TOP CORPORATE SCANDALS WorldCom The U.S.’s second-largest long-distance phone company at the time, WorldCom/MCI filed the largest Chapter 11 bankruptcy in American history in July 2002. The company used fraudulent accounting methods, namely underreporting expenses and inflating revenues with bogus accounting entries, to hide its declining financial condition between 1999 and 2002. An internal audit uncovered approximately $3.8 billion in fraud in June 2002, and in 2003, it was estimated that the
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CASE 2-4 Ethics and Airbus One September, a fraud squad, led by Jean-Claude Van Espen, a Belgian magistrate, raided Airbus’s headquarters in Toulouse. “They wanted to check whether there was possible falsification of documents, bribery or other infractions as part of the sale of Airbus aircraft to Sabena,” says Van Espen’s spokesman. The team of 20 Belgian and French investigators interviewed several Airbus employees during its three-day stay in Toulouse and carted away boxes of documents
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laws and regulations governing contact and dealings with government employees and public officials, and to adhere to high ethical, moral and legal standards of business conduct. This policy includes strict compliance with all local, state, federal, foreign and other applicable laws, rules and regulations. If you have any questions concerning government relations, contact the Company’s Legal Department at Complianceandethics@infosys.com. | GSK employees must ensure that dealings with Government Officials
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This paper will provide an explanation on how the explosion of information technology and the advances in global communications pose significant risks to American global organizations such as Amazon, Borders, and Books-A-Million as they expand in the international environment. This paper will also analyze the potential risk for American entities to invest in overseas global operations, in light of the swift accrual of the most advanced global communications technology and the rapid adoption by overseas
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MODULE 1 (Sarah Prady) Identifying Global Business Opportunities Global Business Opportunities We are a construction company that focuses on the future of the environment as well as people all over the world. We have a lot of experience, passion, and knowledge about constructing homes that are energy and meet the universal green standards. Our core business consists of constructing “green” homes for people to purchase in hopes to live a more eco friendly lifestyle in order to help save our
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Westminster International University in Tashkent International Aspects of Business Law 2012 - 2013 Legal Risks in Emerging Markets – Evaluation and Mitigation Legal Risks in Emerging Markets – Evaluation and Mitigation Student’s ID number | 000090 | Module name | International Aspects of Business Law | Module code | 6241170 | Tutor | Eldor Mannopov | Individual assignment | x | Group assignment | | Submission deadline | 13 March, 2013 | For Academic Registrar
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GM 594: Global and Domestic Security Management Table of Contents I. Introduction i. An example of an international company ii. Introduction to the subject of the paper II. Background i. Geographical location ii. History and its consequences of on this region iii. Current financial and economical situation III. Differences in the cultures i. Common ways of doing business ii. Understanding the culture and traditions IV. Security issues
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Name School Assignment ACCT XXX – Accounting I & II Abstract I believe to make this career field more attractive I would provide in this presentation the various types of businesses, non-profit organizations, and government entities both nationally and internationally. In the private sector, accounting profession include such fields as bookkeeping, payroll clerks, general accountants, budget analyst, internal auditor, and controller. In the public sector, accounting profession is found
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internally, and how we work with customers, partners, governments, communities, and suppliers. Through the Standards of Business Conduct (www.microsoft.com/mscorp/legal/buscond), Microsoft has established company standards that include ethical business practices and regulatory compliance. These standards apply to all Microsoft employees, directors, and officers. Similarly, Microsoft expects its suppliers to embrace this commitment to integrity by complying with and training its employees on the Microsoft
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Doing Business in Thailand: 2012 Country Commercial Guide for U.S. Companies INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE, 2010. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. • • • • • • • • • • Chapter 1: Doing Business In Thailand Chapter 2: Political and Economic Environment Chapter 3: Selling U.S. Products and Services Chapter 4: Leading Sectors for U.S. Export and Investment Chapter 5: Trade Regulations, Customs and Standards Chapter 6: Investment
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