The Adelphia Communications Scandal John Rigas started Adelphia Communcations in 1952 with the

This paper is going to discuss Ethics and Ethical Theories. It will include an introduction to ethical theories, virtue ethics, and care ethics. There will be sections discussing absolutism versus relativism, consequentialism versus deontological ethics, and lastly, free will versus determinism. It will also include a discussion about the study of morality and identify which of the approaches (Scientific, Philosophical, or Theological/Religious) are closest to my own personal beliefs. There will be a discussion regarding the three sources of ethics

In the March of the early 2000s, Adelphia officials was charged with stealing on what could be classified as a “grand scale” event. Around that same time, the company

By manipulating the financial statements, the company gave a false impression on its future prospects of the company, allowing them to more freely raise capital through the issuance of common stock, and inadvertently inflating stock prices.

The Enron and WorldCom scandals were arguably the incidents that permanently changed the procedures for accounting controls. In response to these incidents, the Sarbanes-Oxley Act (SOX) of 2002 was passed. Once the knowledge of these scandals was made public, a number of subsequent accounting scandals were discovered in public companies such as Tyco International, HealthSouth, and American Insurance Group. In addition, a then-employee-owned company, Post, Buckley, Schuh & Jernigan, Inc. (dba PBS&J, now known as “Atkins North America, Inc.”), was also hit by a similar accounting scandal. Henceforth, a case study of PBS&J is presented where we will examine the fraudulent transactions that

As a publicly-traded corporation, Adelphia, Inc. was one of the largest providers of cable services in the United States. After the company went public, it was learned that the company had materially

Sexual Harassment and Falsifying data are an unethical practice that could happen in an organization. Leaders are required to take action. In the case of the Mysterious Roses and the case of the Cold Feet G BioSport find themselves resolving serious dilemmas. This discuss will address decision-making steps, ethical lenses used to make decisions, and ethical lenses that influence decisions.

Adelphia is the 6th biggest cable television provider in the United States and, with various subsidiaries, gives services of cable television and local telephone service to customers in 32 states and Puerto Rico. Adelphia means "brothers" in Greek. It used to be one of America's largest cable companies. John Rigas established the company and served as CEO and chairman. John's son Tim was CFO, and Tim's brothers, Michael, and James were Vice Presidents. All four were council members, along with John's son-in-law Peter Venetis. The Rigases also had 100% possession of class B super-voting shares, which granted the family majority voting rights.

Using a current example of an ethical issue, the definition of what an ethical issue is will be reflected upon as well as how the example case reinforces Plato’s’ quote.

Ethics determine what is considered decent and acceptable behavior in society and it is a key aspect of life, whether it is at work, home, or in society. As bizarre as it seems, some things may not be illegal, but can be extremely unethical. Yet in the same sense what is unethical varies by the person. The purpose of this paper is to expound the differences between the three main ethical theories in criminal justice. While elaborating on how an agency can be improved when applying the correct theory to the problem.

There are a variety of different ethical systems that have developed of the course of millennia. However, even though the subject has been covered so thoroughly, it is still heavily debated. The varieties of ethical systems that are in existence look at various ethical problems from different perspectives and can be applied differently in different circumstances. Because of the subjective aspects to applying ethics, they can be as much an art as they are a science. Ethics are something that must be practiced and really cannot be perfected. In this way, studying ethics is a continual process that does not really stop. This paper will argue that ethics are the most important subject that an individual can pursue.

Records falsification was not the only illegal activity the Rigas family was wrapped up in. The family used company funds, unbeknownst to their investors, to finance personal endevours and interests. Examples include using corporate money to build a $12.8 million golf course on the Rigas property, using the company plane for personal vacation trips including a safari to Africa, and funding for two Manhattan apartments for his family (Markon, 2014). Not only this, but John Rigas purportedly used the company jet to fly a Christmas tree two times to his daughter in New York (Barlaup, 2009)! All of these incidents are just brief excerpts of the fraud and misuse of company funds that John Rigas and his family committed without any intention of ever paying back into the company. These actions, namely lying and stealing, prove to be the heart of the two moral issues that will be further analyzed.

On March 15, 2005 former CEO of WorldCom, Bernard Ebbers sat in a federal courtroom waiting for the verdict. As the former CEO of WorldCom, Ebbers was accused of being personally responsible for the financial destruction of the communications giant. An internal investigation had uncovered $11 billion dollars in fraudulent accounting practices. Later a second report in 2003 found that during Ebber’s 2001 tenure as CEO, the company had over-reported earnings and understated expenses by an astonishing $74.5 billion dollars (Martin, 2005, para 3). This report included the mismanagement of funds, unethical lending practices among its top executives, and false bookkeeping which led to loss of tens of thousands of its employees.

Lindsay Rohland (2015) defined an ethical dilemma as, “a complicated situation in which one must make a difficult choice or decision in the face of conflicting morals.” The choice between right or wrong may seem a challenging but a person’s morals are typically influenced by religion. Christianity has answers for every dilemma a person could be facing. The ethical dilemma of pornography will be analyzed by the Christian worldview, and compared to the perspective of the pantheistic worldview.

As the turn of the 21st Century evolved, it appeared as if Adelphia Communications Corporation was on a direct path of success; unbeknownst to their investors and the public, they were in reality on a direct path of destruction instead. Unfortunately, Adelphia is not the first major company in the history of the United States’ business world to lose the trust of the American public, but it is certainly one of the most notable ones to do so. As the events surrounding the Adelphia scandal unfolded in full view of the public eye, a multitude of media outlets were there to broadcast the destruction and distrust to the masses leaving many wondering if the term “business ethics” was actually nothing more than just an oxymoron. Throughout this

In 1952, John Rigas purchased his own cable company. By the late 1990's, he had turned it into the sixth largest cable company in the United States with 5.6 million customers. The business was always run as a family style business which led to fraudulent acts among family members and upper level executives. The family has been accused of stealing $3.1 billion from Adelphia and is now facing criminal charges. Adelphia was forced to file chapter 11 bankruptcy and as of April 24, 2004, the new board of directors made the decision to break up the company and sell it. The Adelphia scandal is morally wrong because the Rigas family coerced and exploited employees, harmed all stakeholders as well as stockholders, and