The fall of Enron: Corporate Culture, Governance and Ethics Written By: Bilge-Kagan Ozturk 2007 Abstract This paper examines the critical importance of an ethically based corporate/organisational culture to ensuring company-wide ethical conduct. Testament to this topic I use the case of Enron and its ethical demise to successfully support my argument and highlight the need of top level management to be the main proponents of this culture to allow lower level employees to adopt a behaviour
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WorldCom. These businesses began with good intentions and ended up internally combusting. All of it was due to the result of GREED. Greed is a disease, and has plagued several organizational leaders over time and caused them to go against their good ethics and morals. There are many opinions as to why people commit the acts that they do but the bottom line is that money will sometimes bring out the evil in the best of people and Leaders of Corporate America are not immune. Background:
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Ethical issue: Is it ethical for the hotel to organize trips to the “Red Light” area for the purpose of boosting occupancy rates? According to Act Utilitarianism, The affected parties are: * Hotel Management (CEO – Jeronimo) * The Red Light package may boost the occupancy rate of the hotel, giving the hotel a significant source of revenue, which will ease the pressure from the shareholders. (Pleasure) * It may damage the hotel’s reputation since it is likely, that from this
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Professional Responsibility Mulligan versus Friedman perspectives on moral business decisions * Mulligan: Execs have most knowledge and will be better at at analyzing problems and implementing solutions * Friedman: Execs are not competent to solve moral problems – should be left to governemtn Director/Officer “Duty of Due Care Standard” in the Business Judgment Rule Statutory duty to act: 1. “In Good Faith” – NO SELF INTEREST 2. “With Care of an ordinarly prudent person”
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Business Ethics Case Analysis: Apple Finds Human Rights Violation In Supply Chain. Using the 7-step model of Hartman & DesJardins, which helps examining the Impact of individual characteristics and organisational policies on ethical decisions. I will review an article written by the journalist Chilton Tippin on February 17, 2011, discussing the situation that many employees are experiencing, when working with organisations, where their moral rights are not met. According to the article, Surprisingly
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Case Assignment ETH501: Business Ethics Dr. Gary Shelton Saturday, April 26, 2014 A Master’s paper submitted to the faculty of Touro University California In partial fulfillment of the requirement for the award of Graduate Diploma in Master’s Degree in Business Management Introduction The purpose of this assignment is to provide a critical analysis of the 2002 collapse of Adelphia Communications as seen through the lens of Immanuel Kant deontological ethics. This analysis will be
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Part 1- Facts of the Case Prior to the Tyco scandal, the company was one of America's largest conglomerates, with operating revenues of 38 billion dollars and 240,000 employees, worldwide. Tyco Laboratories began operations in 1960, performing experimental work for the U.S. government. The firm went public in 1964 and quickly expanded, mostly by acquisition, to exploit the commercial applications of its work. Dennis Kozlowski joined the company in 1975 as an assistant controller. The company subsequently
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Module 1 Case Assignment ETH501: Business Ethics Saturday, April 26, 2014 A Master’s paper submitted to the faculty of University of California In partial fulfillment of the requirement for the award of Graduate Diploma in Master’s Degree in Business Management Introduction The purpose of this assignment is to provide a critical analysis of the 2002 collapse of Adelphia Communications as seen through the lens of Immanuel Kant deontological ethics. This analysis will be accomplished
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Issues 4 3. Ethics Policy and its Development 5 3.1. Proposed Ethics Policy 5 3.2. Rationale of Ethics Policy 6 3.3. Policy Development 6 3.3.1. Virtue Ethic 7 3.3.2. Utilitarianism Ethic 7 3.3.3. Kantianism Ethic 8 3.4. Corporate Social Responsibility 8 4. Implementation, Effectiveness, and Limitations 9 4.1. Implementation of Ethics Policy 9 4.2
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Introduction Martha McCaskey, who had been working for Seleris Associates, a medium-sized consulting firm based in Chicago, for 18 months in the Industry Analysis Division (IAD) faced a difficult situation. Having been assigned the role of project leader in a study to be conducted for one of Seleris’s most lucrative clients, McCaskey was assured that, upon successful completion of the project, she would be promoted to group manager. Seleris’s client, a semiconductor manufacturer based in California
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