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Essays 511 - 540

Appropariate Guidance and Standards for the Consolidation of Special Purpose Entities and FASB

does believe that: "most SPEs serve valid business purposes, such as isolating assets or activities to protect the interests of c...

Corporate Scandals and Business Ethics

as to any changes which need to be made, where the profits are most likely to occur and how to correct any financial infallibility...

Failure of Enron

may have severe problems, but it is in the interests of all parties for the company to gain some portion from creditors to allow i...

WorldCom and Enron

for bankruptcy due to its inability to hide such tremendous losses any longer. It took a matter of three month for the company to...

LBJ and Clinton More Than Decades Apart

are pervaded with a sense of innocence violated" (pp. 6). In fact, in a pre-release review presented in The New Republic, Lane com...

Hannah Arendt's The Banality of Evil and Modern Bureaucracy

and employees. So, it becomes imperative that when considering the effective management of ethics structures to pay attention to...

Could the UK Realize a Similar Enron Disaster?

problems were already apparent. In the annual accounts, debts had been understated and profits had been overstated to the amount o...

Values and Business Ethics

of philosophy dealing with right and wrong and the morality of motives and ends" (Shaughnessy, 2002, p. 20). But questions of ethi...

History of the FBI

was initiated by Attorney General Charles Bonaparte, who issued an executive order to create this investigative force within the J...

Harmonization and IAS

of international standards. It is only if there are international standards that international stakeholders may be able to see acc...

Corporate America and Manipulation of Revenue

evident that much fraud can be discovered before it is too late. While this was not true in the case of Enron, the evidence has s...

Corporate Greed and its Psychosocial Effects

life savings and retirement plans of countless employees who had worked hard to save their funds - but because of corporate greed,...

Eighteenth Century Societal Perspecitves

ignorant -- country heroine. Likewise, Sheridan paints a similar, if more exaggerated picture, of aristocratic arrogance when he s...

Examination of Enron

for the scandal that ultimately occurred. "The contributions dwarfed what was at stake for Enron. In its energy trading in Calif...

WorldCom, Enron, and the Application of Business Failure Prediction Models

known as the going concern concept1. In looking at the viability of the business the potential creditors are seeking to ensure tha...

Corporate Governance Issue Examined

effect to such things, and these situations are no different. When people lose jobs, families suffer, economies suffer, communiti...

Businesses and Individuals Confront Dishonesty

corresponding functional interest in them * The interests of all stakeholders are of intrinsic value (Donaldson et al, 1995, pp. 6...

Overstatement of Revenues at the Xerox Corporation

Xerox has become universally to be known as a photocopy (Pratley and Treanor 2002). ELEMENTS OF THE FRAUD While Xerox originally...

WorldCom and Enron Comparison

its current ratio is understandable. WorldComs values in these two ratios reflect its precarious operation position. Neith...

Martha Stewart Living Omnimedia Inc. and Financial Ethics

27, 2001, she sold 3,900 shares (CNN Money, 2002). That was the day before the FDA refused to review ImClones application for Erbi...

Strategic Errors at Enron

to be on a continuing growth streak. Enron did not use proper or prudent caution in their diversification strategies. There did ...

Watergate

system was in place to prevent revealing "unpleasant" aspects of the administration. "That atmosphere of paranoia and suspicion w...

Post WorldCom and Enron International Accounting Standards

a result of ending some of the companys more obscure partnerships (Leonard, 2001). And, it was these partnerships that severely h...

3 Works on Women's Social Role

out with flowers and shod with dainty little slippers? (Aristophanes). As this indicates, women, at least the upper class women,...

Royal Dutch Shell, Enron, and Business Ethics

those who were relying on the company for pensions, directly or indirectly, those who worked for them, and those who worked for co...

Enron and the 2002 Sarbanes Oxley Act

audit functions were in accordance with Generally Accepted Accounting Principles (GAAP), hiding debt in dummy corporations, as wel...

Public Relations' Role in Handling NCAA Basketball Scandal

his papers for him? Scandals of those types have been highlighted many times over the past two decades. The most important conside...

A Memo Involving Ethics

Johnson pulled all Tylenol products off the shelf at great cost in order to ensure the safety of consumers. The Company did this,...

Impeachment vs. Recall, Clinton vs. Davis

the worlds super powers. One of the most visible changes that has occurred since the onset and final outcome of Clintons im...

Roman Catholic Church Child Sex Scandal

is both a government (via the Vatican) and an organization, it is a church. The data are astounding. The John Jay College of Crimi...