securities‚ and personal relation. The standard theory does not provide sufficient condition to justify such risk. Second‚ the paradox of missing harm argues that the whistleblower is reported damage after the fact‚ and they often act in the condition that they can prevent harm. Finally‚ the paradox of failure indicates that the whistleblowers have little success in preventing damage. As a defender of the standard theory‚ I would
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Ashley Paige Hudson May 11‚ 2014 ACCT525 Week 1 Assignment The Phar-Mor case relates to a marked accounting fraud and collusion by management officials that finally surfaced in 1992‚ after several years of falsified inventory records and financial reports. Phar-Mor‚ Inc. was a private retail company that was growing attention and market share in the mid 1980’s. This chain of discount drugstores grew to 310 stores in in 34 states before investor losses reached $500
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Whistleblowing and Its Consequences Whistleblowing is an act that has become more prevalent in the corporate and private sectors. A whistleblower is described by Liuzzo (2013) as “…a person who reveals to a governmental authority‚ or to news media‚ confidential information concerning some wrongdoing or conduct that he or she regards as unethical” (p. 28). Some of the most notable cases in United States history have involved corporations‚ utility companies and the President. Some cases have been
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15555 SW Davis Rd. Beaverton‚ OR 97007 Phone (503) 672-3515 Debbie Nicolai Highland Park & Mountain View Beaverton & Aloha Cooper Mountain 7670 SW 170th Ave. Beaverton‚ OR 97007 Phone (503) 259-3830 Nicole Will Highland Park & Mountain View Beaverton & Southridge & Aloha Elmonica 16950 SW Lisa St. Beaverton‚ OR 97006 Phone (503) 533-1815 Cynthia Lam Moffett Five Oaks Westview Errol Hassell 18100 SW Bany Rd. Aloha‚ OR 97007 Phone (503) 259-3845 Scarlet Valentine Mountain
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Case study on WorldCom THE WORLDCOM FRAUD:- Presented By: Pratik WorldCom’s Background • Awoke the sleeping giant by leading the telecom industry into profitability in the 90’s. • During the 1990’s‚ WorldCom was deeply involved in acquisitions and completed several “mega-deals” • Purchased over 60 firms in 2nd half of the 90’s • WorldCom moved into Internet and data traffic • Handled 50% of US Internet traffic • Handled 50% of e-mails worldwide WorldCom’s Background (cont.) • Purchased MCI for
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white collar crime? Whistleblowers are the main principle agents who expose white collar crimes in contemporary society. They are the ones who tell someone in authority or the public that another person is being involved in illegal activities occurring in the work place. Illegal activities can include fraud‚ violations of rules‚ laws‚ and or procedures. A whistleblower may tell someone within their organization or someone in law enforcement. In order to be a whistleblower according to federal
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Virtue Ethics: Edward Snowden When talking about ethics‚ it is sometimes difficult to differentiate right from wrong. The controversy that exist surrounding issues to deal with virtue ethics makes it even more difficult to see through the blurred lines of good actions and bad actions. The Edward Snowden case presents a typical scenario of where there are difficulties in determining whether he acted virtuously or not. However‚ a focused examination of the forces behind his actions can help identify
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4. Former Countrywide employee and whistleblower Eileen Foster legally challenged her termination from Countrywide/Bank of America in 2008 and the Department of Labor ruled in her favor. As a government investigator for this case‚ offer objective observations to either support or criticize the Department of Labor’s decision in this case. The first impression when reading into the Eileen Foster case was that she was not wrongfully dismissed because it appeared that her actions were slightly overboard
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company abuse. Implementing a proper policy will reflect well on the company. According to Halbert & Ingulli (2012)‚ suggestion to implement a whistleblower policy says that an employee can call out another employee for unethical or illegal
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policies‚ of any operating government agency. This is because; information that is found as an illegal act towards the government should be reported immediately before it is leaked out to the society and chaos can be a factoring outcome of this. Whistleblower is one of many colloquial terms for individuals who exercise their right of freedom of expression to alert the public about wrong doing or threats to the public interest. Whistle blowing‚ by definition‚ is done to protect the collective interest
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