...2/26/2012 WEEK 1 INTRODUCTION: INTRODUCTION: MANAGERS AND PROFESSIONALS AS LEARNERS COMM5001 Dr. Lu (Nick) Wang Overview 2 Introduction What is BCEP and Why? Course outline Structure Expectations Requirements Managers and professionals as learners Introduction: Who is this man? 3 Dr. Lu (Nick) Wang, M.B.A., Ph.D. Lecturer School of Organisations and Management Australian School of Business Room 540, ASB nick.wang@unsw.edu.au 9385-6886 (office) Consultation Hour and Location Tuesday 16:00 – 17:00 pm, Room 540, ASB 1 2/26/2012 What is BCEP and Why: What Do Employers Want? 4 Top 4 issues occupying the minds of senior management: 1. 2. 3. 4. Continuing professional development Communication skills Personal skills Values and ethics Barker & Sarros (2002) Korean Airlines Boeing 747 5 Guam, 228 out of 254 on board were killed. August 6, 1997 1 reason for the crash – culture and communication style Avianca Airlines Flight 52 6 Coveneck, NY: 73 out of 158 killed (January 25, 1990) 2 reasons: language barriers & non-assertive behavior 2 2/26/2012 7 BUSINESS COMMUNICATION!!! (BC) Which high-profile company is this? 8 This company… made large donations to politicians influential in regulating its industry. benefited from the changes in regulations. Inflated its financial statements via complex...
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...Ethical Breeches and the Current Corporate Environment Gretchen Tyler Dr. Alfred C. Greenfield, Jr. Strayer University ACC 557 Financial Accounting July 20, 2013 In recent years, there have been many ethical accounting breeches in large corporations that ended up costing investors and employees of the corporations a lot of money. Enron was a major player in many breeches, and ultimately was one of the key players for the SEC creating new guidelines and punishments for fraudulent behavior, the Sarbanes-Oxley Act. As of today, with the SOX act put in place for almost 11 years, there are still corporate breeches, Chesapeake Energy, Wal-Mart, Green Mountain Coffee, and Groupon are among the most recent (Rogers, 2012). I believe the SOX act helped prevent a lot of accounting illegalities and helped to protect the shareholders, but ultimately the act is not strong enough or covers enough to prevent it all. While more accountability is definitely held with the CFO, and CEO of corporations, as well as with outside accounting teams, the SEC is not going forward with investigations regarding independent CPAs or accounting firms (Benston & Hartgraves, 2002). Chesapeake Energy is a clear example; the CEO had taken out $1.1 billion in loans funded by Chesapeake in return for stake in the company (Driver & Grow, 2012; McKenna, 2012). The SEC has rules against taking out loans for stocks, but because it does not mention any areas related to stake in the company, it falls in a grey...
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