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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 916 |
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In these highly competitive days, when corporations are under enormous pressure from shareholders to produce financial results, financial executives face substantial temptations to take measures which, for example, might make their corporation or division appear more profitable than it is. Most executives are strong enough to resist these temptations (Luft, 1997)...
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Sadly though some are not and that is how ENRON and WorldCom happened.
Ethical behavior in business is critical. When business firms are charged with infractions,
and when employees of those firms come under legal investigation, there is a concern raised about moral behavior in business. Hence, the level of mutual trust, which is the foundation of our free-market economy, is threatened...
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