UNETHICAL CONDUCT For the topic of exploring the ethical conduct in the world of business, we are encouraged to discuss a legal case that includes with it the court proceedings and the punishment that was dished out. For the sake of intrigue, I chose a case in which a very controversial punishment was given by federal prosecutors. In the wake of the 20 year surge in white collar crime…and after the dust settled from the Enron scandal & the Sarbanes-Oxley Act of 2002…there lies a handful of
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Corporation and Obligation The corporation is the dominant economic institution of the 21st century. It controls many aspects of our everyday lives, such as what we eat and what we wear. It also contributes heavily to consumerism, and ruthlessly seeks profits while ignoring the consequences of its actions. Governments, instead of controlling this powerful institution, have instead reduced regulatory policies, giving corporations agency to commit immoral acts while receiving slighter repercussions
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Careers in Investment Banking WetFeet Insider Guide 2005 Edition The WetFeet Research Methodology You hold in your hands a copy of the best-quality research available for job seekers. We have designed this Insider Guide to save you time doing your job research and to provide highly accurate information written precisely for the needs of the job-seeking public. (We also hope that you’ll enjoy reading it, because, believe it or not, the job search doesn’t have to be a pain in the neck.) Each
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you wonder what is this crisis all about? In other words we can say that Greece had continuously borrowed funds from other countries exceeding its repaying capacity. In the beginning of 2010, it was discovered that since 2001 Greece had paid Goldman Sachs & other banks hundreds of millions of dollars in fees for arranging transactions that will hide the actual level of borrowing. Also, they made unrestrained expenses, provided cheap lending, were unable to recover taxes from its citizens &
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------------------------------------------------- ------------------------------------------------- Sustainability of extreme working hours ------------------------------------------------- Situation Moritz Erhardt, a German summer intern at Bank of America Merrill Lynch died in his shower after 72 hours of consecutive work. He was an epileptic patient but the trigger of his seizure was (most probably) related with the long working hours. That such a thing happened was a matter of time.
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Case Overview In September 2010, the business world was shocked by a public boardroom debacle at HSBC. Incumbent Chairman, Stephen Green, had announced his pre-mature departure from HSBC ahead of schedule, putting HSBC’s succession plan into the spotlight. An unforeseen and public power struggle ensued, with speculation as to whether incumbent CEO Michael Geoghegan or one of several other possible candidates would get the top job. The chaotic succession process undermined HSBC’s stellar reputation
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Ethics in Accounting By Pace University – New York Accounting for Decision Making, MBA 640 Fall 2011 Required Research Paper Page 1 of 11 Table of Contents Number Content Page Number 1 Introduction 3 2 Ethics in Accounting 4 3 Enron Scandal 6 4 Satyam Scandal 8 5 Conclusion 10 6 References 11 Page 2 of 11 Introduction • What is “Ethics”? Ethics, also known as moral philosophy, is a branch of philosophy that addresses questions
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Advanced Corporate Finance Professor Manuela Athayde Marques TA Professor Ana Carolina Mota Group Project Introduction Eskimo Pie was a well known brand of frozen novelties in the early 1990’s. As many companies in its stage, Eskimo Pie decided to explore growth opportunities by going public. The aim of this report is to present Eskimo Pie’s business and its historical background in the first and second sections. The third and forth sections illustrate a historical and financial analysis
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Earnings increased 25%, and revenues more than doubled, to over $100 billion. Not surprisingly, the critics are gushing. "Enron has built unique and, in our view, extraordinary franchises in several business units in very large markets," says Goldman Sachs analyst David Fleischer. Along with "It" status come high multiples and high expectations. Enron now trades at roughly 55 times trailing earnings. That's more than 2 1/2 times the multiple of a competitor like Duke Energy, more than twice that
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which are favoured by renters, soared by 61%. Meanwhile, adults who sheltered with friends or family during the recession are striking out on their own. A Goldman Sachs analysis reckons that growth in new households has been some 50% short of trend since the recession began, with over half of the shortfall coming from those aged 18-34. Goldman reckons the worst is over, and that the young should soon add to new housing demand. Those rising rents make buying a bargain: as attractive as it has been
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