...Ethical and Legal Issues Merger of Company A & Company B Human Resources Management & Talent Development 07-04-13 Abstract In any merger, there are always legal and ethical issues involved. These issues have to be resolved in order to ensure a successful merger. It is the role of Human Resource personnel to ensure the code of ethics is used in legal and moral implications. The role of the Human resource manager is to create an ethical environment in which all employees are able to enjoy there inalienable rights. These rights will include the accessibility of information about the job, company, and there career and the right not to be coerced into situations. Maintaining these rights will help in reducing stress, establishing trust, increasing productivity and efficiency. This report will document the legal and ethical issues associated with a merger. It will also consist of a detailed implementation plan in resolving these potential ethical and legal issues. A plan for establishing an ethical work environment and resolving ethical and legal issues will be discussed as well. Identify Specific Legal and Ethical Issues involved in Mergers Recently the mergers and acquisitions of firms has become a major trend in business. In the process of mergers and acquisitions, the role of ethics and compliance has become a major step in ensuring success. A breakout session was held just recently on ethics and compliance in mergers and acquisitions. The panel, which featured...
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...Addressing international legal and ethic issues simulation summary Ann Tracy Law/421 8/6/2012 Boni Cherelle Some of the legal disputes in international transactions with Cad Max and Gentura the different laws, because laws are different from state to state and country to country. If you are in one part of the country and deal with someone outside the country there are so many legal issues that both parties need to get lawyers involved to make sure that everyone is getting there fair deal in this. What is legal in one part of the world or country is not necessary legal in the other part u are dealing with. When conserving to take legal actions against a foreign business partner that’s based in another country it is very important to remeber about their customers and their local cultures. They also have to follow their laws as they would if they have to follow ours if they came over here if we brake a rule or a law there than we would have to get punished for it the same way they would get punished if they broke any of our rules and laws. One factor is that Gentura in its financial best interest could violate their non-disclosure agreement then this could lead to someone to potentially sell Cad Max information. That would be easy to sale to their competors to sale to the one that will pay the most for it. Since there is so much completion out there it would not take much for someone to find someone to get a hold of some kind of information...
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...Business Ethics and Legal Issues Name: Course: Tutor: Date: Abstract Antitrust laws are the legislations by state governments aimed regulating the way in which trade and commerce is carried out. This is possible through the prevention of illegitimate price-fixing and monopolies and facilitating fair completion. The net effect that is felt by the consumer is the production of high quality goods and services at prices that are affordable to all. Additionally, the public welfare and interest are well protected because it ensures that their demand is met by the firms who are engaged in the sale of goods and services. This is achieved by the provision of an ample environment for businesses to experience fair competition resulting in good business practices in all industries in the United States. This is achieved by cultivating the culture and the belief that the economy, the manufacturers, and consumers should mutually benefit from the effects of free and fair trading (Mankiw, 2008, p. 7). In its bid to create fair business environment antitrust laws mostly try to minimize cases of monopolization by various firms which may intend to create it through any possible merging. When firms merge, they reduce the competition within themselves and the net effect is that one company controls the whole industry and makes any decision regarding the prices of the products that it handles. This is where the antitrust laws come in place in order to protect consumers...
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...Assignment 3: Required Assignment 3 –Calculating Financial Ratios George L. Burga Prof. Leon Grove Financial Management Argosy University October 03, 2015 * Download a company’s balance sheet and income statement from one of the many sites where financials are available, such as Zacks Investment Research or MarketWatch. * Choose five financial ratios, one from each of the five categories described in Chapter 3 of Brigham and Ehrhardt (i.e., liquidity, asset management, financial leverage, profitability, and market value) and look at them over a three-year period. Put your findings in a table with the years across the top (horizontal axis) and the ratios along the side (vertical axis). What do the findings tell you about the financial health of the company? How does your selected company compare to the industry? * Calculate each ratio using the information from the balance sheet and income statement. Balance Sheet | | | | | | | | Period Ending | 27-Sep-14 | 28-Sep-13 | 29-Sep-12 | | | | | Assets | | | | Current Assets | | | | | | | | Cash And Cash Equivalents | 13,844,000 | 14,259,000 | 10,746,000 | Short Term Investments | 11,233,000 | 26,287,000 | 18,383,000 | Net Receivables | 31,537,000 | 24,094,000 | 21,275,000 | Inventory | 2,111,000 | 1,764,000 | 791,000 | Other Current Assets | 9,806,000 | 6,882,000 | 6,458,000 | Total Current Assets | 68,531,000 | 73,286,000 | 57,653,000 | Long term Investments...
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...Saquoia Cox Professor Currie ACC647Z2 3 October 2015 Legal and Ethical Issues Business Owners Face Legal and ethical issues play a big part in the operation of a business for many owners. Business owners have to take into account many issues such as legal, regulations, safety, liability and brand of the company. Business owners must know their legal responsibilities and code of ethics, because they have to adhere to both when running a business. Many business owners face these issue everyday with changing regulations and laws, making sure that their reporting is ethical and up to standards. "Navigating all of the legislative and regulatory changes that occur throughout the course of the year can be challenging, taking business owners away from other important aspects of running their businesses," said Martin Mucci, Paychex president and CEO. Business owners have to follow state and federal labor laws which can be very taxing on business owners. Business owners have to monitor their tax reforms, because with the Tax Increase Prevention Act of 2014 the processing of taxes will affect the way that business owners have budgeted for their businesses. Business owners are also affected by new health reforms which state that “employers must be prepared to meet new IRS mandates to file annual information returns with the IRS and provide statements to their full-time employees about the health insurance coverage the employer offers” (Brooks, 2015) Business owners have to know...
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...case with China. I believe prior to answering the question of foreign nation compliance, one should examine the reasons why an organization has entered into that foreign market. The primary objective is typically profits, a secondary could be expansion, an initiative to become a globally known brand and gain international market share. Once the fundamental question of “why” is answered, the remaining issues, such as foreign government policies, can be addressed as well. So should a company comply or defy? Proponents of both sides of the fence are up in arms and ready to debate their stance. Proponents argue loss of market share if a company decides to leave a potentially new market, especially an international market. And proponents of defying the compliance terms are citing moral and ethical beliefs which make it wrong to comply with a communist government (http://hbswk.hbs.edu/item/5246.html). So who is the victim and who is the winner? I think that both sides are equally at loss as well as gain. If a company decides to leave due to compliance issues, chances are their competitor will step in and dominate that market. It is often difficult for a company to enter into the market as a secondary and gain market share. Foreign investments are both risky and expensive to finance, organizations determined to gain market share should certainly comply with the rules and regulations of the foreign market in which they wish to do business in. On the other hand...
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...competitor, on the other hand, has no up-front costs to take into consideration. Once the product is off-patent, the competitor is free to isolate the formula and re-create the drug, all without the costs that still have to be paid out by the company and therefore back to the shareholders. By styming such rights, the manufacturer has a longer time to turn a profit, but more importantly, get the original investment back from the current users of the drug. What types of legal barriers to market entry exist? Research and development (patents--both as patent creation and then patent prosecution and protection) Costs Marketing streams (such as agreements with doctors, pharmacies, and hospitals to promote or utilize the drugs, and then making sure that the doctors legally and properly utilize the drugs) Significant legal barrier What are the possible ethical dilemmas present in this example? There are possible issues here with trade agreements, which are illegal under the Sherman AntiTrust Act. Also, there is an issue with costs--since companies are directly refusing to compete, the buyers lose out and as such an unfair agreement has taken place.Dimitry Alexander Kaplun40281.1716250347 Expert Type | Attorney | Category: | Business Law | Pos. Feedback: | 98.5 % | Accepts: | 1005 | Answered: | 4/13/2010 | Experience: Run my own successful business/contract law practice Ask this Expert a...
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...Organizational Ethics Jessie Banks ETH/316 October 27, 2014 Mario Madrid Organizational Ethics Business policies and practices regarding potentially controversial issues are part of organizational ethics. These ethics are often guided by the law; most business uses ethics in order to be accepted by the public or to have a successful business. Ethical principles can address organizational issues which help the organization to follow good practices within their organization or company. I am part of the Parkland Health & Hospital System organization, and this organization is committed to providing the best possible care to our patients as well as the community we serve. Therefore it is critical to our staff that we provide patient centered patient valued care that is ethical when caring for our patients. The care of our patients along with our business operation it is an important part of how we are looked upon. The main goals of our organization is to adopt a culture of integrity, and accountability with ethical behavior, in order to establish internal controls that will abide by the laws and regulations which will maintain ethical practice within our hospital. Within the healthcare field and especially public health (county hospital) external social pressures has a big influence on the ethics within this organization. As part of public healthcare this organization has to follow strict ethical practices because we are constantly under public scrutiny from external...
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...Organizational Ethics Alisa King ETH/316 9/16/14 Professor Shannon Rivers Organizational Ethics Each and every organization that exist have or should have a code of ethics in which they follow. The ethics of an organization governs how they will reply to both an internal and external stimulus. Walmart is one of the largest organizations in the world, that’s why it was chosen for this essay. Furthermore, they deal with lots of external social pressures that influence their ethics. They have had more than their fair share of lawsuits because they was sued 4,851 times in the year 2000 alone Willing, R. (2001, August 13). Lawsuits a volume business at Wal-Mart. USA Today. Whenever an issue arises they always fall back on their code of ethics in order to figure out the best possible solution. These issues are relevant to organizational and personal decisions and it will be explained how later in this paper. The relationship between legal and ethical issues will also be covered. External Social Pressures Walmart is the world’s largest retailer and private sector employer. They employ over 2.2 million employees. With tons of money, locations, and power, they have been the target for thousands of law suits. As we all know, Walmart has replaced thousands of mom and pop businesses by carrying the same items at much lower prices. They not only made businesses shut down due to undercutting competitor prices but they also made lots of people lose...
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...Ethical and Legal Issues of a Merger Human Resource Management & Talent Development Ethical and Legal Issues Corporate mergers are pursued because there is a belief that if both independent companies are combined as one, the resulting company will grow more rapidly and will be stronger competitively. Management teams from both sides of these companies will no doubt encounter ethical and legal challenges prior to the merger, during the merger, and after the merger has been completed. HR acts as a moral compass for these companies, and issues that must be faced raise questions about fairness, equality, integrity, honesty, accountability, and consequences of behavior. As HR Director of the acquiring company, it is my responsibility to aid all employees in adhering to the code of ethics that has been implemented into our organizational mission statement. Furthermore, it is my job to create a safe and ethical environment in which every employee can enjoy his or her incontrovertible rights, which include the ability to access information about his or her job and the freedom to be able to do their job without any duress. HR can be a conflicting job for those of us in management, as we are called upon to walk a very narrow line between what is legally and morally best for the employee and financially advantageous to the company (Moore, 2014). However, the alternative of facing civil and criminal penalties that would incur due to law breaking, or even the implication of law...
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...Objectives 4.1 Differentiate between types of employment relationships and associated the legal considerations. 4.2 Differentiate between types of discriminatory issues and the associated legal considerations. 4.3 Determine methods for managing legal risk arising from regulatory compliance issues. Readings Read Ch. 31 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read Ch. 32 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read Ch. 33 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read Ch. 43 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read Ch. 44 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read Ch. 45 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read Ch. 46 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read this week’s Electronic Reserve Readings. Participation Participate in class discussion. 2 Discussion Questions Respond to weekly discussion questions. DQ 1 due Day 3 and DQ 2 Due Day 5 2 Nongraded Activities and Preparation Podcast Listen to the Week Four podcast. Learning Team Reflection Check out the local and national news sources and find a current event that reflects what we...
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..."Building a code of ethics to make a strong organization has many requirements to make it successful, organized, and valued."-Vivek Wadhwa. One main concept an organization needs to have to drive its success is a code of ethics. Having a code of ethics will manage an organization throughout its expansion and outset. The code of ethics will guide and teach the organization stay on board to its vision, plans, and goals but doing it in a manner or alignment that will protect the organization and its employees. Serving in the military, working in human resource, has introduced and taught a code of ethics for its organization which has many requirements to make it successful, organized, and valued. Working for the military has ethical fundamentals that help address or solve issues and situations that happen. Being in the military there is a certain look that soldiers must represent; this includes the proper uniform attire, attitude, and behaviors. If a soldier goes against what is expected of him or her there are different approaches and regulations that must be considered. For instance, when a soldier violates the law in his or her workplace like lying on documents or stealing, the outcome is an article15 and chances of getting promoted. The code of ethics for the military offers information on reporting suspected violations in reference to enforcement of the provisions of joint ethics. Having a code of ethics in the military keeps soldiers, as well as their families, protected...
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... | | |Organizational Ethics and Social Responsibility | Copyright © 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course provides a foundational perspective for socially responsible management practices in business. Special emphasis is placed on the inter-related nature of ethics, moral, legal, and social issues in managing individuals, groups, and the organization within a business environment. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials DeGeorge, R. T. (2010). Business ethics (7th ed.). Upper Saddle River, NJ: Prentice Hall. Trevino, L. K., & Nelson, K. A. (2007). Managing business ethics: Straight talk about how to do it right (4th ed). Hoboken, NJ: John Wiley & Sons. All...
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..."Building a code of ethics to make a strong organization has many requirements to make it successful, organized, and valued."-Vivek Wadhwa. One main concept an organization needs to have to drive its success is a code of ethics. Having a code of ethics will manage an organization throughout its expansion and outset. The code of ethics will guide and teach the organization stay on board to its vision, plans, and goals but doing it in a manner or alignment that will protect the organization and its employees. Serving in the military, working in human resource, has introduced and taught a code of ethics for its organization which has many requirements to make it successful, organized, and valued. Working for the military has ethical fundamentals that help address or solve issues and situations that happen. Being in the military there is a certain look that soldiers must represent; this includes the proper uniform attire, attitude, and behaviors. If a soldier goes against what is expected of him or her there are different approaches and regulations that must be considered. For instance, when a soldier violates the law in his or her workplace like lying on documents or stealing, the outcome is an article15 and chances of getting promoted. The code of ethics for the military offers information on reporting suspected violations in reference to enforcement of the provisions of joint ethics. Having a code of ethics in the military keeps soldiers, as well as their families, protected...
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...Running head: PROFESSIONAL ETHICS Professional Ethics Paper Patrick Kelley University of Phoenix Health Law and Ethics NUR 478 Susan Lawson, RN, MS, CLNC July 18, 2010 Professional Ethics Paper The purpose of this paper is to describe the relationships between legal and ethical issues, identify personal values and professional ethics, examine ethical theories and principles, and apply these to current practice examples. Nurses face an ever-growing complexity within their practice as professionals. Understanding the relationship between legal and ethical issues and how to apply that understanding to every day practice is paramount for today’s professional nurse. This paper will further explore these ethical theories and principles while discussing how personal values affect an individual’s nursing practice. The Relationship Between Legal and Ethical Issues Nurses, as with any job, face challenges in order to accomplish the tasks of their role. This is one of the reasons that it is important to have a description that serves as guidance as to how the role is to be accomplished. Without such guidelines, it is likely that there will be a breach of established rules along the way to performing duties and accomplishing the job duties. In situations where one person exercises authority over another, there are important guidelines that define relationship between the two parties. Legal and ethical principles...
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