Why is business ethics important? Please select all that apply. Question options: | 1) | Business has greater power and influence in society than ever before. | | | 2) | Business has the potential to provide a major contribution to our societies. | | | 3) | Business malpractices have the potential to inflict enormous harm on individuals, communities and the environment. | | | 4) | Business continues to violate ethics, across countries and sectors. | | View Feedback
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Act Article LAW/421 Sarbanes-Oxley Act Article The article chosen is the Sarbanes-Oxley Act of 2002 and the legacy of Enron. This act was passed after corporate scandals that involved the regulatory mismanagement and fraud of Enron. This article review will cover topics on how the Sarbanes-Oxley and the collapse of Enron in which affected the ethical decision-making processes in business environments and criminal penalties for which the act provides. Decision-Making in Business Environment
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The golden rule that is universally talked about is along the lines of “do unto others as you would have them do unto you”, which leads most people to believe that a person should always do good things and never bad things, right? But, what is considered right or wrong? What determines these outcomes? What are driving forces that tell people to act a specific way – if it is not religious or culturally driven? What is it? Before we begin, it should be noted that morality is subjective to the individual
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support that legislation is a necessary requirement in today’s global corporate environment, in which some of the largest corporations have proven that, left to their own devices, they will gravitate toward corporate malfeasance. The Sarbanes-Oxley Act of 2002: WorldCom. Enron. Adelphia. Global Crossing. What do all these companies have in common? They will always be synonymous with the following: financial fraud, corporate malfeasance, internal corruption, and the reason behind the passage
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documentary? Should the Court have created an exception in the law to permit its broadcast? What could it have done? The movie was a good example journalistic documentary and it was not disguised campaign. Also, the main purpose of the movie was to disgorge people to vote for her. In additional the movie made while she was in campaigning for the Democratic presidential. however, the Supreme Court did perfect step to permit the broadcast. Also, the law is clear only allowed to show the movie before 60 or
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Copyright 2015 By the Researchers and the College of Business Administration Polytechnic University of the Philippines All rights reserved. Portions of this manuscript may be reproduced with proper referencing and due acknowledgement of the author. THE IMPACT OF MCDONALD’S CORPORATE SOCIAL RESPONSIBILITY TO “BAHAY BULILIT” BENEFECIARIESIN MAKATI FOR THE YEAR 2014-2015 A Thesis Presented to the Faculty of the College of Business Administration Polytechnic University of the Philippines
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alleged two causes of action. In the first, the shareholders alleged a breach of fiduciary duty by the directors in connection with a program of radio advertising. In the second, they alleged a breach of fiduciary duty relating to payments made to a corporate vice-president and director. However, the court did not fine these to be so therefore dismisses the action. Joan can not bring against board for breach of contract as a shareholder but breach of contract violation nor fiduciary duties. The fiduciary
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CHAPTER 1 WHAT IS CSR? eople create organizations to leverage their collective resources in pursuit of common goals. As organizations pursue these goals, they interact with others inside a larger context called society. Based on their purpose, organizations can be classified as for-profits, governments, or nonprofits. At a minimum, for-profits seek gain for their owners; governments exist to define the rules and structures of society within which all organizations must operate; and nonprofits (sometimes
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WHAT IS CORPORATE SOCIAL RESPONSIBILITY OR CSR? For long it was argued that the role of businesses was purely economical and that economics was the parameter on the basis of which their success or failure was to be determined. Corporations, since eons, have been regarded as the providers of jobs, products and services and it was believed that they are only financially responsible and profit making is their only motive. But recent times have seen a departure from that tradition and now CSR is being
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Contents Task 1: Understanding the nature of a Company 3 1.1. Concept of corporate Personality 3 1.2. Lifting the veil 3 1.3. Advantages and disadvantages of incorporation 3 1.4. Promoters 4 1.5. Pre-incorporation contract 5 1.6. Requirements of registration of an incorporated business entity 5 1.7. Requirements for trading commencements 5 Task 2 Memorandum, Articles of Association, ultra Vires and their Effects and contents of Prospectus 6 2.1 Requirements for memorandum of association
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