Introduction Prior to the scandal, Enron had established an international reputation for corporate responsibility and economic stability. Despite this reputation, executives at Enron hid a scandal that sacrificed the life savings of many of the company’s employees (YouTube, n.d.). A few months prior to the scandal surfacing, many Enron executives...
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The Teapot Dome Scandal refers to one of the most important corruption scandals in the United States, one which remained in public consciousness as a turning point in American political history and became one of the huge crises of the 1920s (Roth, 2011 ). It involves a bribery scandal developed...
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Crimes are heinous because they cause irreparable damage to people’s lives and terrorize communities, among other factors. In this light, the legal question that judges have pondered for years, if not decades, is the following: To what extent can two seemingly disproportionate and dissimilar cases be considered equally socially disturbing...
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It is the role of the managers to prevent fraud within organizations. However, the roles that auditors play in this sense cannot be overlooked. Although auditors will not in most cases be held responsible for preventing fraud and operational errors, they may have a positive role to play in preventing...
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The article review is showing the overall scope of corporate fraud and the impact it is having on a variety of businesses. This is because the ethical practices of corporate executives will have a major impact in determining if they are engaging in questionable activities. In this particular case, Richard...
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John Mears is the contractor of the project that aims at extending Barwick & Sons that is undergoing reorganization and rationalism. The organization seeks to respond to the difficult market conditions that have been experienced over the last few years. John Mears decides to send a case of wine to...
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There are several measures companies and the society can take to reduce the instances of fraudulent activities. Companies should formulate clear ethical standards so that the employees know how they are expected to behave and the upper leadership should lead by example. Leadership plays a major role in shaping an...
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St. Augustine is referencing the soul and the choices that condemn humanity to the realm of sinners that must repent from having fulfilled sexual desires out of wedlock. Corruption is that of the soul, corruption of the soul from having committed immoral misdeeds that are considered sins. Corruption meant by...
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In the United States, there has always been an underlying presumption of political corruption, whether mild or severe, at any given time. However, recent media attention has been focused on a particular practice which had previously not even been admitted to: NSA monitoring and collecting of communications throughout the country,...
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Elections are one of the most critical features of vibrant democracies. Elections are meant to give voice to the citizens in the running of the country yet that is not always the case in the real world. One of the most corrupting influences in elections in democracies like the U.S....
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Instances of Noble-Cause corruption raise many ethical and philosophical dilemmas which typically discussed in terms of whether ‘the ends justified the means’. As a working definition, noble-cause corruption can be described as cases where police corruption is used to gain a common good, justifying some noble sense of justice rather...
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Introduction For centuries, corruption has been a global menace overlooking ethnic, cultural, economic and political boundaries. Regardless of how developed or stable a nation is, corruption has proven prevalent despite years of research on its remedies. Corruption has marked both modern era occurrences like the Trump leadership in the US...
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In recent times, a number of organizations in the U.S have been caught up in corruption-related incidences (Cockcroft, 2013). One example of organizational corruption in the U.S involved an insurance giant known as American Insurance Group (AIG). Over the years, the CEO of the company Joe Cassano engaged in several...
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