attention to academic journals and research. The paper will derive its arguments from veteran theories like the Utilitarian and the Kantian theories. The paper will also relate its discussions with the case study about Enron a USA company that collapsed as a result of unethical behavior in the management. Some of the components that will be highlighted in the paper include; the importance of an ethical culture in an organization, the dangers of lack of ethics in an organization and the strategies that
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continued to elude the government auditors and the stakeholders. From an ethical perspective, there were several factors that contributed to the rise and fall of Nortel. The initial CEO and founder of Nortel, John Roth, demonstrated altruistic behavior because he did want the company to profit, the investors to profit, as well as their primary stackholders. Nortel’s fall from grace came swiftly and on many fronts. Its market capitalization climbed to an all-time high of $398 billion in September
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strategies as part of their risk management approach. No longer is the focus solely on pre-hire background screening. Increasingly, organizations are engaging in continual screening, to catch anomalous activity that could be a precursor to actionable behavior. And they also are embracing policies and procedures to handle damaging data when it comes to light about current or acquired employees. How fraud occurs within organizations can be understood by examining the elements that comprise such actions
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How Personal Can Ethics Get? Anita M. Cromwell Dr. Bruce Macdonald Leadership and Organizational Behavior BUS 520 Strayer University October 17, 2011 Abstract In this paper, I will discuss the ethical behavior of Valerie, who takes orders and Waters the man in charge. An examination of preferences and differences, due to a switch in procedures, that have lead to violations of company polices and leadership mistrust. In disclosing the dilemmas and stressors that Valerie faced, I will
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misconduct on a fellow employee or superior within their company. One important ethical question with respect to internal whistleblowers is why and under what circumstances people will either act on the spot to stop illegal and otherwise unacceptable behavior or report it? Conversely, an external whistle blower reports inappropriate conduct to an outside source. These sources include but are not limited to lawyers, the media, law enforcement or watchdog
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Accounting Ethics Review of Accounting Ethics Dr. ACC 557: Financial Accounting May 22, 2013 Table of Contents 1.0 Corporate ethical breaches in recent times. 3 2.0 Accounting ethical breaches and their impacts 3 2.1 The Scandal of Enron 3 3.0 Organizational ethical issues and the management failure 5 4.0 Breach of the accounting practices and its impacts 5 5.0 Recommendations by the CFO 6 6.0 References 8 1.0 Corporate ethical breaches in recent times. Ethics is an important aspect of
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Organizational Cultures The subject of organizational culture has become a popular subject for academic and practitioners alike (Schein, 1990). The increased popularity of the subject has provided an abundance of literature that is available today. The problem with the subject of organizational culture is the difference of opinions on different aspects of the subject among the different authors. The concept itself is not even well defined as different authors provide a variety of definitions
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By definition, an ethical dilemma is a situation that will often involve an apparent conflict between moral imperatives, in which to obey one would result in transgressing another. When one combines this definition with the many problems employees and management face on a daily basis, you are bound to have plenty of examples for many different kinds of businesses, regardless of what the business is or the line of work. This internal conflict that people experience can cause many issues in today’s
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Table of content 1. Question 1 1. Introduce to Corporate Governance 2. Governance makes a Difference 3. Failures of Corporate Governance 4. Failures in Major companies 5. Reform of Corporate Governance 6. Conclusions 2. Question 2 1. Introduce to Cadbury Report 2. Conclusions 3.0 References Question 1 Based on the above it has been stated that “the problem is not a failure to comply with rules
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internal issues affect the managemet functions of the Enron Corporation. Enron’s business strategy was to control all of the enery supplies without owning all the power plants. as a substitute, Enron would use contracts to have power over the services in which other companies had invested their hard earned money. The paper will describe how the management functions which consist of controlling, leading, organzing and planning are utilizrd by Enron. Enron Corporation is the world leading electricity, natural
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