BA 101 Chapter Notes - Chapter 7: Creative Accounting, Insider Trading, Earnings Management
16 Nov 2016
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Code of conduct violation acting in a way that is inconsistent with the organization"s ethical standards. Conflict of interest choosing actions that promote your person interest at the cost of others. Falsification of records altering records to present inaccurate information to others. Whistleblower situations informing superiors or authorities of illegal or unethical organizational behavior. Whistleblower person who raises concern about wrongdoing taking place in an organization. Integrative social theory conflicting interests are best resolved by formulating a fair agreement between the parties by using macro and micro principles. Factors that endanger workers and their future health. Increasing air, water, and soil pollution increasing rates of cancer and disease. Milton friedman suggests that a business must strive to be profitable and it must obey the law, but this does not make any statement about ethical responsibilities. Also, that ethics are the choice of each business. Creative accounting, earnings management, and misleading financial analysis.
