Introduction WorldCom‚ the telecommunications giant‚ once was the largest telecommunications company in the world‚ with more than $30 billion annual revenue‚ $104 billion in assets and more than 20 million customers. John Sidgmore (2002)‚ Ebbers’ successor after the scandal‚ said “WorldCom is a key component of our nation’s economy and communications infrastructure.” However‚ the giant collapsed in 2002. 1. The Main Issue: Earnings Management 1.1 Definition of Earnings Management A commonly acknowledged
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teenagers: Parents. “Helicopter parenting” is a term used to describe parents obsessed with their children’s success and safety‚ who cautiously hover over them‚ sheltering them from mistakes or disappointment‚ insulating them from the world around them (Vinson). This term was first used by Dr. Ηaim Ginott in his book Between Parent & Teenagers in 1969. The term became very popular and was added to the dictionary in 2011 (Bayless). This parenting style is characterized by a helicopter-like tendency to come
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expectations. Asked how she chose which accounts to alter‚ Vinson testified‚ "I just really pulled some out of the air. I used some spreadsheets.” She said during trial that she hoped to avoid prison time. "Ms. Vinson was among the least culpable members of the conspiracy at WorldCom‚" Jones said. Still‚ she said‚ "Had Ms. Vinson refused to do what she was asked‚ it’s possible this conspiracy might have been nipped in the bud." In MS. Vinson shoes would keep it to myself because they don’t care how
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shared respect and a strong bond between one another. Charles Mallison‚ a sixteen year old white boy‚ goes beyond what he has learned is the right way a white boy should treat a black man when he helps Lucas Beauchamp prove that he is innocent in the Vinson Gowrie murder. At first‚ Charles only goes back to the jail because he feels he owes Lucas a debt. In chapter one‚ Lucas had helped Charles when he fell in the creek and fed him as his clothes dried. Charles thought he owed Lucas for his kindness
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WorldCom Failure in relation to its Organizational Behavior LDR/531 - Organizational Leadership October 7‚ 2010 WorldCom Failure in relation to its Organizational Behavior INTRODUCTION Year 2002 saw an unprecedented number of corporate scandals: Enron‚ Tyco‚ Global Crossing‚ etc. In many ways‚ WorldCom is just another case of failed corporate governance‚ accounting abuses‚ and outright greed. Many people may question if there is a secret to operating a successful business in modern times.
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written by Chief Justice Vinson‚ he found that the restrictions “impair and inhibit his ability to study‚ to engage in discussions and exchange views with other students‚ and‚ in general‚ to learn his profession.” Therefore‚ the Supreme Court decided that the state policies were unconstitutional as they violated Sweatt rights as it pertained to the Equal Protection Clause. In the Sweatt case‚ the court would again use the clause in explaining their
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WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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Utilitarianism Utilitarianism is an ethical theory that assesses an action as morally right and just if it produces the most amount of net happiness. There are two forms of utilitarianism: act utilitarianism and rule utilitarianism. Act utilitarianism is the standard form‚ which considers all paths of the action that lead to immediate and long-term happiness‚ as well has the magnitude and how long the happiness will last. Furthermore‚ if all paths lead to the same amount of net happiness‚ each
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Nursing Critique Since the early 1900’s nurses have been trying to improve and individualise patient care. In the 1970s this became more structured when the nursing process was introduced by the general nursing council (GNC)‚ (Lloyd‚ Hancock & Campbell‚ 2007) .By doing this their intentions were to try and understand the patient in order to give them the best care possible (Cronin & Anderson‚ 2003). Through the nursing process philosophy care plans were written for patients. It was understood
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For many years women have had unfair treatment in their workplace and it had gone unjustified. Even though in 1964 the Civil Rights Act was pasted women still get discriminated and harassed in different work fields. Sexual harassment has went from verbal to a physical demeanor of sexual nature. Although women have gained overall access to the workplace‚ sex discrimination still persists in additional ways. There multiple examples of potentially unlawful gender discrimination that women face. Hiring
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