Effect of Unethical Behavior Article Analysis Lindsey Davison August 26, 2013 Acc/291 Jonathan Gillen Effects on Financial Statements When the Sarbanes-Oxley Act was implemented in 2002, it impacted a lot of publically traded companies. There were many companies that were using unethical practices to boost their numbers and give the top dogs of the company’s loads of money. Companies like Enron, Tyco, and WorldCom were companies that most of us heard about getting hit the hardest once
Words: 574 - Pages: 3
5- Balance Sheet Presentation along ratio analysis According to Holmes, Langford, Welch, & Welch, (2002). The article examined several points in connection with fraud. These points were: (a) whether fraud schemes varies and depending on the attitude of Top level executives regarding controls; (b) whether discovering of such schemes varies based upon attitude; and (c) whether outcomes differ based on attitude also this article contain several dimensions as follows: victim to any
Words: 512 - Pages: 3
information technology in a modern society. “Information technology basically refers to the employment of computer hardware and software applications to manage data” (K Alliance). Historically, information technology had limited applications and its impact on society was also limited. Information technology has come a long way since Jean Hoerni first developed the planar transistor whereby microscopic circuit boards could be laid out on the silicon surface, thus allowing the compacting of these circuits
Words: 1620 - Pages: 7
APRIL 25, 2015 MGMT 204 CRN: 34272 Current Human Relations Challenge: Organizational Ethics Ethics is the moral standard of right and wrong behavior (Lussier, 2013, pg. 72). Organization as defined by Lussier is “a group of people working to achieve one or more objectives” (Lussier, 2013, pg. 457). Organizational ethics is code of conduct for businesses. In this paper, three different ethics studies, from the Business Journal of Ethics, are examined. They are “Boardroom Diversity and
Words: 1895 - Pages: 8
taken into careful consideration for stakeholders within organizations. There are preventive measures that companies can take to prevent unethical behavior and prevent stakeholders from overstepping boundaries. Roles of Ethics and Social Responsibility in Strategic Planning Business Ethics Ethics is defined as the consensually accepted standards of behavior for an occupation, a trade, or a profession (Wheelen & Hunger, 2010). Many will debate whether business ethics actually exists. The argument
Words: 1314 - Pages: 6
newspaper and avoid reading an article dealing with the unethical and possibly even illegal conduct of those who run our businesses. Whether it is insider stock manipulation, off balance sheet partnerships, questionable accounting practices, dumping of environmental contaminants, the stories continue to appear. The ethical conduct of U.S. businesses will be examined and compared with that of the past. The ethical climate has changed in the last couple of decades. Unethical conduct is nothing new to
Words: 2015 - Pages: 9
Effect of unethical article ACC 291 June 27, 2013 Julio Medina The unethical behavior of Enron Corporation The unethical habits and behavior's in accounting would be deceptive under financial analysis such as gainings, misuses of fundings, overstating the value of corporate assets or underreporting the existence of liabilities, overdoing revenue as well as understanding expenses. Another unethical systems would be securities fraud, manipulation of the financial markets and bribery. Enron is
Words: 819 - Pages: 4
Running head: COCA-COLA ETHICAL ANALYSIS Coca-Cola Ethical Analysis Coca-Cola Coca-Cola is a reputable company that has been a recognizable brand in the United States since it’s creation in the late 1800s. Rapidly expanding in the international market, Coca-Cola has proven to their competitors they are innovative, forward-thinking, and here to stay. After the untimely death of CEO, Roberto Goizueta, Coca-Cola has experienced various ethical dilemmas. These ethical dilemmas
Words: 3078 - Pages: 13
multinational firms face the challenge of poor employment standards, environmental protection, and health and safety standards despite companies’ continued investment in audits, supply chains, and other practices to help tackle the problems. The article researches the most effective responsible supply chain practices that will aid in alleviating these issues. Furthermore, it elaborates on three key categories of reliable supply chain procedures. The first is management systems where leadership
Words: 954 - Pages: 4
illegal but which are believed by the employee to be unethical are less apt to be actionable. Both of these situations are addressed in terms of the so-called public policy exception to the employment at will rule. The cause of action, often labeled "wrongful discharge" or "retaliatory discharge," is typically tort-based, although a few states employ contract theory in this context. On the other hand, individuals who report illegal or unethical practices within the organization--for example, to a
Words: 4731 - Pages: 19
