Worldcom Case Study

WorldCom Case Study: Lack of Leadership, Lack of Ethics Emily Fearnow ORG 500- Foundations of Effective Management Colorado State University – Global Campus Dr. Cheryl Lentz May 15, 2011 WorldCom Case Study: Lack of Leadership, Lack of Ethics A multitude of choices made by executives at WorldCom led to the ultimate demise of the company as it was previously known, the employees and their livelihoods’, and the trust of the American people. In a time when corporations

The actions of former WorldCom Chief Executive Officer (CEO) Bernard Ebbers were extremely indicative of leadership. Unfortunately, Ebbers also displayed destructive deviant behavior that was equally as extreme. He was described by key staff members at WorldCom as a “charismatic leader who inspired extraordinary levels of personal loyalty and high employee performance” (Treviño & Brown, 2005). As a leader, Ebbers gave back to the Mississippi community by teaching at his local church, serving meals

WorldCom Case Study WorldCom Inc. began as a small Mississippi provider of long disntance telephone service called LDDS. It wasn’t till the late 1990s that it began to expand into MFS comminications and acquired MCI acquistions. This late economic prosperity was characterized by a perceived expansive growth that increased the expectations of a company‟s performance. The telecommunication company became a victim of these expectations, which led to the new evolution of a fraud designed to deceive

The case study of WorldCom divulges two issues that led to the collapse of the company, namely unethical leadership and a lack of reporting mechanism – linked to poor communication within the company. Conger and Riggio (2012, p. 58) note that leaders who practice with integrity “treat ethics as “a driving force of an enterprise”. Consequently, the ethics program to be designed and implemented needs to consider the role of leadership and communication to make the ethics program effective. Other considerations

WorldCom Scandal On December 8th, 1983 a telecommunication, media broadcasting, phone service provider known as WorldCom was planned. WorldCom has had many names throughout it production. For example, LDDS (Long-Distant-Discount-Service), and also now it's known as MCI. WorldCom is known for its accounting flaws and being a business who was a scandal business in the end. Due to the unthoughtful decisions WorldCom made they were responsible for many people losing their jobs, and many key employees

Abstract This paper will discuss the corporation WorldCom, a telecommunications company that was based in Mississippi. In 2002 WorldCom was involved in one of the largest accounting scandals in the United States. WorldCom inflated its assets by nearly $11 billion dollars, which eventually lead to about 30,000 employees losing their jobs, as well as, 180-billion dollars in losses for its investors. The CEO at the time of this accounting fraud was Bernard Ebbers and led to him receiving a 25-year

the fraud, the consequences of their actions for them and the corporation, and the final outcome for the corporation and those directors and officers held accountable. According to the Report of Investigation by the special board of directors for WorldCom the accounting fraud was a number of unsupported and false accounting entries. During the investigation key witnesses were unavailable for questioning and accounting documentation was either nonexistent or piled on the floor of the storage area.

Julie Cihacek Case #1: Cynthia Cooper and WorldCom Internal Auditing September 3rd, 2015 Cynthia Cooper was contemplating over this whole debacle with what was the right decision to make with her discovering “almost four billion dollars in questionable accounting entries”. (Mead) While contemplating something crossed her mind on deciding if she should speak up and become known as a whistleblower, is that her findings could cost WorldCom’s credibility, about seventy thousand employees would lose

Integrated Audit Practice Case 5th Edition Solutions Free PDF eBook Download: Integrated Audit Practice Case 5th Edition Solutions Download or Read Online eBook integrated audit practice case 5th edition solutions in PDF Format From The Best User Guide Database 5th Edition (2011); Armond Dalton Integrated Audit Practice Case (group mark). 15% . Attempting homework before looking at the solutions will test your. Integrated Audit Practice Case, 5th edition, by Kerr, Elder & Arens (ISBN No. 978-0-

Successful Start-ups & Key Success Factors A study of the Fast Growing Firms by Bertrand Brillois Avdelning, Institution Division, Department Datum Date 2000-06-02 Ekonomiska Institutionen 581 83 LINKÖPING Språk Language Svenska/Swedish X Engelska/English Rapporttyp Report category Licentiatavhandling Examensarbete C-uppsats X D-uppsats Övrig rapport ____ ISBN ISRN Internationella ekonomprogrammet 2000/36 Serietitel och serienummer Title of series, numbering ISSN URL för elektronisk