This website uses cookies to ensure you have the best experience. Learn more

Impact Of Unethical Behavior Essay

688 words - 3 pages

Impact of Unethical PAGE \* MERGEFORMAT 1
Running head: IMPACT OF UNETHICAL BEHAVIORImpact of Unethical BehaviorRid KhanUniversity of PhoenixFinancial Accounting IIACC 363James MakofskeMay 15, 2007Impact of Unethical BehaviorIn today's business world, a company cannot survive unless employees are able to accurately and effectively complete his or her job duties. A company may have a product or service that is essential for everyday life; however, if a company cannot depend on its employees to complete his or her job ethically, the company as a whole will not be successful. In business, ethics plays a major role in determining the success of a company. Ethics is the study of values and customs of a person or group and covers the analysis and employment of concepts such as right and wrong, good and evil, and responsibility (Merriam-Webster, n.d.). This paper will discuss an example of how unethical behavior impacts business and how the Sarbanes-Oxley Act has established new or enhanced standards for accounting and reporting practices.One of the most well known examples involving unethical behavior is the Enron Corporation scandal. Enron Corporation was previously known for being one of the world's leading electricity, natural gas and communications companies but will now always be known for accounting fraud and corruption. The company reported inflated estimates of income and did not report all debts that the company owed. In 2001, Enron Corporation filed for bankruptcy, which led to criminal investigations of money laundering, insider trading and fraud involving top executives. Although top level executives at Enron were likely aware of the debt and the illegal practices, the fraud was not revealed to the public until October 2001 when Enron announced that the company was actually worth $1.2 billion less than previously reported (, 2006). When this information was revealed, investors, creditors and stockholders knew something was amiss. This behavior would have continued had it not been for one whistleblower that recognized the unethical behavior that was taking place. Sherron Watkins (Thomas, 2006), Vice President for Corporate Development, wrote a memo to her boss, Kenneth Lay, stating "and there are probably one or two disgruntled 'redeployed' employees...

Find Another Essay On Impact of Unethical Behavior

The Relationship Between Attitudes Towards Academic Dishonesty, Infidelity, and Normalization of Unethical Behavior

905 words - 4 pages students with more accepting attitudes towards the normalization of unethical behavior would have more accepting attitudes towards academic dishonesty. This hypothesis was based on the literature by McCabe (1999) which suggested that some students believe academic dishonesty is a norm in educational institutions. As predicted, a positive correlation was found between attitudes towards academic dishonesty and attitudes towards the belief that

Impact of Recess on Classroom Behavior

1156 words - 5 pages Impact of Recess on Classroom Behavior When comparing the amount of time American children spend at ‘recess’ during the school day, you will see, that it is considerably less than the amount of time given by other countries. Japanese schools typically have a 10-20 min recess period between 45-min lessons or 5-min breaks between lessons, with a long play period after lunch. In Taiwan, schools typically have many recess periods during

The Impact of Diversity on Individual Behavior

1346 words - 5 pages Excellent resourcesDiversity is defined as acknowledging, understanding, accepting, valuing, and celebrating differences among people (Esty, et al., 1995). Within organizations, diversity can positively or negatively impact the behavior of individuals. It is becoming an overwhelming fact that supervision in organizations should be held responsible for making the work environment safe and free of culturally diverse problems. Diversity can include

The Impact of Retail Store Atmosphere on Consumer Behavior

847 words - 3 pages the environmental psychology Atmospherics elements of a retail store play a vital role in creating a significant impact on customer(Hoffman & Turley, 2002).while discussing the importance of atmospherics elements it was revealed that atmospherics elements have a major impact on customer emotions, most of all perceived value and post dinning behavior intentions (Liu & Jang, 2009).un presentable use of atmospheric in a retail store can divert

An Assessment of Diversity and Its Impact on Behavior

1004 words - 4 pages An Assessment of Diversity and Its Impact on BehaviorThis paper will detail and examine the impact of four diversity and demographic characteristics. Ethnicity, Socioeconomic status, religion and personality traits that directly impact individual behavior.In examining how ethnicity helps mold one's identity, it is important to gain a clear understanding of what 'ethnicity' really is. A person's environment is the single most important element in

Impact of Creative Print Advertisements to Consumer’s Buying Behavior

1090 words - 4 pages advertisements to consumer’s buying behavior. It examines how creative print advertisements affect students and in what way does it persuade their buying behavior. Moreover, the qualities of the print ads that students are looking for can be determined in this research. However, other types of advertisements on other schools are set as limitations of this paper. The purpose of this research is to identify the impact of Creative Print Advertisement

An Assessment of Diversity and Demographic Impact on Individual Behavior

1626 words - 7 pages Numerous studies have been conducted on diversity and demographic impact on individual behavior. My objective is to examine and discuss the results, and implications of my research in regards to the following: Ethnicity, socioeconomic status, religion, and personality traits and I will examine the impact that they each have on individual behavior.EthnicityIn examining how ethnicity helps mold one's identity, it is important to gain a clear

The Impact of Diversity and Demographic Characteristics on Individual Behavior

2164 words - 9 pages looks. Other characteristics are formed by a person's environment like religious affiliation and value or attitude differences. All characteristics work in various combinations to impact human behavior in different situations. The complexity of a person's behavior as seen through his or her actions or reactions in various situations is inconsistent. The same individual may respond completely different to the same situation at different times or

Impact of Diversity and Demographic Characteristics on Individual Behavior

1307 words - 5 pages of different experiences, beliefs, and emotions and that begins to mold that person into displaying a specific behavior when situation calls for it. The elements that are common among behavioral development, but are not limited to are culture, social norms, perceptions and attitudes. In this paper I have examined the impact of religion, personality traits, and sexual orientation on individual behavior.ReferenceCook, C., (2006). Basic Elements of

The Impact of Diversity and Demographic Characteristics on Individual Behavior

2139 words - 9 pages different situations. The complexity of a person's behavior as seen through his or her actions or reactions in various situations is inconsistent. The same individual may respond completely different to the same situation at different times or places. In this paper the writer will examine the impact ethnicity, age, personality traits, and value and attitude differences have on individual behavior in the workplace and in the community.Diversity and

Impact of Diversity and Demographic characterstics on Individual Behavior

1143 words - 5 pages spread like an infection and bring down the morale of everyone.As I have recounted here it is just a scratch off the surface of a few of the infinite ways that diversity and demographic characteristics impact an individual's behavior. Like the stars, each person shines with a different light that makes him or her unique. Each piece of the intricate puzzle holds a key to the whole picture of an individual and getting to know each person takes a lifetime of learning.

Similar Essays

Dennis Kozlowski: The Implications Of Unethical Behavior

2612 words - 10 pages . (305048928). Collewaert, V., & Fassin, Y. (2013). Conflicts between entrepreneurs and investors: the impact of perceived unethical behavior. Small Business Economics, 40(3), 635-649. doi:10.1007/s11187-011-9379-7 Gailey, J.A. & Lee, M.T. (December, 2005). An integrated model of attribution of responsibility for wrongdoing in organizations. Social Psychology Quarterly. Vol. 68 no. 4 338-358. doi: 10.1177/019027250506800403. Lupuleac, Z

Tyco & The Price Of Unethical Behavior

2157 words - 9 pages Unethical Perspectives: Tyco & the Price of Unethical Behavior Prior to what has become known as the Tyco scandal, the company was among one of the largest conglomerates, with a market capitalization of more than $1 billion. The CEO of the company Dennis Kozlowski was thought of as one of the top 25 manager of the year, and had been included on a list of people to watch by Fortune Magazine because of his turn-around of the company’s sprinkler

The Lack Of Training And The Unethical Behavior

1575 words - 7 pages -The Lack of Training and the Unethical Behavior In public administration, the main and the largest goal is to create public value in a form of transparency and trust between the public servants and the citizens. In order to achieve this targeted value, public administrator shall maintain ethical conduct throughout his decision-making and performance. Therefore, public officials are expected to develop reliable ethical competence. Understanding

The Unethical Behavior Of The 3rd Brigade, 101st Airborne Division

1527 words - 7 pages . They must also be fully committed to enforce the Army’ code of honor. As the other values, duty is both an individual and collective value. The oath to serve the Constitution is the very materialization of every Soldier’s commitment. At the collective level, every squad, every platoon, and every unit must be committed to enforce the Army’ ethics, in particular because ethical behavior is also key for gaining the trust of the population in which