players were offered was greater than the salaries they were paid to play all year. If they could each make $10,000 in 5 games just to loose, why not? The ethical decisions the players made affected everyone around them and resulted in a soiled reputation for the players who accepted the terms as well as players who remained true to their contract. The decision to throw 5 of 8 games during the World Series relates very well to business and accounting. This decision by the 8 players illustrates
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prestige. It takes years to build up your reputation when you enter the business world. There are many people who will have doubt that you can do the work or that your company may not last as long as you would for it to, there are many pressures that come along with this type of entrepreneurship. In the beginning a person is usually humble and excited about building a foundation they can call their own, but after a while when the money starts coming in good and you begin to meet people who have
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especially in the business world. These executives, by their failures of ethics, all because for their personal benefits, had destroyed and tarnished not only the organizations reputation but, in many cases, its financial impacts resulted in hundreds of millions of dollars as damage and tarnish their reputation and their prospective career, not to mention damaging their prospective families financial security and, in some cases, serving many years in prison as the ultimate consequences.
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eventually recover part of his investments. 1.b) Factors of uncertainty a) Legal suit outcome: the payoff of his decision is subject to the outcome of the lawsuit that may not allow the development of land parcels on East side of White Mountain. b) Reputation: the success of his initiative and the consequent return on his investment are conditioned by the popularity that the location will have, as for instance the quality of the snow and of the ski runs. Due to their nature, these are unpredictable factors
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These two programs surely balanced its economic and social responsibilities even though these programs may cost the company some money. The reason is both of these programs increase the reputation of Timberland in the society, especially the communities that surround them and had been helped by them. The reputations Timberland earned will stimulate the further sales of Timberland and increase the further interests. Therefore these two programs can be the examples of enlightened self-interest. 3
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CHAPTER I THE RESEARCH PROBLEM A. Research Background At home, house rules are set. Inside an educational institution, general directions are laid down. In offices, company policies are implemented. Indeed, regulations and set of laws are everywhere. Whoever professional individual, may he be a lawyer, a doctor, an engineer, an accountant, a journalist and so on, conformity with moral standards is expected. In whatever profession, may it be in law, medicine, engineering, business, mass media and
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Maintaining a clean reputation is critical to characters in The Crucible. Keeping a good name is most important to John Proctor and Abigail Williams. John Proctor does everything in his power to keep his reputation the way it is. The village views John Proctor as an honest and dependable man. John preserves his name in the village by lying in court and standing up for himself. In the final act, Proctor signs a document stating that he committed adultery but is too embarrassed to have it nailed to
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ARTICLE IN PRESS Journal of Accounting and Economics 39 (2005) 509–533 www.elsevier.com/locate/jae To blame or not to blame: Analysts’ reactions to external explanations for poor financial performance$ Jan Barton, Molly Mercerà Goizueta Business School, Emory University, Atlanta, GA 30322, USA Received 3 March 2003; received in revised form 17 March 2005; accepted 4 April 2005 Abstract Managers often provide self-serving disclosures that blame poor financial performance on temporary external
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and freedom, their workers are much less likely to be exploited than other countries in the middle east who are not as well developed. Also, the Turkish textile industry is known for good reputation for producing quality garments with excellent attention to detail, and as Marks and Spencer is expected to produce good quality long lasting garments it is in their favour to use a Turkish supplier for their clothing so they can produce the quality of garment their customer base anticipates. However, there
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