The Banker And The Campus Uproar Student’s Name Institutional Affiliation Discussion Questions * Why would a bank consider making a mortgage loan or home equity loan to a homeowner who could not make the scheduled loan payments--wouldn’t this end up hurting the bank? Answer: Before advancing loans to the potential customers the banks consider certain things with the help of documents and tools. The financial position to the best of knowledge is assessed. But there is always a risk of default
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Yale, Princeton, Rice, Northwestern, and other leading universities. (Houston Chronicle, 2002). Unethical behavior such a falsifying transaction to boost volume was done by traders frequently, hide huge losses from shareholders, they encourage employees to buy stocks and discourage them from reporting poor accounting practices. Enron issue had brought a lot of businesses down due to the unethical actions that took place in that organization. Enron, an energy firm in Texas, it was a company of
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are audits and impact statements which make an effort to assess moral justifications for corporate actions and the subsequent results of those actions. Accountants have an ethical responsibility to promote an ethics based culture that prohibits unethical activities such as bribery. Steps to prevent corruption include high-level commitment by top management; upper level manement and leaders must exhibit an ethical attitude and approach and lead by example, creating appropriate orgaorganizational culture
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ETHICAL STANDARDS 1. Professional and Scientific Standards 2. Competence 3. Representation and Misuse of Expertise 4. Delegation and Supervision 5. Nondiscrimination 6. Non-exploitation 7. Harassment 8. Employment Decisions 8.01 Fair Employment Practices 8.02 Responsibilities of Employees 9. Conflicts of Interest 9.01 Adherence to Professional Standards 9.02 Disclosure 9.03 Avoidance of Personal Gain 9.04 Decisionmaking in the Workplace 9.05 Decisionmaking Outside of the Workplace 10. Public Communications
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ethics. I believe the film is about the basic principle of experimental research on human and the future of medicine as portray by star trek. It is important when conducting research that the basic principles of an experiment on human are observed. These basic principles include obtaining the informed consent of the participant, minimizing the risk of harm, protecting the anonymity and confidentiality, avoiding deceptive practices, providing the right to withdraw, and the result should be beneficial
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eBusiness Research Paper The content regulation of the Internet has become the fore of public debate as an issue that both government and Net users are concerned about. Many companies have benefited from the use of e-Business in terms of revenue, capturing its marketing mix and driving shareholder value. However, governmental regulation can have a major effect on both the strategy and financial survival of e-Business. As technology continue to evolve at a rapid pace, governmental regulation struggles
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firms, including AIG, Countrywide Financial and Fannie Mae, highlight the need for businesses to integrate ethics and responsibility into all business decisions. The field of business ethics deals with questions about whether specific business practices are acceptable. For example, should a salesperson omit facts about a product’s poor safety records in sales presentation to a client? Should an accountant report inaccuracies that he or she discovered in an audit of a client, knowing the auditing
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Abstract It is fairly easy for a top executive to reduce the price of his or her company's stock. Due to information asymmetry. The executive can accelerate accounting of expected expenses, delay accounting of expected revenue, engage in off balance sheet transactions to make the company's profitability appear temporarily poorer, or simply promote and report severely conservative estimates of future earnings. And this phenomenon of accounting scandal exist in contemporary society. The integrity
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group counseling, like camaraderie among students, there are always causes for concern, like confidentiality issues. This review examines the ethical dilemmas and differences between individualized counseling and group counseling in schools. Research has shown that using counseling groups and group therapies can make a difference in the outcomes of a lot of cases, but experts in the field have also had concerns about what could happen in a group setting, and how that could negatively affect a
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Labor Practices - Sweatshops Astrid Vargas PHL/320 April 6, 2015 Jennifer Stephens A “sweatshop” is defined by the United States Department of Labor as a factory that violates two or more labor laws. The use of questionable labor practices, popularly knows as “sweatshop labor”, is widespread in the production of consumer goods (Paharia, 2013). Major international brands such as Nike and Apple are some of the high-profile companies that have been exposed to such labor abuses. Most members
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