Premium Essay

Ethical Dilemma at Northlake.

In:

Submitted By MEKA717
Words 1649
Pages 7
Synopsis

Throughout the last 10 years Frank has worked his way up the corporate ladder of Amalgamated Forest Products where he now holds the title of manager of corporate reporting. With help from his manager and mentor Jim McIntosh, the vice president of finance, he earned his Certified Management Accounts (CMA) certificate and has enjoyed a comfortable life with his wife and three children. His head is now positioned on the chopping block and he could suffer major losses if he does not conform to the company’s expectations of him.

He is resisting pressure from top management to allow a vital document to be submitted to a legislative committee regarding the company’s business procedures and financials. He feels the financials are highly inflated and will cause serious problems for the company in the future. Frank feels the report is shrouded in unethical conduct. “Endangered Species; The Pulp and Paper Industry in the Upper Peninsula” is a report prepared by Amalgamated Forest Products’ Tina Pacquette, in response to new government legislation requiring pulp and paper mills to change the way they dispose of waste materials. The government is proposing a more environmentally safe way to dispose of the waste materials by forcing the industry to implement emission controls.

Jean Letourneau, the 60 year old company president of Amalgamated is the appointed

industry spokesperson and will appear before the legislative committee. Under oath, he

Week 3 Case Study #1 – Ethical Dilemma at Northlake

will testify to the report’s legitimacy. Jean agrees with the report and feels having to build a lagoon for wastewater treatment will be to the detriment of his company and the industry will suffer even further in this already declining market. He feels the situation should not be regulated by the government. Instead it should be handled within the confines of

Similar Documents

Premium Essay

Ethical Dilemma at Northlake

...“Ethical Dilemma at Northlake” Week 3 – Case Study # 1 Synopsis: The case begins with Jim McIntoch the vice president of finance of Amalgamated Forest Products having a conversation with Frank the manager of corporate reporting. Jim is upset with Frank and is confronting him about the decision he’s made about going public about a financial analysis report that Amalgamated Forest Products will present to the legislation. Frank is stating that the report is falsifying information about the how much the operating cost would be if the company would need to establish pollution control of the discharge of wastewater. Jim is extremely upset and basically threatens him about ruining his career as well as the company if he were to go public with this. Franks response to him begins apologetic about his decision but explains to him that both of them know the report is incorrect and has no real founding facts. Jean Letourmeau the company president is scheduled to testify to the findings of the report in front of the legislative subcommittee in the following week. The report which was titled “Endangered Species: The Pulp and Paper Industry in the Upper Peninsula” had a specific area in which the five pulp and paper companies in the region helped develop the report, however Amalgamated Forest Products took the lead on creating this report. The company had three major mills in the areas in which the government had proposed the pollutions controls to be done in. It also had faced...

Words: 1898 - Pages: 8

Free Essay

Ethical Dilemma at Northlake

...The story opens with Jim McIntoch who is the Vice President of Finance at Amalgamated Forest Products. He is engaged in a heated conversation with Frank who is the manager of Corporate Reporting. Jim is upset because he has been told that Frank is intending to go public regarding a financial analysis report that the company is presenting to legislation and how it has been falsified. Frank is threatening to announce findings about a report entitled: “Endangered Species: The Pulp and Paper Industry in the Upper Peninsula,” The report described what the Amalgamated Forest planned to do about the government proposal to put sewage controls on the discharge of waste water from the pulp and paper mills in an ecologically delicate region, Northlake, a town of roughly 10,000 people. Within the report there was a particular section that contained financial estimates on how much would be spent in operating cost if the company was to establish pollution control of the wastewater discharge. This section of the report was prepared by Tina Pacquette, the company’s manager of financial analysis. She had reported that the company would suffer a great financial loss if they were to build a lagoon as legislation would require for treating the wastewater. Frank realized that the numbers Tina was reporting were greatly exaggerated and almost tripled what she had reported a year ago. The report stated that if the legislation was to pass then the operating cost that Amalgamated Forest would...

Words: 1239 - Pages: 5

Free Essay

Case Study

...Ethical Dilemma at Northlake Synopsis: The story begins with Jim McIntosh, Vice President of Finance at Amalgamated Forest Products. He is involved in an intense discussion with Frank who is manager of Corporate Reporting. Jim McIntosh is troubled because it has come to his attention that Frank is prepared to go to the public regarding a falsified financial analysis report that is being presented to legislation. Frank firmly believes that that the financial estimates contained within the report “Endangered Species: The Pulp and Paper Industry in the Upper Peninsula” is seriously exaggerated and will cause the company financial problems in the future. Frank personally feels the report is unethical. The report spells out what Amalgamated Forest’s plan is in response to the government’s proposal to place sewage controls on the discharge of waste water from the pulp and paper mills in Northlake, a town home to around 10,000 people. The section of the report that Frank is referencing was prepared by Tina Pacquette, Manager of Financial Analysis. Tina’s reported that Amalgamated Forest Products would suffer great financial loss if they were to build and implement a lagoon as legislation was proposing. The numbers Tina was reporting were almost three times the amount that was reported the year before. Frank knew that if legislation passed then the operating cost would rise about eight to ten percent; however, Tina’s report stated it would be about thirty percent. Frank...

Words: 1466 - Pages: 6

Free Essay

Pr Motorcycle Till We Meet Again

...12/13/2015 MBA case till we meet again ­ CASE: PR MOTORCYCLES: Till We Meet Again 1.   MBA case till we meet again - CASE: PR MOTORCYCLES: Till We... Home  Southwestern University (Philippines), Cebu City  MBA  MBA 503  MBA case till we meet again 1 of 2  Download Document  This preview has blurred sections. Sign up to View Full Document  CASE: PR MOTORCYCLES: Till We Meet Again 1. What, if any, did the president fail to do? This is an issue of ethical management. Managing employees can be a daunting prospect. Many business owners started their businesses because they wanted to be their own boss, but what happens when there is a conflict of your interest versus the company policy – what kind of leader will you be, how will you juggle your business and the regulatory requirements of being the boss? While great leadership is often measured by your ability to lead and mentor your employees, it’s also important to remember that as an employer and manager you are required to treat all employees equally and fairly. This is something that Mr. Pedro Reyes failed to do when he took the responsibility that Ms. Amelia Rivera should have done as the head of the HR department. It was a gross disrespect on the part of Ms. Rivera. Mr. Reyes could have allowed Ms. Rivera to take action on the matter as it was the latter’s responsibility. https://www.coursehero.com/file/12214602/MBA­case­till­we­meet­again/ 1/7 12/13/2015 MBA ...

Words: 850 - Pages: 4

Free Essay

Gmat

...GMAT GRADUATE MANAGEMENT ADMISSION TEST McGraw-Hill’s 2008 Edition James Hasik Stacey Rudnick Ryan Hackney New York | Chicago | San Francisco | Lisbon London | Madrid | Mexico City | Milan | New Delhi San Juan | Seoul | Singapore | Sydney | Toronto Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. Manufactured in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. 0-07-151120-2 The material in this eBook also appears in the print version of this title: 0-07-149340-9. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw-hill.com or (212) 904-4069. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights...

Words: 234594 - Pages: 939