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...
Training is part of this process, so that people explicitly understand the ethical culture of the company. Ethical cultures tend to be self-perpetuating because the people within the organization will hold themselves and their co-workers accountable Continue Reading...
Goffer made over $300,000 from the illegal deal. As the case expanded, 13 others were also charged. Altogether, they had acquired approximately $40 million or more in profit during the years 2006-2009 (Krantz). And the list could go on and on. Conc Continue Reading...
In the company it has ushered in a better accounting and the management with upgrades in technology and competence, there will be a requirement for training and upgrading managers and staff to meet the contingencies of the proposed systems and contr Continue Reading...
For example, mergers and acquisitions are perceived as the latest fashionable trend to grow the company market share and profitability due to synergies affect. But as the practise has shown, out of the latest mergers, about 75% did not perform as th 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...
Unethical/Criminal Conduct following the Equities Market Crash 2000 to 2002 This paper is a discussion of the identification and analysis of unethical and criminal conduct following the equities market crash from 2000 to 2002. The paper begins with Continue Reading...
This would help to protect those people who invest in these kinds of companies, and also help them feel safer in doing so. In addition, it would protect the people who work for these companies so they could be less concerned about whether they will Continue Reading...
. What do you think about the notion presented by Terris that Lockheed\\\'s ethics program does little to prevent ethical breaches at the highest level of the organization?I somewhat agree with the notion present regarding Lockheeds ethics program. A 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...
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...
4. Decision and Defense against Weaknesses The Coca-Cola brand is already a strong one, but the company's involvement in unethical behaviors has negatively affected it. In order to decide upon the most favourable courses of action to be implemente 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...
Corporate Social Responsibility Programs Corporate Social Responsibility (CSR) programs are effective forms of management that directly and indirectly impact the "social, environmental and economic environment in which" the corporation functions (C 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...
This is too simple a solution. An analysis of the corporate strategies shows that the flaw in the lack of any ethics in the formulation of these strategies is greater the culprit and the corporate executives that were responsible for the development Continue Reading...
Leadership models and traits An analysis of how cultural style dictates the perception of what is ethical in a leader's use of power, influence, and authority. Ethical leadership models function as implements for curating organizational culture. 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...
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...
Greedy Individuals Have a Survival of the Fittest Mentality? It is first necessary to discuss where the saying "survival of the fittest" comes from and then apply it to the concept of greed. Charles Darwin was a keen observer and naturalist who too 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...
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...
Sociology: Changing Societies in a Diverse World (Fourth Edition) George J. Bryjak & Michael P. Soroka Chapter One Summary of Key Concepts Sociology is the field of study which seeks to "describe, explain, and predict human social patterns" fr Continue Reading...
Business Ethics The issue of business ethics has been front and center for over a decade, following on the heels of the accounting scandals that led to the passage of the Sarbanes-Oxley Act. That those scandals came in such rapid succession and occu Continue Reading...
Literature Review, Analysis and Discussion 7,500 words This section presents a review of the recent relevant peer-reviewed and scholarly literature concerning environmental sustainability in general and how environmental sustainability initiatives 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...
There is nearly a constant influx of new technological developments in this industry as well, which only makes the task of staying current with them all the more challenging. The intent of this paper is to describe how Blizzard would be able to stru Continue Reading...
In addition, the researchers found that on three of the four dimensions, the salespeople were ethical in their conduct, including the use of moral reasoning in the service of both prospects and customers. The only dimension to not test statistically 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...
Corporate social responsibility and business ethics have become the focus of an increasing amount of attention from the business sector and academicians following the scandal-ridden era of Enron and others during the 1990s. Although the findings from Continue Reading...
Sutherland was quite critical of why some crimes were defined as deviant, while society appears more tolerant of other transgressions. For example, individual theft is seen as causing great harm, while the harm caused by illegal pollution and the d Continue Reading...
Globalization is a process that is mostly invisible but materializes itself in newly formed behaviors and trends that represent cultures from around the globe. In other words, it is the planet learning about itself in many new ways. Technology and ra Continue Reading...
Ethics The employee is faced with ethical requirements throughout their workday that must be met with knowledge and a trained attitude. Workplace ethics is one of the most crucial elements whether the person involved in an ethical dilemma is a high- Continue Reading...
Literature Review: Team BuildingAbstractTeam building is a process that can be explored in a range of ways and settings. From the Korean Army to a pilot program using an escape room to help a dozen diverse team members come together as a single unit Continue Reading...
Response to Self-Regulation Proposal Standards and Culture in Self Regulation Introduction The pitfalls of self-regulation are not unknown: object lessons abound in Tyco, WorldCom, Enron, Arthur Andersen, and several others (Pritchard, 2003). What to Continue Reading...
The article concedes, however, that declining business confidence is an absolute danger that must be dealt with and the government not being an active partner with businesses and in favor of the recovery will just make things worse (Pollin, 2010). Continue Reading...
However, when a shock happens that changes that pattern, the information is no longer relevant. In periods of turmoil, only the most up-to-date information is relevant. The usefulness of the information wanes quickly as the behavior of the company b Continue Reading...
Nevertheless such mandatory disclosures presume that people can and will cognitively appraise such disclosures as against to higher noise trading. In the light of realities of emotional regulating, the SEC in general and its compulsory disclosure re Continue Reading...
