Harris LEG 500 Law‚ Ethics‚ & Corporate Governance 26 April 2015 According to Halbert‚ Ingulli‚ & Frey (2015)‚ whistleblowers are people who decide to report unethical or illegal activities‚ usually activities under the control of their employers. They may be working for private companies‚ nonprofit organizations‚ or for the government. A whistleblower is an individual working in an organization who decides to expose the misconduct‚ misbehavior‚ or illegal actions occurring in that
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villain? Antiwar activists and pro-transparency activists declare Manning a hero for having the courage to expose government secrets as a whistleblower‚ however in contrast‚ U.S. government officials state the soldier’s actions placed national security at risk‚ making him a traitor to the country‚ hence a villain (Johnson‚ 2015). Hero Manning is viewed as a whistleblower‚ simply defined as an employee who goes outside their company to report wrongdoing for any reason‚ but typically because they do not
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History of Whistleblowing The definition of a whistleblower is a past or pesent employee or member of an organization‚ who reports misconduct to people or entities that have the power and presumed willingness to take corrective action‚ or to notify the general public of wrongdoing. In most cases‚ whistleblowers are employees of the ogranization but can be employees of government agencies as well. Normally the misconduct being reported is a violation of law‚ rule‚ regulation and/or a direct threat
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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involving corporation. Subsequently‚ whistleblowing is take place to regulate corporation if code of conduct fails to do so. Whistle blowing can be interpreted as disclosures made on illegal‚ immoral or illegitimate miscounduct or practices. Whistleblowers are the one who reveal wrongdoings within an organization to the public or to those who hold positions of authority. Whistleblowing would exposing wrongdoings of the corporation and protects those who are in the corporation. Indirectly‚ it encourages
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Journal of Accountancy: SEC fields 3‚000 whistleblower complaints in 12 months I chose to review an article pertaining to the success of the new whistleblower program in the SEC. This program was enacted in as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010‚ PL 111-203. This piece of legislation was pushed through congress and approved as part of the President’s initiative to clean up Wall Street. According to the article 3‚001 tips were reported to the SEC pertaining
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Unethical Behavior or Not! Introduction: Organizations are all comprised of what makes them who they are; the people. People are all comprised of different make-ups and people are what make businesses what they are which brings me to the point of this discussion; Unethical behavior within organizations. Unethical behavior within organizations has been occurring for centuries and it is what led to their ultimate demise. Unethical behavior is the beginning of the end in some companies and in
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to blow the whistle: 1. The organization the whistleblower belongs to‚ through its product or policy‚ does serious harm to the public (including consumers‚ innocent bystanders or the general public at large). 2. The whistleblower has identified the threat of harm‚ reported it to their immediate supervisor‚ making clear both the threat itself and the objection to do it‚ and concluded that the superior will do nothing effective. 3. The whistleblower has exhausted other internal procedures within
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WorldCom and Accounting Ethics ACC557 Assignment #1 April 29‚ 2013 Dr. Mohammad Rahman Deanna Williams Current business and regulatory environments are more conducive to ethical behavior due to many new laws that have been put into effect in recent years. For many companies‚ especially small ones‚ the checks and balances are not put into place as well as they should be. With new laws in effect and more and more accountants paying attention to their clients’ accounts‚ ethical behavior is on
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a common occurrence for people who become known as a whistleblower. There is a problem in the United States with protection of individuals for whistleblowing in the workplace‚ and not enough is being done for these individuals. Whistleblowing is increasing and has become more common‚ more frequent‚ and sometimes dangerous. Individuals could potentially face the inability of obtaining another job because they are stigmatized as a whistleblower. This paper will focus on two questions: How does the
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