COMM 103 Chapter Notes - Chapter 5: Penn Schoen Berland, Corporate Social Responsibility, Forensic Accounting
6 Dec 2016
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Chapter 5 ethic and corporate social responsibility. Ponzi scheme is a type of investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Fraud situations are not limited to the private sector; both government and the not-for- profit sector have had their challenges. Canada"s federal government (i. e. , the 2004 sponsorship scandal) and a number of provincial governments (i. e. , quebec"s construction industry/labour unions/politics, Nova scotia"s legislature expenses scandal, ontario"s ontario lottery corporation expenses scandal, british columbia"s bc rail sale controversy) recently have faced questions surrounding their ethical behaviour. Foundations and charities are also alleged to have been operated for private gain. Must assess organization at two levels to find why unethical behavior occurs: Ethics is a reflection of the moral principles or beliefs about what an individual views as being right or wrong. In many ways, ethics can be thought of as an invisible hand that guides us as we make decisions.
