Business values and ethics in Asia: a problem for international companies? Name of the author: Dan Wu Student number: 7079393 Introduction After the 1997–99 Asian financial crisis revealed the rot in many Asian companies‚ ‘allegations of nepotism‚ corruption‚ crony capitalism‚ and collusion have been frequently referred to contribute to the downfall of Asian governments in Japan‚ Thailand‚ and Indonesia’ (Ang and Leong‚ 2000). Before many U.S. and European companies start doing business in
Premium Ethics Business ethics
Design & Business Ethics: A Literature Review Liberty University Online Dr. Maddox May 9‚ 2014 Abstract A review of the current literature regarding business ethics was conducted analyzing scholarly peer-reviewed articles about business ethics and their relation to leadership‚ managerial decision making‚ corporate social responsibility and overall corporate structure. Increased corporate scandals and the discovery of a rise in unethical business practices have thrown the topic of business ethics
Premium Ethics Business ethics
Ethics in Accounting and Financial Decision Making Fin 324 February 5‚ 2007 Ethics in Accounting and Financial Decision Making In his article‚ "Beyond Sarbanes-Oxley. Three best practices to adopt in your organization‚" the author‚ Neil S. Lebovits‚ suggests that organizations can do several things in order to ensure their ethical health. The top three practices suggested by Lebovits are to cultivate ethical role models‚ demonstrate ethical decision-making‚ and to encourage pushback. This
Premium Public Company Accounting Oversight Board Ethics Enron
ETHICS PAPER Crib Sheet Ethics Paper Write at least a 1000 word paper in which you do the following: Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Include at least one example of a company overstepping ethical boundaries for stakeholder agendas‚ and what types of preventative measures could be taken to avoid this kind of situation. Format your paper consistent with APA guidelines. Click the Assignment Files tab
Premium Ethics Business ethics Management
Responses to recent corporate collapses have overlooked the importance of business ethics in managing risk * Four indicators of business ethics and their risk management aspects are discussed * Investors are wanting companies to disclose how they are managing the risks from poor business ethics practices Over the past decade‚ poor risk management of various kinds‚ for example‚ a lack of board independence or potentially compromised auditors‚ has contributed to sometimes spectacular company
Premium Business ethics Ethics Management
recent subprime mortgage crisis? What could they have done differently? An independent auditor has a duty is to: identify‚ measure‚ and communicate financial information about an entity for decision making purposes. They are also responsible for generating the financial statements/reports for an organization. (Marshall‚ McManus‚ Viele‚ 2008) The subprime mortgage crisis is the result of contract laws allowing lenders the securitization of subprime mortgage loans. Other causes of the subprime mortgage
Premium Subprime mortgage crisis Subprime lending Mortgage
Action Items 1. Review the assigned readings from the text and article by Carroll (1991). 2. Prepare a 3- to 5-page paper titled‚ Corporate Social Responsibility. 3. Reflect upon your text readings from Chapters 1 and 9 with a focus on the following core concepts: Organizational Social Responsibility (Chapters 1 and 9) The Ethical Decision-making Process (Chapter 1) Corporate Reputation (Chapter 9) The Corporate Social Responsibility Pyramid (Chapter 9) The Importance of Trust (Chapter 9)
Premium Ethics Social responsibility Drug development
ACCOUNTING MINICASE: ACCT – 13 TEACHING NOTES BUSINESS ETHICS PROGRAM Survive the Year Teaching Notes What Are the Relevant Facts? 3. Not make the allowance adjustment but provide information to the auditor that will effectively lead to revealing the uncollectability of the Ender account. Chris and Robin‚ the CEO‚ know a material receivable is probably uncollectable‚ but no adjustment to the allowance account has yet been made. 4. Make a partial adjustment for the uncollectable receivable
Premium Ethics Auditor's report Business ethics
ACCOUNTING MINICASE: ACCT – 17 TEACHING NOTES BUSINESS ETHICS PROGRAM Ignore the Error? Teaching Notes What Are the Relevant Facts? 1. Kelsey‚ the audit senior‚ knows a material cutoff error exists in Compo’s financial statements. 2. Compo‚ a major client of the CPA firm‚ does not want to make an adjustment for the cutoff error. 3. 4. What Are the Ethics of the Alternatives? • Contrary to the firm’s policy‚ Bruce‚ the audit manager‚ has asked Kelsey not to document the cutoff error. What
Premium Business ethics Ethics All rights reserved
Ethics are a set of moral principles which are recognized in respect to a particular class of human actions or a particular group‚ for instance the medical ethics‚ legal ethics‚ teaching ethics‚ business ethics that brings together people of the same profession. These principles deal with values relating to human conduct with respect to concepts such as being good or bad‚ decent or shameful‚ right or wrong etc. These values guide members of a group to act in a manner that is consistent with the
Premium Social responsibility Business ethics Ethics