When we were young, our parents taught us to be honest, responsible, courageous and independent. These are the features of role models in the history of human being. However, they are difficult to achieve. For one thing, we are facing plentiful temptations as we grow. On the other hand, even if we can resist, many of us would fail when we are in the context involving inappropriate behavior, such as fraud, deceit, cheating and stealing. There is never a moment that the external situation factors do not influence our decision and behavior. According to the description of Betty Vinson’s life experience before she followed the orders from her superior to commit fraud, she is a well-organized, hardworking, diligent and loyal person. It is undeniable …show more content…
In this case, “Ms. Vinson and Mr. Normand were shocked” when asked to make false accounting entries. They “told their boss” it violated accounting rules and expressed their concern. That said, in the first place, they were aware of the fact that their values were different from that of their superiors. Nevertheless, they made bad decisions to make the transfer, which is discrepant from their values. And later in the prosecution, Ms. Vinson claimed she was “just following the orders”, trying to shift all responsibilities and blames to her …show more content…
“Our goal is to be the number 1 stock on Wall Street, and revenue growth is the key to increasing the company’s market value”, say Bernie Ebbers, the founder and CEO of WorldCom. Obviously, WorldCom is focus on market value and revenue. It’s not surprising the corporate culture supported rule-breaking and extreme risk taking to meet the Wall Street’s expectations. When the senior executives are working on maximizing the market value, the employees of the lower level will follow, especially in a corporation with strict hierarchy, since the orders are passed from the top to the bottom. Even though the lower level employees may refuse to follow, are they able to overturn all the levels and thus change the existing culture? The answer is no. For on thing, employees at lower level do not have the power to influence the upper level. Above Vinson and Norman, there is Yates, and then Myers, and then Sullivan, and then Ebbers, On the other hand, when holding a different opinion, the majority of employees fear of being ostracized by others within the corporation. So they keep silence of
Case 1: In this case. As a certified public accountant, Erickson oversaw and initiated an arbitrary adjustment to increase cash and decrease accounts receivable. Also, Erickson signed Form 10-K with full knowledge that the financial statements include therein incorporated entries misstating revenues. As we can see from this case, Erickson’s behavior not only violate the Business and Professions Code, Division 3, Chapter 1, § 5100(g) and (i), but also against the ethical theories.
The vignette described a woman who comes in for a session in an agitated state. The psychologist has worked with her for a few weeks and she was not overtly suicidal or homicidal. On this visit, the psychologist decided to refer her to an inpatient due to her becoming unreliable and taking 17mg of Xanax in 30 hours instead of 2.5mg prior to her appointment.The decision making process for this vignette is very important because of the dilemma involved. The ethical decisions-making process I am going to engage in will be the Canadian Code of Ethics for Psychologist and the decision- making process that accompanies it.
Understanding and being able to apply ASHA’s Code of Ethics to my future career is an important milestone in my studies. Thus, for this assignment, I looked through the Preamble and Principles I-IV. Then, I found one portion of each section that really caught my eye. I will discuss how to apply that portion and what circumstances may have led to its inclusion in this list. Through this project, I have determined that ASHA’s Code of Ethics is an appropriate attempt at defining the rules for a speech and hearing clinician due to the key points mentioned below.
The third Case Study “Home Depot’s Blueprint for Culture Change” studied Mr. Robert Nardelli’s role as the CEO of Home Depot. He approached management in an autocratic style, which was criticized by many. This paper will take a look at how Mr. Nardelli’s style follows Kotter and Cohen’s model of change.
Although many of her actions were parallel with fellow manager in General Accounting Troy Nordmand’s, he did not receive a prison sentence due to the fact that he attempted to leave the company (although Vinson did initially plan to resign). Conversely, Vinson was sentenced to five months in prison and five months of home detention. One particularly interesting aspect of Betty Vinson’s case is the inclusion of her concerns over taking home pay and having health insurance, in addition to the fact that she had a positive reputation and was known for doing “anything you told her”. While it is normal to have concerns over job security, the emotional appeals in her situation add a different side to the story. One could argue that she is a victim -- she could have been targeted due to her reputation, or that fear drove her to do things she otherwise would not have considered. The issue here, however, is that she facilitated the fulfillment of Sullivan’s requests and pleaded guilty to one count of securities fraud and one count of conspiracy to commit securities fraud. As far as the case specifies, despite any superior’s knowledge of Vinson’s tendencies, she was not absolutely forced to do or not do anything. Because she committed the crime and pleaded accordingly, the criminal charges and consequent sentencing was both expected and
Authors and writers alike must always consider the ethical implications of how they represent people, and topics. They must consider how their representations can be perceived by the persons represented, and by the general audience reading the text. What, however, is ethical, as there are many different ethical theories that try to explain and give a definitive answer on what is right and wrong? For the purpose of this essay, what is an ethical representation will be defined by the level of respect given to the subjects, the truthfulness of the information portrayed and the motives behind the representation. Helen Garners short story The Spare room, is a text that can be analysed to assess how taboo topics such as death has been represented
Question: There is no question that Ms. Vinson acted unethically in the case but I believe that the central question is to what extent did she alone act unethically. In other words, how much she was influenced by her bosses and was there ever a point in which she should have taken matters into her own hands by quitting or putting an end to the fraud. Facts: The case study explains a situation of Betty Vinson, a women who started as a midlevel accountant at a small long-distance company. The company then grew up to be
They were committing fraud by creative accounting, acting illegally when using insider trading and shredding their documents relevant to the investigation. Next, consider the stakeholders. Anyone who owns stock in the company would suffer, along with every employee. Under the values bullet we can assume that they have none. Greed and power got the better of every one of them.
By definition, ethics is what is and isn’t morally acceptable, and religion is a designed set of standards used to “worship” higher powers (“Ethics;” “Religion”). For centuries, people have argued about what it takes to be considered morally just and if it is related to religious beliefs or if it is a skill that all humans have adapted. After deep analysis of several different sources and examples were religions have tested the boundaries of morally acceptable behavior, it is clear that one doesn’t have to practice a religion to make ethical decisions.
With the cooperation of the CEO or top managing official setting the culture of the company, it would be in their best interest to influence others, according to their beliefs. For example, if the CEO or senior managing official is persuaded to proceed with a particular theory or idea, they would then be willing to share it with his fellow managers who would then incorporate it into the organizational
Moreover, the auditors had looked out the attitude or rationalisation of the company to justify the fraudulent action. The top management may behalf on their own interest but not the behalf of shareholders to maintain or raise the stock price of the company. In Cendant case, the CUC’s management allegedly inflated earnings by recording increasing revenue and reducing expense to meet expectation.
Dowd (2016) runs above and beyond with the clarification to state accounting fraud incorporates the change of accounting records in regards to sales, incomes, costs and different components for a profit motive, for example, boosting organization stock prices, getting ideal financing or maintaining a strategic distance from obligation commitments. Dowd is of the feeling that covetousness, absence of straightforwardness, poor administration data and poor accounting interior controls are a couple of explanations behind accounting fraud. (Dowd,
As a law enforcement officer, my fundamental duty is to serve mankind; to safeguard lives and property; to protect the innocent against deception, the weak against oppression or intimidation, and the peaceful against violence or disorder; and to respect the constitutional rights of all men to liberty, equality and justice.
Corporate culture is the shared values and meanings that members hold in common and that are practiced by an organization’s leaders. Corporate culture is a powerful force that affects individuals in very real ways. In this paper I will explain the concept of corporate culture, apply the concept towards my employer, and analyze the validity of this concept. Research As Sackmann's Iceberg model demonstrates, culture is a series of visible and invisible characteristics that influence the behavior of members of organizations. Organizational and corporate cultures are formal and informal. They can be studied by observation, by listening and interacting with people in the culture, by reading what the company says about its own culture, by understanding career path progressions, and by observing stories about the company. As R. Solomon stated, “Corporate culture is related to ethics through the values and leadership styles that the leaders practice; the company model, the rituals and symbols that organizations value, and the way organizational executives and members communicate among themselves and with stakeholders. As a culture, the corporation defines not only jobs and roles; it also sets goals and establishes what counts as success” (Solomon, 1997, p.138). Corporate values are used to define corporate culture and drive operations found in “strong” corporate cultures. Boeing, Johnson & Johnson, and Bonar Group, the engineering firm I work for, all exemplify “strong” cultures. They all have a shared philosophy, they value the importance of people, they all have heroes that symbolize the success of the company, and they celebrate rituals, which provide opportunities for caring and sharing, for developing a spiri...
As far back as history can be told mankind has struggled between balancing culture, power and politics. Many wars have been fought and many people have placed their lives on the line in order to stand up for what they believe in. The combinations of culture, power and politics have spilled over into the workplace. In today’s business environment individuals have much more to worry about than just completing their assigned tasks. Organizational culture, power and office politics influence day to day operations as well as govern the atmosphere within the organization. The amount of impact that power and politics have in the workplace, directly reflect the organization’s culture formally as well as informally.