Unethical Research RES/351 Due November 12‚ 2012 My goal was to search for an article that regards unethical research in a field of business. The article I found is titled The Publication of Ethically Uncertain Research: Attitudes and Practices of Journal Editors. Before I read this article‚ I had not any idea about the restrictions of research in the media. From what I have learned through the article‚ there are many restrictions in doing so. For instance‚ the Declaration of Helsinki
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Enrons Fall Kenneth Lay – CEO Auditors – Arthur Anderson Jeffrey Skilling – Consultant‚ Hired as a young consultant‚ as due to deregulation‚ Enron incurred massive debts. Jeffrey skilling was hired to come up with innovative new ideas. His revolutionary idea for Enron was to ‘create a gas bank in which Enron would buy gas from a network of suppliers and sell to a network of consumers‚ contractually guaranteeing both the supply and the price‚ charging fees for the transactions and assuming the
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The Downfall of Enron Valerie Glushkov Enron Company was once one of the biggest energy company in the U.S. Fortune magazine ranked Enron as #7 in April 2001 in Fortunes ranking by market capitalization of the five hundred largest corporations in the United States. On December 2‚ 2001‚ Enron filed for Chapter 11 bankruptcy. The unexpected and rapid collapse in the market value of this corporate giant has had immense consequences for nearly all of its stakeholders
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Review of accounting ethics : The Enron Fraud Kemal Cankaya Strayer University Arlington Campus Financial Accounting Prof. Tony Somathiti February 1‚ 2013 The Enron Fraud “Enron‚ a Houston-based energy firm founded by Kenneth Lay‚ transformed itself over its sixteen years lifespan from an obscure gas pipeline concern to the world’s largest energy-trading company (both off and online). Enron has become an interstate and intrastate natural gas pipeline company
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Enron was a company in the energy industry founded in 1985 by Kenneth Lay. Enron was based in Huston‚ Texas and employed approximately 20‚000 people. In 2001‚ Enron filed for bankruptcy after many years of lying‚ fraud‚ and dishonesty with their financial books. Enron was pretending to be a huge‚ successful company when in reality‚ it was in a financial hole so deep there was no way of getting out. Discuss and analyze the culture at Enron. In what way was it effective? In what ways was it the catalyst
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Unethical Recruitment Wal-Mart vs. Target Ethics is a very crucial part in businesses especially when it comes to the Human Resource department to recruit ethically. Ethics seeks to address questions about morality‚ different concepts of what is good and bad‚ right and wrong‚ justice‚ and virtue. (Hirsch‚ 2010‚ p.33) Many people associate ethics with their feelings‚ religion‚ laws and cultural society but on the contrary ethics is not a matter of one’s feelings nor is it based on religion
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auditors and Enron and the existence of conflicts of interest. From 1993‚ Enron started to outsource its internal audit functions to Anderson. Besides‚ conflicts of interest gets aggravated when the cross-selling of consulting services by auditors increases a lot. And consulting fees to auditors are much lucrative than the audit fees. As a result‚ Enron could easily threaten Anderson to give a favorable opinions to the public and otherwise Anderson couldn’t maintain a good relationship with Enron. Most
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Most of the times‚ the room is dark. There are days when it is bright and I can see almost everything clearly. The sunshine is reflecting through the cracks in the door‚ spreading across the room. My face breaks into a smile‚ my eyes shine and happiness fills my heart as I think I can leave the darkness. I can leave and be happy‚ be myself and no one will care. I open the door‚ just a little‚ and take a small peek. When I see the happiness shine‚ I expect to see smiling faces‚ people saying they’ll
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1. What did Arthur Andersen contribute to the Enron disaster? Arthur Andersen (AA) contributed to the Enron disaster when AA consulting became its own separate entity‚ named Accenture. Revenues from consulting services surpassed revenue from auditing services. A natural competitiveness grew between the two rivals and this is where the problems began to start. Management held maximinizing revenues as their primary focus of success and promotions/bonuses were based on this factor. The CEO of AA‚ Joe
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Ethical decision making: A dilemma Ethical issues have greatly transformed in our lives since the great Enron‚ Xerox and other huge corporations proposed big profits showing earnings of billions of dollars and yet in reality facing bankruptcy. These corporations faced great trouble with the federals and state for manipulating financial statements. But not only corporations can be blamed on this‚ accounting firms were involved in this as much as the corporations were. With the business stand
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