Ceo Should Be Fired Or Not?

Firstly there is a significant Ethical and morale lapse in a share floated company when the CEO engages in related party transactions. The moral issues arise

David Edmondson, on the other hand, had been an employee with RadioShack for 11 years before he was appointed as the CEO. In an investigative report, Star-Telegram revealed that Edmondson had also falsified his résumé by stating that he had degrees in psychology and theology. Star-Telegram revealed that the Pacific Coast Baptist College did not even issue degrees in psychology, and that they only issued a diplomas in theology. David Edmondson’s name was also not found in the College records. Edmondson contested that he “remembered” to have completed his diploma in theology, but he could not support his claims. He eventually stepped down as the CEO as well.

The case study that was analyzed is, “Unauthorized Disclosure: Hewlett-Packard’s secret Surveillance of Directors and Journalists,” by Anne T. Lawrence, Randal D. Harris, and Sally Baack. The ethical issues presented through the case deal with Hewlett-Packard Company (HP). HP is a major international company in the computer and technology market. The company describes itself as a “technology solutions provider to consumers, business and institutions globally.” Their credo is called “HP way”, which focuses on points such as trust and respect for individuals, high level of achievement and contribution, business conduct with uncompromising integrity, objectives through teamwork, and encouragement of flexibility and innovation (Newman). The problems faced by HP’s board of directors were a lack of accountability with HP’s credo. If the “HP way” was followed by them, these ethical issues would be avoided. It also promotes a bad example by the high-level of management of this globally powerful organization.

This article drives into how deep America is corrupt and the rocket scandals. The author attains to explain the current state of managerial capitalism in American big corporation further he describes the fundamental reasons for decay in business ethics in order to meet the bottom line standards. Challahan marks the outcome from day to day business such as auto mechanic services , law officers and corporate executive to prove that always people choose financial stability over integrity .

Consider Wells Fargo CEO Stumpf’s recent retirement. It is reported that he was not terminated or forced out, rather Stumpf’s personal decision. In his wake he leaves a respected financial institution’s reputation irreparably damaged with consumer account runoff and declining stock value. For many, his departure was not expedient and the damage initiated years ago by allowing the sales tactics at this company to continue, ultimately led to a breach of ethical boundaries. Examples include internal whistleblowers that were reportedly terminated with their claims left uninvestigated and internal audit check points reported unethical behaviors and practices during consecutive years of sales activities and internal profits within the specific business

This report was compiled with the intent to offer an examination and interpretation of the major issues that arose in the case study “Should the General Manager Be Fired?” In this report, we provide a brief case summary detailing the actual events that took place within the case study. We then locate and describe three main issues that lead to the crisis at Rainbow Group’s Hangzhou Company. Next, we provide analysis of these

It is only during moral lapses and corporate scandals that interest groups and the broader public ask themselves the fundamental ethical questions, who are the managers of the organization and were they acting with the ethical guidelines. For a long time, the issue of ethics was largely ignored, with organizations focusing on profit maximization. However, this has changed, and much attention is now focused on ethics management by researchers and leaders. The issue of ethics has arisen at a time when public trust on corporate governance is low, and the legitimacy of leadership is being questioned. Leaders are expected to be the source of moral development and ethical guidance to their employees.

No, the philosophy and vision of the company is firm and fix with dedication towards the society and community. The company’s philosophy does not change with the changing the CEOs. This structure of the system contributes towards the single focus and point. Every CEO simply doesn’t have to mark his position differently and thus it positive impact the decision and

Ethical Lessons Learned from Corporate Scandals Ethics is about behavior and in the face of dilemma; it is about doing the right thing. Ideally, managerial leaders and their people will act ethically as a result of their internalized virtuous core values. The Enron scandal is the most significant corporate collapse in the United States and it demonstrates the need for significant reforms in accounting and corporate governance in the United States. It is also a call for a close look at the ethical quality of the culture of business generally and of business corporations (Lessons from the Enron Scandal).

Murdoch never bought into and he sneered at journalism’s ethical structure as an institution. News Corp.’s corporate governance structure collapse was predictable. This also revealed the company’s culture. Murdoch owned twelve percent of the shares in the company, yet he maintained the company’s control by way of super voting shares that gave him forty percent of the votes. At companies where the board can be fired by the CEO, a different message comes down, “We don’t answer to the

The chief executive officer, (CEO) is the corporate executive responsible for the operations of the firm and reports to a board of directors. The chief Financial Officer (CFO) is the corporate executive having financial authority to make appropriations and authorize expenditures for a firm. Could the blame of the scandal be put on Executive Compensation? Executives are compensated with high salaries to lead and ensure that the vision and goals of the company are followed, common vision is to be ethical while building the future of the firm and be profitable. The executive board and senior officers are the responsible people that decide how the company will make the profits. Hopefully, ethically and legally. I think most of the people that go wrong such as the Enron, Tyco and BP lose focus on how to stay profitable. If someone offered you millions to produce, you would do what you could to make it happen. Then after having a taste of the “other” side and what wealth can bring you, it is hard to stop. I know this may be a stretch but could Kozlowski’s family

Traditionally, the positive image of a company or a brand is very important in the contemporary world. As a result, the question of morality of each individual working within an organization is of a paramount importance. In such a situation there should be no exceptions from the rule and executives could not be in a privileged position. This is the desirable ideal many companies strive to achieve at least in a public eye. However, the reality turns to be quite different from what is expected and the analyzed case of an executive’s double standard is just another evidence of the fact that the real life is so complicated that the common rules, including moral

The company faced issues related to the methods it used in investigating the unauthorized disclosure of nonpublic information to the press by the members of its board of directors. Apparently, Hewlett Packard hired some investigators in the case. The investigator used various techniques such as pre-texting- calling the telephone company and pose as someone else with an aim of obtaining that person’s information or records. The company and the board chairman, Patricia Dunn, were defending the company’s investigations about the director and the journalist. They cited that there were aggressive efforts to note the core source of leaks that were fully justified by the investigators

The article examines the correlation of law and ethics as it focuses on managerial decision making and corporate governance. It is approached in three ways via the applied approach, change of corporate ethics codes, and restructuring the current view of law and ethics (Blodgett, 2012). The three main applied approach are the “separate realm view” (Paine, 1994a. b., p. 154). This view interprets a law as a minimum or base level standard that must be followed. In contrast, the ethical principles of morals and behavior are viewed as grander and distinguished from the law (Jennings, 2006). The problem with this view is without

CEOs have long received extensive research attention due to the unique and important position they take in organizations. While the majority of prior studies focus on how established CEOs influence the firm’s strategy and performance, recently the increasing prevalence of early dismissal of newly appointed CEOs has brought researchers to quest for reasons leading to failure of newly appointed CEOs (Zhang, 2008; Graffin et al., 2012).