A Conceptual Model of Corporate Moral Development Author(s): R. Eric Reidenbach and Donald P. Robin Source: Journal of Business Ethics, Vol. 10, No. 4 (Apr., 1991), pp. 273-284 Published by: Springer Stable URL: http://www.jstor.org/stable/25058230 . Accessed: 16/09/2013 07:44 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars,
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In the wake of economic scandal and the downturn of America’s economy, the Sarbanes-Oxley act and the Dodd-Frank act have attempted to reinforce and uphold the single most important virtue that our capitalist society so desperately depends on, trust. Many of the following names are familiar to us all by now, and for the wrong reasons: Enron, Lehman Brothers, World-Com, and Tyco. So what have SOX and DOD actually accomplished for our capitalist society? What can they actually do to help avert such
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Motives for such deception might be maximizing their compensation, increasing the company’s stock price, and preserving their jobs” (Spiceland, 165). The CEO of Enron, Ken Lay, hired a smart man named Jeffrey Skilling and after a successfully executed business plan, he was hired to be in charge of Enron Finance Corporation. By 1999, Enron’s stock went up by 50% and by 2000, had skyrocketed up to 90%. What people across the nation were unaware of however, was the fact that Enron was able to book potential
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Lehman Brothers & Repo 105 On September 15th 2008, the fourth largest U.S investment bank, Lehman Brothers, filed for chapter 11 bankruptcy. With revenues peaking at $19.2 billion in 2007 and over $600 billion in assets, the collapse of Lehman became the largest bankruptcy in history. Lehman’s demise was attributed to their aggressive investment strategy and significant exposure to the subprime mortgage market. As the housing bubble grew, Lehman Brothers acquired several mortgage lenders
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PEPSICO BUSINESS ANALYSIS SWOT ANALYSIS¬¬ Strengths Diverse product range 22 product lines each contributing over 1 billion in revenue (soda, juice, water, to snack foods)(Lambert, 2012, Hoovers) One of the most acknowledgeable brands in the world (PepsiCo.com) Available in more than 200 nations (PepsiCo.com) Weaknesses (Lambert, 2012, Hoovers) Lower productivity compared to Coca-Cola Over dependence of big retail Decline in soda taste Core Competencies (Lambert, 2012, Hoovers)
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and Socially Responsive Business Chipotle Restaurant Marilynn Dukes BUS 100 Professor Donna Kilgore Ly September 14, 2014 Ethical and Socially Responsive Business Chipotle Restaurant Many organizations have been destroyed or seriously damaged because of ethics. As the CEO of Chipotle Restaurants and because of recent terminations of a few employees, I want to point out some key areas of our code of conduct that are of significant importance to our business and to our success in the
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noted, “Corporations are increasingly being held responsible for the social impact of their organizational priorities,” (p. 387). Furthermore, as Revathy (2012) indicates: “As a part of society, it is in business’ interest to contribute to addressing common problems. Strategically speaking, business can only flourish when the communities and ecosystems in which they operate are healthy,” (Para. 1). With this type of focus on how a company acts on a social level, leadership at larger companies is taking
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the globalization in the world economy, business morals got to be vital need for organizations. Business to business morals of proper practices is the long haul accomplishment of organizations in a positive heading; else it has been the ability to unfavorably influence the conduct. Subsequently, the breakdown of moral outrages has risen discharged in the United States of America and Europe. Business, which obviously shows the need and significance of business morals have significant lessons from the
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company in 1901. Its Southern place of origin gives a stereotypic perception that the company could have racial and other ethic problems in its corporate culture. In fact, the 1990s for Texaco marked a racial discrimination lawsuit that was hailed as ‘historic settlement’ and ‘the largest settlement ever of its kind’. The price of $176 million was accepted as a simple business deal to stop the financial decline of the company; actually, it was merely ‘the tip of the iceberg’ in expenses to compensate
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performance review in several key areas. Welcome Welcome to Kellogg’s first global Corporate Responsibility Report. We hope this report provides information useful to our stakeholders, including our consumers, employees, customers, investors, business partners, community members, and governmental and nongovernmental organizations. We plan to publish a corporate responsibility report on an annual basis, expanding and improving upon this first effort. Data in this report are for 2007 except as
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