Executive Of The Federal Emergency Management Agency And An Mit Admissions Director

During my courses, I frequently remind students that most corporate executives, accountants, and auditors are honest and ethical. This case provides a stark and powerful example of one such individual. When I discuss a case such as this in my courses, I try to provide other examples of positive role models among corporate executives. Granted, most of these examples do not involve accounting or auditing matters, but, nevertheless, they help to blunt the impression that students may receive from studying my cases that most corporate executives are “crooks.”

Sissela Bok’s book, Lying: Moral Choice in Public and Private Life examines many aspects of moral and ethical influence, and the effects of lying, on individuals and corporations in various walks of life. Each chapter discusses a specific form that lying can take and describes how it intertwines with daily life. Bok’s arguments are grounded, in comprehensive research, tempered with a philosophical treatment, and rendered through the lens of critical thought. To ensure that readers are able to relate to the material, Bok employs social norming to make each chapter easier to grasp. To do this, each chapter is prefaced with two or three quotes, from a wide variety of sources that provides insight

In the past, many corporate executive have committed various forms scandals in their organizations. Such fraudulent arts are unethical and immoral behavior. This led the US government to form legislation in order to control fraudulent activities; mostly performed by senior officers in the organization. In view of this, this paper will address the following: historical summary on SOX enactment, the key ethical components of SOX, social responsibility implications regarding mandatory publication of corporate ethics, whether the criticisms of SOX implication presents an unfair burden on smaller organizations and suggestions on the improvement of SOX legislation.

In the past few years, enterprise integrity has come up on a regular subject of conversation. In the past ten years only, we have seen numerous situations associated with collaborative scams which have shaken the people 's trust in businesses and also the general economic climate. A few of the many salient frauds are the WorldCom and Enron 's scams, the ponzi scheme perpetrated by Bernard Madoff 's, the latest accusations of Goldman Sachs tricking option traders to guarantee the company 's personal profit. Incidents such as these designed us all, as upcoming corporation professionals as well as market leaders, think about ethics and its particular function in the commercial world (Gross, 2010.)

This paper is composed for the individual assignment for week 2 of the MBA 633 Legal Issues in the Workplace course. The topic for this assignment consists of the differences between ethical and legal business issues. This paper will provide answers to questions related to employee behavior away from the office, and the Foreign Corrupt Practices Act and bribes. Both topics have been presented in the form of video cases (video 93 and 98) found in the Cengage digital video library.

Occupational fraud is defined as the use of a person’s job for individual enrichment through the purposeful mishandling or misapplication of his or her employer’s capital or assets (Wells, 2005). Occupational fraud can have a serious impact with far-reaching consequences. In 2004 for the Association of Certified Fraud Examiners (ACFE) conducted a survey that provided 508 usable studies of fraud for a total of over $761 million

Ethical leadership is vital for the success of any business; this case study illustrates that the lack of moral values and a healthy ethically incline corporate culture, can lead to scrupulous behavior from the CEO all the way down the company. Scrushy had a demanding and cunning personality, and it was easy for his to influence others in his business to go along with the fraud. Also, having Stanwick and Stanwick, (2013) an active board of directors does have a positive impact on the performance of the firm. Also, good corporate governance supports the ethical requirements established by the stakeholders. A moral leader must cultivate a real ethically driven organization, which has no tolerance for unethical behavior.

Recent years, there is an increasing rate on sexual scandals of Chief Executive Officers from business and political area. As a result, these CEOs not only lost their jobs because of bad influence from sexual harassment, but experience a higher chance of ruining company’s reputation and firm future performance. Under this circumstance, an increasing number of companies decide to add code of moral into the area of corporate governance and declare that CEOs should resigned or be fired when they related to some scandals. However, other corporations choose to not fire the CEO and at the meantime to help them hide this news from the media and the public.

In fraud committed against organizations, the victim of fraud is the employee’s organization. In frauds committed on behalf of an organization, executives usually are involved in some type of financial statement fraud; typically, to make the company’s reported financial results appear better than they actually are. In this second case, the victims are investors in the company’s stock. A third way to classify frauds is via the use of the ACFE’s occupational fraud definition, “the use of one’s occupation for personnel enrichment through the deliberate misuse or misapplication of the employing organization’s resources or assets” (ACFE, 2010). The ACFE includes three major categories of occupational fraud: asset misappropriations involves the theft or misuse of the organization’s assets, corruption involves the wrongful use of influence in a business transaction in order to procure benefits contrary to their duty to their employer, and fraudulent financial statements involving falsification of an organization’s financial statements for personal gain.

Ethical theory will be outlined in relation to the example case with discussion on how the case poses an ethical dilemma in the workplace. Additionally ethical theory will be considered in light of the case with

Carr argues that bluffing in business is closer to the strategic bluffing normally found in poker, than it is to bluffing in private life. (Carr paragraph 2) He uses a quote from Henry Taylor to describe bluffing in poker and business: “falsehood ceases to be falsehood when it is understood on all sides that the truth is not expected to be spoken” (Carr paragraph 3). He argues that several people lie about their opinion if their job or their business could suffer if they answered truly, and that this is considered an acceptable business strategy (Carr paragraph 4). Two examples of deception in the hiring process are given; one where the applicant chooses the options he thinks his employer would most agree with and another where the applicant lists himself as younger than he actually is in order to increase the odds of being hired (Carr article, section: Pressure to Decieve). The author mentions that both fall within acceptable business ethics. These examples serve to illustrate the discrepancy between private ethics and the ethics of public business.

This paper relies on secondary data on a past phenomenon. It combines data from journal and other internet sources to bring out aspects of unethical behavior by Adelphia's top executive. The analysis of data takes two ethical frameworks.

Discussion Questions 1. Evaluate this situation from the view point of David Edmondson’s ethical leadership. What could Radio Shack have done differently? In this world some people want money and power. To gain these two things often people choose the wrong ways. David Edmondson is one of them, because he cheated on his resume. David Edmondson is a fraud that means he is not an ethical leader at all. Because of Edmondson’s cheating his company RadioShack faced losses, so he didn’t do ethical leadership in his workplace. If a manager cheats, lies, steals, manipulates, take advantages of situations, or treat others unfairly that is not an ethical behavior. That is called unethical behavior. We can see

Today, employees can be considered as the greatest strength of the company. They are the ones who help build the reputation of the company, it is their job to ensure the success of the business, which is why it is very important to keep them satisfied. A recent statistic shows that an American worker has an average of eight jobs in his career (Rudman, 2003). This stat shows how difficult it is to retain a core strength of a company. In this essay, an analysis of a case study is made. The case includes at first, a discussion between Chip Brownlee and Arch carter, the CEO and lead director of Galvatrens respectively. During this conversation, they discussed a lawsuit that a former employee sent to the company for being wrongfully relieved of his duty. Also in the case study after investigation the board of Galvatrens and their CEO made a meeting in order to tackle the problems and know what really happened. In this essay, it will explain the main ethical dilemmas in the case study, and according to these dilemmas a comparison will be made between utilitarian, libertarian, deontological and virtue ethics perspectives. Finally, as a form of an ethical point of view will be used to be the best solution to solve the dilemma of the recommendation.

While there was absolutely no evidence whatsoever that the CEO of a well-known disaster relief