The Enron Kaiwing Ho Ethics‚ Governance & Accountability BU.135.301.U2.FA12 Professor Crain November 21‚ 2012 Enron Since Enron Corporation has been bankrupt there were 20‚000 employees lost their jobs‚ medical insurance and average severance pay was only $4500. However‚ the top executives were paid bonuses totaling $55 million. In 2001‚ employees lost $1.2 billion in retirement funds and retirees lost $2 billion in pension funds. Yet‚ Enron’s top executives cashed in $116 million
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References: Friedman‚ J 2007‚ Dictionary of Business Terms‚ 7th edn‚ Barron ’s Educational Series. DesJardins‚ J 2006‚ An Introduction to Business Ethics‚ 2nd edn‚ McGraw-Hill Irwin. Ghillyer‚ A 2010‚ Business Ethics: A Real World Approach‚ 2nd edn McGraw-Hill Irwin. Ghillyer‚ A 2011‚ Business Ethics Now‚ 3rd edn McGraw-Hill. Hartman‚ L 2005‚ Perspectives in Business Ethics‚ 3rd edn‚ McGraw-Hill Irwin. McHugh‚ FP 1988‚ Keyguide to information sources in business ethics
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behavior within its assembly. As every employee processes different experiences‚ philosophies‚ culture and religions‚ it results in perceptual differences‚ ethical disagreements due to diverse individuals experiencing and analyzing problems (Hartman & Desjardins 2008). Ethical theories can be generally differentiated into two main categories‚ the consequence based/ teleological and non consequences-based/ deontological. When engaged in the decision making process within an organization‚ ethics guides
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Adrianna Casale‚ Julie Cavicchia Moderators - Matthew Desjardin‚ Heather Duphily Respondents- Molly Keating‚ Jacklyn Moylan‚ Catherine Naylor Viewers- Edward O’Donnell‚ Meghan O’Neill‚ Meghan Reilly‚ Nicholas Mandarakas Blog #2 Posters – Molly Keating‚ Meghan O’Neill‚ Catherine Naylor Moderators – Edward O’Donnell‚ Nicholas Mandarakas‚ Catherine Naylor Respondents – Adrianna Casale‚ Meghan Reilly Viewers – Julie Cavicchia‚ Matthew Desjardin‚ Jacklyn Moylan Blog #3 Posters – Edward O’Donnell
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Normative theory and whistle-blowing Introduction Whistle-blowing in this context is the act‚ for an employee‚ disclosing what he believes to be an unethical or illegal behaviour to higher management (internal whistle-blowing) or to an external authority or the public (external whistle-blowing). Examples of unethical acts include sexual harassment and racial discrimination at work while illegal act include the accounting fraud by the Arthur-Andersen accountants for Enron (Sims & Brinkmann 2003)
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unified and coherent theory‚ we seem relegated to ethical relativism” (Desjardins‚ 2006‚ p. 262). In contrast to the monists‚ “pluralists” are those who “accept the possibility that more than one basic approach can be legitimate” (Desjardins‚ 2006‚ p. 262) and they subscribe to “a plurality of moral truths‚” as opposed to the relativist‚ who contends that lack of a single truth means that there can be no moral truth. Desjardins notes that “perhaps it is a mistake to apply scientific and mathematical
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An Ethical Interview Business Ethics 1. My subject for the ethics interview was Angela Williams. I have known Angela throughout my life as a member of my family. She is six years older than I and is experienced in the corporate world which makes her an ideal subject for this interview. Angela graduated from Catholic University in 2005 and has held three separate jobs since then. Other than a Catholic college‚ she has attended Catholic school throughout her life including a small‚ all-girls
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References: * My Lifestyle’s website: http://songphongcach.com/ * http://www.managementstudyguide.com/factors-affecting-organization-culture.htm * Hartman‚ Laura P.‚ and Joe DesJardins. Business Ethics. 2nd edition. Chapter 4: The Corporate Culture – Impact and Implications
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University Medical Center and New York-Presbyterian Hospital need to be more vigilant in safeguarding patient’s information. According to a study conducted by BitSight Technology‚ they reported that medical records sold on the black market cost $20 each (Desjardins‚ 2014). This is easy cash for cyber bandits. Moreover‚ these bandits easily retrieve medical records due to errors that can be easily ameliorated. Errors result due to health organizations being the new kid on the block where data protection is
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Abstract The purpose of this paper is to carefully analyze the two required textbooks for this course. The two texts are: “An Introduction to Business Ethics” by Joseph DesJardins and “Supercapitalism: The Transformation of Business‚ Democracy‚ and Everyday Life” by Robert Reich. This paper will analyze the views of each author as well as address the differences and similarities between the two texts. This paper will answer a number of questions‚ including: what are the views of each author in
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