relationships are administrated by implicit or explicit contracts between agents and principals. The assumption of agents’ self – interest which contradicts with the principals’ interest is the basis of the agency problem. According to Alawattage and Wickramasinghe‚ agency theory suggests two fundamental reasons for the agency problem. First is the goal contradiction between the agent and principal. Second reason is the information asymmetry between the agent and principal. Principal does not know the amount
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past year. From this survey‚ the most common types of unethical behaviors noted were abuse of company time‚ abusive behavior‚ employee theft‚ lying to employees and violating company internet policies (Schwartz‚ 2015). In researching unethical practices and behaviors for this week’s discussion‚ I ran across a civil lawsuit against Wells Fargo for unethical treatment of their employees at a Los Angeles‚ CA location. This Wells Fargo location had been cited for setting impractical sales goals for
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AICPA code of Professional Conduct is for the accounting profession to uphold values and standards of behavior in the community (Mintz & Morris‚ 2011). The code holds CPA’s responsible to the public‚ by the way‚ they serve the public through its clients and employers interests (Mintz & Morris‚ 2011). One considers the AICPA the foundation of ethical reasoning in accounting because one must uphold professional responsibility and gain trust from the public (Mintz & Morris‚ 2011). The AICPA code holds
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International Business Ethical Practices CMGT/530 IT Organization Behavior Abstract In this paper I indentified the importance of international ethical business practices. With public scandals and corporate corruption‚ highlighting the need for ethical awareness and evaluation of behaviors carried out by the companies and its employees. Strategies such are code of conduct and training courses‚ are developed by internal and external organizations to bring ethical awareness to organizations
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WRITTEN RESPONSE #1 (READING SUMMARY) THLEAD 410: ETHICAL ISSUES IN CLINICAL PRACTICE UNIVERSITY OF WASHINGTON TACOMA Part One: Articles Summary In “The four topics: Case analysis in clinical ethics‚” Jonsen et al states that a clear standards of operation is needed for clinicians to effectively address ethical issues (Jonsen et al‚ 2007‚ p.164). Clinical systems such as properly referring to the patients’ medical records‚ patients’ requests or demands‚ patients’ ability to perform
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In regards to the IPENZ Code of Ethical Conduct: 1. Take reasonable steps to safeguard health and safety - When conducting site visits ensure that I have taken measures to have the correct personal protective equipment and ensure that others on site are safety. For example on 12 Julius Terrace‚ when conducting a site visit I completed a site specific safety plan and also conducting job safety analyses before visiting site. 2. Have regard to effects on environment - When ordering ground testing such
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Theoretical Knowledge and Professional Practice Erik Erikson • An individual needs to resolve a crisis in each of the eight stages of psychosocial • development in order to progress to the next stage‚ with outcomes based on • how each crisis is resolved. Ivan Pavlov • Behavior is the result of associations formed between behavior and positive and negative consequences‚ or the associations formed between a stimulus and a response. • Behaviorism is based on objective and concrete observations
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Discuss how primary research and evidence based practice (EBP) differ and how they complement each other. Primacy research and evidence-based practice (EBP) differ in that primary research or nursing research is what engenders EBP therefore you must have the research to produce the EBP. Primary nursing research is disciplined analysis constructed to produce evidence regarding nursing issues such as education‚ clinical practice guidelines‚ informatics and nursing administration. Polit and Beck (2017)
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functions of the law In my work I’m going to talk about the micro and macro function of a law and I will apply my knowledge of them on the case between Sophie Hess and Antoinette Royan. Micro and macro functions of the law In a law system‚ we can distinguish between micro and macro functions of a law. Both of them play very important role in a law system. “The interactions and relationships between law and each of these orders are very important and complex” . The ability of a law to form these orders
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Subject: Ethical Business Dilemma of Citigroup: Use of Government Bailout Funds The purpose of this memorandum is to discuss the ethical‚ financial and legal issues presented by Citigroup Inc. ("Citigroup") receiving $45 billion dollars in government rescue funds and then shortly after paying $13 million dollars in bonus compensation to employees for cancelled trips to resorts. We propose a number of solutions to the Department of Treasury in dealing with the dilemma. The Ethical Dilemma
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