Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN: 9781337485913
Author: BROOKS
Publisher: Cengage
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How does an accounting professional's commitment to the firm, the profession, and to colleagues influence whether he/she will blow the whistle on financial wrongdoing? What other factors, related to organizational culture, could contribute to whether or not a professional decides to blow the whistle on a financial wrongdoing?
how does being unethical in the financial industry affect communication with clients?
How can companies handle the possible increase in lawsuits, derived from the legislation on workplace harassment.
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- Do you think there are any circumstances when you should go outside the company to report financial wrongdoing? If so, to what person/organization would you go? Why? If not, why would you not take the information outside the company?arrow_forwardExplain how “groupthink” might lead a person to ignore moral and ethical duty in an organization.arrow_forwardHow do the concepts of cognitive dissonance and organizational/ethical dissonance relate to whether an accountant might choose to blow the whistle on corporate wrongdoing?arrow_forward
- Under the current system, the risk of engaging in criminal behaviours is evaluated by corporate managers who have very little to lose". Is this statement accurate or inaccurate? (Explain why or why not sufficiently)arrow_forwardThe corporate social responsibility that is supplied changes in accordance with the changes in society. * TRUE FALSEarrow_forwardWhy might a moral person who is not viewed as a moral manager fail to establish an ethical culture in an organization?arrow_forward
- How can board members and senior managers actually monitor and control ethical behavior in a company?arrow_forwardControversy tends to surround the topic of whistleblowers. For example, should they be considered heroes or traitors? Many pro-whistleblowing policies have been enacted by the federal government to allow these individuals to reap significant monetary rewards for coming forward and giving information about behaviors and actions such as corporate fraud and unethical deeds. Many corporate whistleblowers face negative consequences of their actions, such as reassignment, revenge, and hate crimes, and are seen as traitors (e.g., Edward Snowden and Gina Gray). Yet Sherron Watkins and Cynthia Cooper were celebrated as heroes. Look up the stories of Sherron Watkins and Cynthia Cooper. Why do you think that some whistleblowers are vilified and others made to be heroes?arrow_forwardTo what degree do you think individuals have a responsibility to act ethically within a corrupt system? How would an individual act ethically in this context? Please answer thoroughly and in depth. What legal reforms would you recommend that would make lobbyists more likely to act ethically? Why would you recommend these reforms and how might you implement them? Please answer thoroughly and in depth.arrow_forward
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