Wolf of Wall Street

Jay was a “drug dealer who worked in a porn video store” (Alvim 15). He ran an “operation out of [his] grandmother’s house...had a lot more on the line than just a few bags of weed”(Vargas-Cooper). Indisputably, Jay was a delinquent unlike Adnan, an esteemed Muslim teen referred to as the “community’s golden child”(Zaman 3). The law enforcement’s trust in Jay’s words is inconceivable; Jay is pathological liar and hooligan that has incessantly broken the law. Jay is dishonest even towards his own friend, Jenn. “When [Jenn] asked [Jay] if he was involved in the crime in any way he denie[d] it stating that even though Adnan asked for his help to bury Hae’s body, he did not help him, he only took Adnan somewhere in the city and dropped him off”(Alvim 15). Indeed, Jay seems to be minimizing his participation in the crime in order to protect himself. An innocent man would not have massive inconsistencies in his story. The discrepancies in Jay’s testimony have concealed the truth, causing for the State to have a clouded judgement on the Adnan’s

This paper will first discuss briefly what ethics are and provide the definition for an ethical issue. An ethical leadership issue is identified and explained for this author’s practice area. We will then identify and discuss key strategies for leadership that are pertinent to the ethical issue. Next, empirical evidence which supports the strategies discussed will be analyzed. Then, the impact and importance of the strategies will be stated. The final step will be to provide a conclusion to the reader that summarizes the content and strategies.

Ethical leadership is commonly connected with characteristics like fairness and honesty, that can enable a person within an organization to do the right thing. In responding to the lack of attention to the ethical dimensions of positive leadership Brown and colleagues designed a definition for ethical leadership. They would define it as “the demonstration of normatively appropriate conduct through personal actions and interpersonal relationships, and the promotion of such

Liesl invites Dunstan to come have lunch with her and Paul. It is because of her insistence that Paul and Dunstan become friends that Paul is compelled to repay Dunstan the money he stole.

Jordan’s composure and self-sufficiency express her determined “absence of all desire” and she controls her sexuality and emotions well and will not give way to impulse (Fitzgerald 10). She is sexually attractive to Nick, but morally suspect and achieves sexual freedom by means of lying (Štrba 44-45).

Jordan reported not having any friends worth mentioning. He reported his past associates or friends were trouble makers and were on probation supervision. When specifically asked about the people in the car with him on the night of the incident, he reported they were trouble makers and he should not have been associating with them. Jordan denied being in a gang, but reported some of his former associates were gang members. Jordan did not disclose the name of the gang his friends were members of and reported gangs were not positive.

This paper will respond to three questions, “Are all managers leaders?” (Phillips & Gully, 2014, p. 425) “What are some common barriers preventing leaders from behaving ethically and how can these barriers be overcome?” (Phillips & Gully, 2014, p. 450) And “Is it possible for leadership substitutes to be effective?” (Phillips & Gully, 2014, p. 450)

The topic that we choose is “The relationship between Leadership and Ethics”. The term ethics has been defined as inquiry into the nature and grounds of morality or a branch of philosophy of human conduct and determine right and wrong (Ferrell, Fraedrich & Ferrell, 2010). In the other words, it includes study of general nature of moral, specific moral choices, moral philosophy, and rules or standards of governing the conduct of the member of a profession (Ferrell et al., 2010).

Ethical leadership encompasses the manner in which one leaders that respects the rights and dignity of other individuals. According to Preston (1996) “ethics is concerned about what is right, fair, just, or good; about what we ought to do, not just what is the case or what is most acceptable or expedient” (p.16). Ethical leadership calls for ethical leaders in the organization. However, although an organization’s beliefs, valves, customs and philosophies need to start from the chief executive, the managers and employees must be dedicated to the organization’s goals for a culture be shaped (Butts Ed.). In order for a strong organizational culture to be successful, components of key valves must be in place and followed. With the

Plato once asked whether you would rather be "an unethical person with a good reputation or an ethical person with a reputation for injustice." Ethical leadership has long been a debate in regards to its importance and place in the universal business world.

Jordan Belfort is the notorious 1990’s stockbroker who saw himself earning fifty million dollars a year operating a penny stock boiler room from his Stratton Oakmont, Inc. brokerage firm. Corrupted by drugs, money, and sex, he went from being an innocent twenty – two year old on the fringe of a new life to manipulating the system in his infamous “pump and dump” scheme. As a stock swindler, he would motivate his young brokers through insane presentations to rile them up as they defrauded investors with duplicitous stock sales. Toward the end of this debauchery tale he was convicted for securities fraud and money laundering for which he was sentenced to twenty – two months in prison as well as recompensing two – hundred million in

This broader concept of ethical leadership empowers leaders to incorporate and be explicit about their own values and ethics. The following list provides a framework for developing ethical leadership. It is based on the observations of and conversations with a host of executives and students over the past 25 years, and on readings of both popular and scholarly business literature. Written from the perspective of the leader, these ten facets of ethical leaders offer a way to understand ethical leadership that is more complex and more useful than just a matter of “good character and values.”

Money, sex, drugs, and greed-these four words are characterized and displayed profoundly throughout the movie Wolf of Wall Street. Based on a true story about the life of Jordan Belfort (Leonardo DiCaprio), the movie is narrated and gives insight to the struggle, power, and addictions that surrounded Belfort’s life. Belfort was a stockbroker who learned his way as an entry-level worker on Wall Street before creating his own company Stratton Oakmont. Belfort quickly learned that success on Wall Street was a result of doing any means necessary, regardless if it was the truth or providing a false sense of hope. His main scam involved selling cheap stocks and inflating the prices so the brokers can sell at a high price. Although this was illegal, Belfort was so involved and addicted to money and drugs that his scamming ways were irrelevant.

Leadership is by all means a special talent that not all people possess. A leader must also have ethics to be effective for the long term in the corporate world. These leaders generally implement ethical programs in order to influence an organizations climate (Yukl, 2010). I will evaluate the importance of ethical leadership and the role it plays into today’s organizations. In addition, I will discuss the repercussions a company may have when its leadership allows and even rewards unethical business practices. Lastly, I will apply my personal leadership perspective. My perspective will include the path-goal theory and ethical practices that I find important to

I will examine the importance of personal ethics in leadership and how ethics produce effective leaders in organizations today. The importance of understanding ethics, motivation to act as a role model and developing a plan of action for an organization are discussed because of their importance regarding development of good leadership. These key points suggest personal ethics positively affect leadership and when made a priority for leaders will produce ethical and effective leadership. With so many definitions of leadership, the question evolved from “what is the definition of leadership?” to “what is good leadership” (Ciulla, 2004, p. 13). To develop a system of values one must compile a list of the most important instrumental values and terminal values. These lists are unique to every individual because they are determined by personal importance. Instrumental values, such as honest, helpful, ambitious, responsible, etc. should reinforce terminal values. Once a leader’s means are consistent with desired goals, their value system is unified and they have climbed the staircase from the lobby to the first level of values. The climb from the first floor to the second floor results in a person incorporating principles into their newly developed values. Although values act as the bedrock of ethics, principles are required because alone, “values are far too vague to have much meaning in ethical analysis” (Cooper, 1998, p. 12). Morals are ideals that help us decipher between right