What is a whistleblower? The dictionary defines a whistleblower as one who reveals wrongdoing within an organization to the public or to those in positions of authority. Whistleblowers are often misjudged. People view them as traitors when all they really want is to fix the problem or the injustice. Seemingly‚ a whistleblower tends to be the kind of person who has to do the right thing‚ which is telling the truth. Many whistleblowers did not set out to risk their lives. They know the telling truth
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CPI Case Bob Marsh a pharmacy manager takes a job with Cooper Pharmaceuticals and has an illustrious 12 year career with them. Throughout his career and especially towards the end Bob was conflicted with doing what was best for his customers and satisfying management. Every year management would do performance evaluations measuring how the salesman’s sales volume was and how his/her relationship improved with the physicians they try to sell to. Bob was always hitting or exceeding quota and had
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Auditing Case 6.3 Question 1 Recent Developments in WorldCom Case * March 26‚ 2010: Third Distribution of Settlement Fund Made in Accordance with Court Order of September 18‚ 2009. * September 18‚ 2009: Judge Cote Grants Approval of the Final Distribution Plan * February 15‚ 2008: Second Distribution of Settlement Fund Made in Accordance with Court Order of January 23‚ 2008. * January 23‚ 2008: Judge Cote Grants Approval of Second Distribution of Net Settlement Fund. Question
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What is employment-at-will and whistleblower policy? This paper will provide a better understand of what these policy is and how each could apply to the relationship of employer-employee in the work force. The employment-at-will doctrine avows that‚ when an employee does not have a written employment contract and the term of employment is of indefinite duration‚ the employer can terminate the employee for good cause‚ bad cause‚ or no cause at all.[1] Employment-at-will doctrine consisted of three
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Introduction WorldCom was America ’s second largest telecom company in 2000 (The WorldCom Accounting Scandal‚ 2002). Making a modest beginning in the hinterland of Mississippi in 1983 with a meager capital of less than 100‚000 USD it reached the pinnacle of corporate success reporting more than USD 39 billion in revenue and USD 150 million in MCAP (The WorldCom Accounting Scandal‚ 2002). In the process it became 42nd in the Fortune 500 list. Under the leadership of CEO Bernie Ebbers it grew rapidly
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E. Boos – Week 2 – Assignment February 17‚ 2013 The Enron and WoldCom Scandals ENRON 1. The segment of Enron’s operations that got them into difficulties had several parts. They published misleading financial reports. They could not meet their bridge financing commitment with Barclay Bank because outside investors were not found. Because of this‚ they restated activities of JEDI and Chewco SPEs so they could be retroactively consolidated into Enron’s accounts. The SPEs
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In recent years‚ there has been an increase in the number of whistleblowers pointing out questionable acts by the American government. The government has responded by prosecuting the whistleblowers under the Espionage Act. The question then arises‚ what exactly is whistle blowing? In academic literature‚ whistle blowing is defined as "the disclosure by organization members (former or current) of illegal‚ immoral and illegitimate practices under the control of their employers to persons and organizations
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Ms. Cynthia Wilson is the active superintendent of Orangeburg Consolidated School District 5. Her leadership serves a big school district comprised of three high schools‚ a Technology Center‚ three middle schools and eight elementary schools. Orangeburg Consolidated School District Five‚ the largest of three public school districts in Orangeburg County‚ serves approximately 7‚000 students living in the city of Orangeburg and the communities of Bowman and North. Ms. Wilson dedicated her 22 years in
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Case Study The Rise and Fall of WorldcomThis case study is about Bernard Ebbers CEO of Worldcom‚ Inc. and Scott Sullivan CFO of Worldcom‚ Inc. once they were boosted the company growth and they got awards. Later on they made frauds by using their influential tactics on employees and company’s board. Those are Assertiveness: it involves applying legitimate and coercive power to influence others by threatening or giving punishment. This tactic was used by sullivans office where they berated and intimidated
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Cooper Industries Inc. Based on the given information in the case study regarding the acquisition of Nicholson File Company by Cooper Industries‚ there is no question that Cooper should try to gain control of Nicholson. This decision is based on an analysis of the bargaining positions of each group of Nicholson stockholders which have disparate goals and needs that need to be met. In addition‚ an appropriate payment method and specific dollar value based on a competitor’s offer and Cooper financial
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