertaken by Nestle can be considered unla 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...
Moral decisions in business are best served by adhering to the ethical code of rule ultilitarianism. Rule utilitarianism provides a workable code for businesses, especially in the wake of the Enron and WorldCom financial scandals. By adopting rule ut 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...
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...
As stated in the AICPA code of conduct, the accountants need to put aside their own points-of-view and use the unified school of thought that is presented in the code. This means that the accountants should work on a deontological perspective since 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...
Fannie Mae Scandal Fannie Mae is the second largest government sponsored U.S. financial institution engaged in mortgage finance after Citigroup Inc. An investigation lasting for eight long months by the Office of Federal Housing Enterprise Oversight Continue Reading...
In other words, there is no ability, under Kant's guidelines, for one to exclude themselves from the duties that human beings under this standard are all held to. The belief that looking the other way in terms of ethical standards cannot hurt the g 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...
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...
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...
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...
