Lauren Smith Case

Ethics, ethical values, and social responsibility should all work in unison in a corporate business structure. These key traits are better defined as maintaining overall good business morals, obtaining employees who possess personal ethical values, and finally to behave ethically and with sensitivity toward social, cultural, economic and environmental issues. For a business to better ensure these quality business traits a code of ethics should be adopted by the business. In the cases of Bernie Madoff and Enron, the most well-known financial scandals in history, I feel, gave a major hand in pushing business all across America to have and enforce the code of ethics.

Levin and Goldberg quickly shot down Gilmore’s idea of adding a footnote about the warehouse arrangement where South City Electronics would ship their goods to Kelly Electronics who would then sell it to Victor Systems, while South City recognized revenue immediately. Not disclosing this arrangement would be in direct violation of AICPA’s Code of Professional Conduct. Levin even told Gilmore himself that the footnote would create doubt in the public and wonder what accounting practices they are partaking in. With this being said, this would violate the public trust principle. This principle states that South City has a responsibility to the public to serve them honestly, and to carry out their duties with integrity and objectivity. If they go through with this warehouse arrangement and add the footnote, the public would wonder what other manipulative accounting practices they use to meet their earning goals. If they don’t add the footnote, they would be violating AICPA’s Code of Professional Conduct integrity and objectivity rule, which states that a member can not knowingly misrepresent facts to the public. This warehouse arrangement would allow South City to record a $1.2 million sale early, before the goods have reached the final customer, Victor Systems which violates SEC and FASB

NOW COMES, Stephanie Smith, the minor child in the above-captioned matter, and hereby moves this Court for a finding that the Department of Children and Families has abused its discretion, because the Department acted in an arbitrary and capricious manner, by removing Stephanie from the prison nursery, where she resides with her biological mother, Sofia Smith, and placing Stephanie with her paternal grandparents.

“Unethical thinking is not just “bad business”; it is an invitation to disaster in business, however rarely (it may sometimes seem) unethical behavior is actually found out and punished” (Solomon, 1997:17) An ethical dilemma happens when an intricate circumstance which often originates from a struggle amongst the moral requirements of two persons.

Nathanson, Pamela G., "Bioethics on NBC's ER: Betraying Trust or Providing Good Care? When Is It Ok to Break Confidentiality?

In relation to Steve Brenda and the decisions that he made while director of CDU Inc.; it is clear that both legal and ethical dimensions were crossed. Brenda had money on the mind when acquiring CDU Inc.’s shares, which can explain all the actions he took and why he now faces a possible lawsuit.

Ethics are need in organizations like mine so people will not take advantage of other co-workers and the customers. People in these companies sometimes treat the worker unfairly and will not pay them for their worth. They work long hours and get no compensation. Some companies like ENRON cheat people and cause problems globally because of the different investors that have invested in the company. The individual loses their job, the organization suffers in

Chapter 3 and 4 talked about if business actions were ethical or unethical. Reading at the begging of chapter three it starts off with a (ethical dilemma pg. 60) Jayla got hired as an intern at the Acme payroll dept. she tried her best to do her very best for that way she can have a full-time job there in the company. later she was hired full time after her graduation she was hired by a man named Deon he was the head of the payroll dept. She notices that one of the workers named Greg had very high number. Gaining three times as much as number 2 she was in ah by his work. She wanted to learn more from him. But she notices weird things going on. She notices Gregg and Deon always going out to eat with Mia all the time.one day Deon going to Jayla and hander her client

• Business Ethics: We knew this problem since October, but tried to hide it with the hope that it will fade away. We will be scrutinized from an ethical perspective.

In the early 2000s, Stewart became the focus of headlines, speculation, and a federal investigation concerning her stock trading. She was accused of insider trading after she sold four thousand ImClone System’s shares one day before the firm’s stock price tumbled. The firm’s stock price plummeted as the Food and Drug Administration refused to review ImClone’s cancer drug Erbitux. Even though

When XYZ prepared to enter into the contract with Go-Foods, Eddie did not tell other directors that Eddie’s family owned 35% shares of Go-Foods. This act may be treated as dishonesty (not in good faith). It is unknown if he knew the price is too high and made his personal interest during this contract.

We have already mentioned whether it is ethical for Tommy to reveal material facts to DEF by using the Kantian approach. We concluded that it is unethical for Johnnie to fire Tommy if he disclosed material facts that Johnnie’s wife being a majority shareholder to DEF. We are going to see whether Tommy should not disclose material facts to DEF when using the Utilitarian approach. The Utilitarian approach says “ends justify the means.” It believes that we do whatever necessary to accomplish the end result that fulfilled a multitude of people. For example, as the CEO, Chairman of the Boards, and the founder of ABC, it is ethical for

The leaking of restrictive company data can be categorized into the standardizing ethics class. In the regularizing class of ethics, there is the obligation guideline and hypothesis. One should stay certified and regard the set down principles and directions that represent associations (Patton et al, 2015). Nunez was not ethical when he leaked the companies restrictive date out to the general public as many companies could utilize the information to gain a competitive edge.

Issue 3: Has Patricia improperly used company information to gain advantage for herself and/or her sister?

Ethical consideration is required when conducting business in the 21st century for many reasons. First of all, there is nothing wrong from being ethical, in the contrary you will gain people’s trust and chances for your company to be more reputable are much higher.