Question
Asked Sep 29, 2019

Why do "ethical violations end careers"?

check_circleExpert Solution
Step 1

The ethical considerations are highly important for management accounting and financial management professionals and for the organization as a whole. Ethical considerations encompass the ethical behaviour of individuals, the importance of an ethics based organizational culture, impact of the external environment on ethical business practices of organizations, impact of ethical behaviour on responsibilities of management accounting professionals, and implementation of an ethics based environment in the organizations.

Step 2

Ethical violations end careers because:

  • Organizations intend to uphold and maintain ethical standards. A violation leads to loss of compliance with the vision of the firm.
  • Ethical violation is a breach of trust companies have in their empoyees. This is not acceptable to the compnay ...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour*

See Solution
*Response times may vary by subject and question
Tagged in

Business

Finance

Other

Related Finance Q&A

Find answers to questions asked by student like you

Show more Q&A add
question_answer

Q: Here are the percentage returns on two stocks. Digital Executive Month Cheese Fruit January February...

A: Variance:Variance is a valuation of difference in each stock from the mean of stocks. It shows how a...

question_answer

Q: 51.Dr. Patriot has been working on an advanced ballistic missile technology for the U.S. military. T...

A: As per the question, the technology will generate $2,000,000 seven years from now and will grow at 2...

question_answer

Q: A pleasant gentleman has advised you via email that you are entitled to a $1 million inheritance. Pu...

A: Calculate the retirement money as follows:MS-Excel --> Formulas --> Financials -->  FV

question_answer

Q: If Roten Rooters, Inc., has an equity multiplier of 1.27, total asset turnover of 2.10, and a profit...

A: Calculate the return on equity (ROE) as follows:

question_answer

Q: The prices of a certain security follow a geometric Brownian motion with parameters mu=.12 and sigma...

A: Let's pull together all the variables of Black Scholes Model:S = Current stock price = 40K = Strike ...

question_answer

Q: Suppose that C is the price of a European call option to purchase a security whose present price is ...

A: Let's understand the given information:Current stock price is SC is the price of a European call opt...

question_answer

Q: In 2018, Beta Corporation earned gross profits of $720,000. a. Suppose that Beta was financed by a c...

A: Calculation of net profits:Excel spreadsheet: 

question_answer

Q: Samuel Johnson invested in gold U.S. coins ten years ago, paying $216.53 for one-ounce gold "double ...

A: The formula to determine the annual rate of return:Where,FV denotes the future valuePV denotes the p...

question_answer

Q: The cost of raising capital through retained eamings is the cost of raising capital through issuing ...

A: Hi, I’m answering first 3 parts of the question since there are multiple questions asked. If you wan...