Reference ……………………………………………………………………………………..9 1. Introduction The purpose of the essay is to prove the negative reinforcement and threats are one of the major skills to project manager, and dialectical analysis of the advantages and disadvantages of the threats in the project management. Analyze the resources of research that from the library and internet to prove the essay’s argument. The analysis combines the Maslow’s hierarchy of needs to discuss the relationship between the Incentive and needs. Based on the literature to discuss how the threats can influence the individual motivation, and use some example and antitheses to prove why the threats are necessary to project management.
The offenses are harmful to not only businesses in the United States of America but to the world of business as a whole and are unacceptable. If the law had been in place, many shareholders would have been safeguarded but numerous investors lost their lifetime savings by company insiders. The corporate world is a much more secure place with regards to investing with all of the changes and modifications which are now enforced. I still think there are other actions which can be taken to protect shareholders even though the modifications have significantly improved the procedure. Businesses must develop an ethical balance so as not to take advantage of unknowing shareholders who have invested their lifetime
Ethics can be separated into two categories, namely compliance and value. Compliance ethics emphasizes on following the law where individuals’ behaviour requirements are influenced by rewards and sanctions, while value ethics emphasizes on inspiring principles that people are expected to have such as integrity and fairness (Paine 1994). However, there can be cases where it is legal, but unethical. An example of this is from the case where Dr Susan Lim overcharged a Brunei royalty for her fees (Ho 2013). This is a legal but unethical issue.
Communication and asking for assistance especially when the task becomes overwhelming is important. Ethical Challenges-Executive Pay The ethical challenges presented in the executive pay case involving Richard Grasso and the New York Stock Exchange’s (NYSE) compensation process found its way to the Securities Exchange Commission (SEC). The result of the investigation was the issuance of 65 subpoenas to former NYSE board members. The disclosure of a $1.4 million salary and the nonguaranteed bonus of $1 million was the compensation package for them. Further investigation found that what Grasso was contracted
Khristine Jackson Week 2 Homework July 19, 2014 The Sarbanes-Oxley Act of 2002 (SOX) was a direct output of the financial statement fraud that sank industry giants such as Enron and WorldCom. 1) What are the primary goals and tenets of SOX with respect to fraud? The primary goals and tenets of the Sarbanes-Oxley Act of 2002 (SOX) are to concentrate on improving the value of audits in an effort to remove fraud in order to keep the public’s attention as well as for the security of investors. In addition, SOX requests corporate management to be more accountable for both fraud prevention and detection. Similarly, corporate board is also more responsible for the occurrence of fraud with the company; under SOX, those who contribute in
Sarbanes-Oxley Act Page 1 Sarbanes-Oxley Act Paula E. Noble University of Phoenix Sarbanes-Oxley Act Page 2 PART A: “The Securities and Exchange Commission was created in 1934 to police the U.S. financial markets. Today, the Securities and Exchange Commission continues to create legislation tightening reporting standards and providing more transparency. Unfortunately, increasing standards often comes after a failure of the system. The Sarbanes-Oxley Act of 2002 is a primary example of legislation following financial market failure. Sarbanes-Oxley influenced public businesses through transformation of the financial system.
The proposed SHIELD Act is anti-shield law Decades after the passing of the Espionage Act in 1917, lawmakers are being forced to shake the dust off this old law and redefine the term “national security.” The WikiLeaks “document dump” in December 2010 opened a set of double doors to the national security world (and consequently to the inherent First Amendment freedoms at stake). WikiLeaks and its founder Julian Assange are seen as either heroes or hackers. The First Amendment could either be strengthened or weakened. And transparency could become a trend or a threat. The bottom line, though, is that journalism took a hit, and legislators are exploiting it.
| Case Analysis | Empress Luxury Lines | | Naomi DukesNovember 3, 2012MGT 500Dr. Glenn RodriguezStrayer University | | | Case Analysis: Empress Luxury Lines Introduction An ethical issue is present in a situation when the actions of a person or organization may harm or benefit others (Daft, 2010, p. 130). Ethical or unethical decisions in business can have far reaching implications because of the many stakeholders involved. The Empress Luxury Lines case study details the decisions and activities of the organization and its upper level management. Kevin Pfeiffer, a computer technician on new hire probation, was asked to act unethically in regards to an insurance claim.
The Merriam Webster dictionary defines ethics as the discipline dealing with what is good and bad and with moral duty and obligation. Therefore, making an ethical decision requires an individual to evaluate what is good or bad and the moral duty and obligation to society. The good and bad are defined by societal norms and one’s moral duty is based upon an agreed set of rules, which govern human behavior. However, making an ethical decision often requires a much more in depth analysis of the situation and the possible outcomes. In this paper, I will examine four dilemmas in which decisions must be made based on ethical reasoning and moral duty to society.
INTRODUCTION At times we may wonder what is meant by ethics, why accountants need ethics in their business life or even how they are related. As we may know, definitions of ethics vary with time but in most cases it is defined” With these definitions we can understand that basically ethics is knowing what is right (Mitchell 2009). Ethics in accounting and finance a global concern today (Onyebuchi, 2011). However, the accounting and finance sector has over the past years developed a culture of ethical misconduct (Gianneti & Yue Wang, 2014). According to Anup & Chadha (2005), Ethical misconducts often lead to corporate scandals that come with serious consequences e.g.