CHAPTER 4 CHAPTER OUTLINE What Is Managerial Ethics? Criteria for Ethical Decision Making Utilitarian Approach Individualism Approach Moral Rights Approach Justice Approach Factors Affecting Ethical Choices The Manager The Organization Managerial Ethics and Corporate Social Responsibility LEARNING OBJECTIVES After studying this chapter‚ you should be able to do the following: 1 Define ethics and explain how ethical behavior relates to behavior governed by law and free
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Table of contents: 1. Introduction ---------------------------------------------------------------------------------- -2- 2. The first effect: accountants responsibility increase * Special sections of SOX that increase accountants responsibility by imposing criminal liability------------------------------------------------------------------------------------------ -3- * Accountants independence resulting in a higher responsibility of accountants------- -4- * Fraud decrease
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Global Reciprocal Colleges 454 GRC Bldg. Rizal Ave. Ext. Cor. 9th Ave. Grace Park‚ Caloocan City “Central United Methodist Church” A Case Analysis Presented to: Mr. Jerome Lasquete Professor – MGT X In Partial Fulfillment of the Subject MANAGEMENT X: Strategic Management Prepared by: Bautista‚ Estrella M. VI – Cleanliness / BSBA – HRDM (date) Approval Sheet In partial fulfillment of the subject requirements in STRATEGIC MANAGEMENT (MGT X)‚ this enrichment report has
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1. When asked the vast majority of people will agree with the following two statements. Would you agree with them also? a. I have solid‚ well-considered ethical beliefs that can be altered only by reasoned arguments or new evidence. b. I have character and integrity that will carry me though when I face difficult moral choices. I believe that I do have solid and well considered ethical beliefs that can be altered only by reasoned arguments and the emergence of new evidence. I also believe that
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INDEX SR NO. | CONTENTS | Pg No | 1. | What is stock market? | 1 | 2. | What is fraud? | 3 | 3. | Definition of fraud | 4 | 4. | Fraud law & legal definition | 5 | 5. | Definition of scam | 7 | 6. | When stock fraud occurs | 8 | 7. | Financial statement fraud | 10 | 8. | Features of security scam | 12 | 9. | How to spot stock scams | 13 |
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Ministry of Science and Education of Ukraine Kharkiv National University of Economics Department of Foreign Languages Public relations: an essential part of communication and business systems Contents: Introduction……………………………………………………………………….4 Part 1 Conception of public relations………………………………………………....5 1. History of development……………………………………………………….5 2. Definition of public relations……………………………………………….…6 3. Main objectives and goals of PR……………………………………………
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learn that Enron‚ the giant energy trading company‚ had created off-the-books partnerships to unlawfully hide its debts and losses. The Enron disgrace soon was followed by more scandals at major companies like WorldCom‚ Tyco International‚ ImClone‚ HealthSouth‚ and Boeing. (See the Legal Briefcase box for a brief summary of a few of these cases.) In recent years‚ greedy borrowers and lenders alike were among those who brought the real estate‚ mortgage‚ and banking industries to the edge of a financial
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chapter 2 Business Ethics and Social Responsibility OBJECTIVES After reading this chapter‚ you will be able to: • Define business ethics and social responsibility and examine their importance. • Detect some of the ethical issues that may arise in business. • Specify how businesses can promote ethical behavior. • Explain the four dimensions of social responsibility. • Debate an organization’s social responsibilities to owners‚ employees‚ consumers‚ the environment‚ and the community. • Evaluate
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Agency Costs of Overvalued Equity Michael C. Jensen* I define and analyze the agency costs of overvalued equity. They explain the dramatic increase in corporate scandals and value destruction in the last five years; costs that have totaled hundreds of billions of dollars. When a firm’s equity becomes substantially overvalued it sets in motion a set of organizational forces that are extremely difficult to manage—forces that almost inevitably lead to destruction of part or all of the core value
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Internship Report On Earnings Management and Corporate Governance in Bangladesh (The Role of the Board and the Audit Committee) Prepared for: Mr. Shubhankar Shil. Assistant Professor‚ School of Business University of Liberal Arts Bangladesh (ULAB) Prepared by: Rashed Hossain ID: 092011001 Concentration: Finance School of Business University of Liberal Arts Bangladesh (ULAB) April 27‚ 2013 Mr. Shubhankar Shil. Assistant Professor‚ School of Business University of Liberal Arts Bangladesh
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