hotlines is considered the best practice that companies use to encourage whistleblowing. In 2009 a study based on interviews of more than 80 managers and published in Auditing: A Journal of practice and Theory, found that employees are more hesitant to report possible fraud to outsiders as opposed to using internal company reporting programs and resources, even if those internal programs don’t follow best practices similar to the external hotlines. Companies want to retain the use of an external reporting
Words: 534 - Pages: 3
vast number of publicly traded companies. A whistleblower is one who reveals wrong-doing within an organization to the public or to those in positions of authority or one who discloses information about misconduct in their workplace and they feel violates the law or endangers the welfare of others, or one who speaks out, typically to expose corruption or dangers to the public environment. Some whistleblowers are altruistically motivated utilitarian if they feel their company is doing something
Words: 901 - Pages: 4
used so far had come from companies where the employees were substantial or principal owners. Why Employee Ownership Is Popular There are a number of reasons for the popularity of employee stock plans. ESOPs provide attractive tax benefits. They allow companies to borrow money and repay it in pretax dollars. They provide a way for owners of closely held businesses to sell all or part of their interests and defer taxation on the gain. And they make it possible for companies to provide an employee
Words: 9654 - Pages: 39
the fashion. It’s good for LNT because of their differentiated products. Be hindered: * Slow increasing rate with intensely competition. The maturity of the U.S. market. * Industry consolidation makes the large companies stronger, but LNT fall behind some big companies like BBBY. So it’s hard to catch up. * Financial crisis. * Government policies affect the industry performance. e.g. interest rate adjustment. High interest rate, low purchase. 3. How had Bed Bath &
Words: 453 - Pages: 2
Should The Endangered Public Company Survive? Public companies are going to always available in one form or another. The greatest advantage of becoming a publicly traded company is it provides the company with needed cash flow that will increase operations without having to take out loans or sell bonds, essentially meaning they don’t have to pay the money back. It also allows a company to provide stock options to employees, incentivizing them to work hard for the company. Hard working employees equates
Words: 1925 - Pages: 8
Research Essay Outline I. Topic II. Introduction A. What are the rules B. Who they apply to III. Body A. What is a PTP B. How it works C. Why it matters D. Examples of PTPs E. Benefits of PTP’s IV. Conclusion Publicly Traded Partnerships (PTPs) and the passive loss limitations According to the IRS Publication 925, there are two sets of rules that may limit the amount of deductive loss from a trade, business, rental, or other income producing activity. These rules
Words: 835 - Pages: 4
held company or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately. More ambiguous terms for a privately held company are unquoted company and unlisted company. Though less visible than their publicly traded
Words: 1343 - Pages: 6
our firm researched the regulation regarding publicly traded firms in order to provide you with the most current information. Securities and Exchange Commission. “Official U.S. Agency Web Site.” Web. 24 September 24, 2011. Publicly traded corporations are required to implement the guidelines of the Sarbanes-Oxley Act of 2002. This means that publicly traded companies must include a management report on the internal controls of the company. The annual report must include an attestation
Words: 314 - Pages: 2
What is the Sarbanes-Oxley Act of 2002? 3 Why was SOX established? 4 When did SOX take effect? 5 What companies were affected and how? 6 What does SOX compliance require? 9 Conclusion 11 References 13 What is the Sarbanes-Oxley Act of 2002? The Sarbanes-Oxley Act of 2002 – its official name being “Public Company Accounting Reform and Investor Protection Act of 2002” – is recognized to be the most significant U.S. federal disclosure and
Words: 3247 - Pages: 13
changing its ownership status My chosen business for D1 is Pandora Jewellery. I have chosen this business because they are currently a publicly traded company so if they were to turn into a private limited company a lot of things would change in and around the business. An advantage of Pandora Jewellery getting new ownership by turning into a private limited company is that more stores will open globally meaning more merchandise will be sold. The more merchandise that is sold then the more income
Words: 259 - Pages: 2
