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Essays 211 - 240

Is the Criticism Against Auditors Justified in the Light of Business Collapses such as Enron?

an explanation or the auditors may, in extreme cases, may not feel able to certify that accounts as true and accurate. The...

Baseball History: The 1919 White Sox Fix

begin to see that different stakeholders involved had different concerns. The owners were divided. They realized that money would ...

Industrial Psychology; Explaining Enron

with several different players each able to avoid feeling personally responsible there was a lack of a real moral compass. ...

Are Accounting Reforms And Legislation Are The Only Means By Which The Accounting Profession Will be Able To Regain Public Trust And Re-Establish Its’ Credibility?

fraud, and it was with this we might argue there was the first loss of confidence in the auditors. This case limited the liability...

Accounting: Principles-Based Or Rules-Based?

and diligence and independence at the auditing level" (Anonymous, 2003). From a broader perspective, one of the main reason...

The HealthSouth Scandal

value from dropping.5 He was able to get away with it because he was the person who was charged by the SEC with the responsibility...

Integrity: A Key Quality in the U.S. Army

of that abuse to his superiors. As horrific as the problem was, it can be contended that a series of critical decisions spanning ...

Accounting Questions

rules and audits the accounts. When looking at the failure of Enron it is these accounting standards that appear to fail. In looki...

Accounting and Corporate Effects of Business Failures

in accountants and the way accounts were prepared was being shaken. The entire financial basis of the stock markets requires tha...

Media Takes a Constructionist View When Reporting on Sexual Behavior

sexual behavior that conforms with their personal desires. Obviously, when a child would be harmed, or even murdered, such tendenc...

The Importance of Corporate Governance

the context of Walkers (2005) statements, the public arena is noted, but this idea can be applied to any organization. Fiscal resp...

Dell Computer Case Study

hold on until Dell can come back again and demonstrate its prowess. To its credit, it is not the only company doing poorly in this...

The Rampart Scandal, Strip Searches and Police Power

is hiding something under his or her clothing. On the other hand, there is room for abuse. It is possible that strip searches are ...

ENRON, FRAUD AND CONSEQUENCES

Mention the word "Enron" and what is likely to come to mind is "accounting scandal." Though the period between 2000-2002 brought i...

Unethical Practices

merger of Houston Natural Gas and InterNorth in 1985. It was initially a gas pipeline operator and a national gas commodities trad...

The Failings at Enron from an OB Perspective

as individual isolated actors, but they acted as part of a group reflecting loyalties to colleagues and their commitments which we...

Nixon and Watergate

is used to indicate a political scandal, such as Travelgate, when the Clinton White House fired a number of workers from its Trave...

Children Working

to whom they outsource have young children working in the factories. Many people may remember the Kathie Lee Gifford sweat shop co...

SALT LAKE CITY OLYMPICS: BRIBERY OR LOBBYING?

of influencing a particular outcome. The main difference is that lobbying, as such, is "persuasion," whereas bribery is an overt e...

ENRON: ILLEGAL ACTIVITIES, CULTURES AND IRREGULARITIES

corporation. But to avoid conflict of interest, SPEs are supposed to be run by outsiders who have no involvement in the main compa...

Rampart Independent Review Panel Report and What Can be Done to End Deviance within Law Enforcement

to cooperate with LAPD officials in exchange for a five-year prison term. Perez charged that several members of the CRASH unit en...

Unethical Executives

timeline overview identifies who was involved and what was happening. Andrew Fastow was appointed finance executive in 1997 and sh...

TAINTED MILK AND THE PROACTIVE APPROACH

without coercion. Though its not outlined here, Mengniu and other dairies didnt agree to pull the tainted products until the media...

Electric Utility Industry Deregulation

In twelve pages the market impacts of dergulating Duke Energy, Enron, and Southern Company are examined. Fourteen sources are cit...

The Phar-Mor Scandal

of internal control and in fact, three major weaknesses was a lack of care in selecting an auditing firm, not questioning figures ...

ANTIGUA, GLOBAL RECESSION AND STANFORD SCANDAL

Allen Stanford last February, the islands Bank of Antigua has also gone through its own struggles. Though the Stanford scandal in ...

Relationship of Ethics and Management Functions

explained that controlling has no relationship to authoritarian leadership styles, it is about controlling things such as resource...

Management Functions

All managers must control certain things. Finances must be controlled, for example, so that the organization operates both efficie...

Enron, the Contribution of Masculine Culture to its Downfall

the epitome of stereotypical masculinity almost to the point of caricature. Skilling once said that he had thought about it a lot ...

An Objective Look at Global Warming

in carbon dioxide, methane, nitrous oxide, and chlorofluorocarbon emissions that have accumulated in the atmosphere over time and ...