1.)Essentials of Committing Fraud: Position Equals Power The amount of money lost to an internal corporate fraud is most significantly influenced by the perpetrator’s position in the organization. When we look at various characteristics of those committing fraud‚ this makes sense‚ because access creates opportunity. Typically‚ the higher a person moves in a company‚ the greater access she or he is granted to information‚ assets‚ data‚ and people. That creates more opportunities to commit fraud
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Firstname Lastname Instructor’s Name Course Number 21 July 2015 Adelphia Communications Adelphia is the 6th biggest cable television provider in the United States and‚ with various subsidiaries‚ gives services of cable television and local telephone service to customers in 32 states and Puerto Rico. Adelphia means "brothers" in Greek. It used to be one of America ’s largest cable companies. John Rigas established the company and served as CEO and chairman. John ’s son Tim was CFO‚ and Tim ’s brothers
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Adelphia Case Assignment Kirstie Fehrenbach BUS 101 AH 1. The owners are the primary stakeholders in this case. 2. I know that the owners are the primary stakeholders because the illegal inside dealings that the Rigas family was involved with negatively affected not only themselves‚ but also their other shareholders. The most obvious illustration of this blowback is the arrest of Rigas family members and the bevy of lawsuits brought up against them by other shareholders. Consequently‚ the
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this case study we are asked to draw upon deontological ethics‚ and discuss how Adelphia Communications’ executives violated the trust of the company’s shareholders and the trust of that of the larger public. To do this we first need to take a look at deontological ethics and how the philosophy of deontological ethics affects the choices that were made in the Adelphia Communications’ case. We will also look at the Adelphia case and examine how its executives violated the trust of the company’s shareholders
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Adelphia Communications Corporation Adelphia Communications Corporation was one of the largest cable and internet providers in America prior to its declaration of bankruptcy in 2002 due to internal corruption. The executive officers of Adelphia inflated the stock price of the company by falsifying their financial records as well as funneling their debts into other smaller firms so that the large amounts of debt did not show on their financial reports. This lead investors to believe the company
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Introduction In 1952‚ John Rigas founded Adelphia Communications Corporation with a $300 license‚ took the company public in 1986‚ and built it up by acquiring other systems in the 1990s. In March 2002 Founder‚ chairman‚ and CEO of Adelphia Communications Corporation 78 year old John Rigas‚ his two sons‚ and other Adelphia executives were arrested and charged with looting the nation’s sixth largest cable company on a massive scale. Adelphia Communication Corporation whose revenue exceeded $2.9 billion
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Adelphia Case Summary The Allegations: Prosecutors say members of the cable company’s founding family and two former executives looted the firm "on a massive scale‚" spending company funds on personal expenses‚ such as a $12.8 million golf course. The firm has been accused of hiding business relationships between Adelphia and entities tied to the founders and for inflating its financial results. Who’s Who: • John J. Rigas‚ Adelphia’s founder • Timothy Rigas‚ former CFO • Michael Rigas‚
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Underground Cables 11.1 11.2 11.3 11.4 11.5 11.6 11.7 11.8 11.9 11.10 11.11 11.12 11.13 11.14 11.15 11.16 11.17 11.18 11.19 11.20 11.21 11.22 11.23 Underground Cables Construction of Cables Insulating Materials for Cables Classification of Cables Cables for 3-Phase Service Laying of Underground Cables Insulation Resistance of a Single-Core Cable Capacitance of a Single-Core Cable Dielectric Stress in a Single-Core Cable Most Economical Conductor Size in a Cable Grading
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------------------------------------------------- We have reviewed the financial information provided for Adelphia Communications Corporation for the years 1992-1996. We have also evaluated the Company’s position and strategy within the industry‚ standard industry practices‚ and evaluated the Company’s ability to repay debt. We have concluded that the Company should be considered high-risk; however the decision of whether to grant loans to the Company should be based on the creditor’s acceptable
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cable modem: ABSTRACT Cable modems are devices that allow high-speed access to information at a distant server may it be Internet server or video on demand server‚ via a cable television network. While similar to the traditional (analog) dialup modems‚ a cable modem is significantly more powerful‚ capable of delivering data approximately 500 times faster. During the early to mid - 1990s‚ the two-way interactive communication capability of the existing cable network infrastructure was realized
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