Contents 1 Whistle Blowing 2 1.1 Origin of term 2 1.2 What is whistle blowing? 2 2 Types of Whistle Blowers 3 3 Ethical Responsibilities of Whistle Blowers 3 3.1 Motivations 3 3.2 Evidence 3 3.3 Danger Prevention 3 3.4 Personal Compliance 3 3.5 Solution 3 4 Benefits of Whistle Blowing 4 5 Drawbacks of Whistle Blowing 4 6 Laws for protection of Whistle Blowers 5 7 Protecting the Whistleblowers – Asian and European Perspectives 6 8 What does whistle blowing have
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Whistle blowing Whistle blowing is an attempt of an employee or former employee of a company to reveal what he or she believes to be a wrongdoing in or by a company or organization. Whistle blowing tries to make others aware of practices that are considered illegal or immoral. If the wrongdoing is reported to someone in the company it is said to be internal. Internal whistle blowing tends to do less damage to the company. There is also external whistle blowing. This is where the wrongdoing is
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significant event during those years. Woodstock‚ a musical festival billed as “Three Days of Peace of Music”(Cammorata)‚ took place in mid-August of 1969. The festival creators expected an attendance of 200‚000‚ but when the gates opened the first day‚ more than 400‚000 young people crushed the expectation and the gates. The massive attendance at the festival caused shortages of food‚ water‚
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MD. ZULKIPLI MATRIC NO : 1333430136 Dr. Abdullah bin osman Enron : Questionable Accounting Leads To Collapse History ENRON CORPORATION. Enron‚ a corporation headquartered in Houston‚ operated one of the largest natural gas transmission networks in North America‚ totaling over 36‚000 miles‚ in addition to being the largest marketer of natural gas and electricity in the United States. Enron managed the world’s largest portfolio of natural gas risk management contracts and
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the people that run the company or organization and they can be expressed to the outside world such as the media or law enforcement. The whistleblower normally faces reprisal from their company‚ related organizations‚ or sometimes from the law. Whistle blowing happens when people get caught between business and social responsibility. They have to decide what is best for the business and what is best for the world. In the Insider Big tobacco denies that nicotine is an addictive drug. Jeff Wigand
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Under the common law‚ accountants may be found liable to the clients who hire them under several legal theories‚ including breach of contract‚ fraud‚ and negligence. Accountants owe a duty to use reasonable care‚ knowledge‚ skill‚ and judgment when providing auditing and other accounting services to a client. In other words‚ an accountant’s actions are measured against those of a “reasonable accountant” in similar circumstances. The development of GAAPs‚ GAASs‚ and other uniform accounting standards
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Enron Case Study A company’s leadership and culture influences its business ethics. A company’s culture is known as the organizational culture. It is the actions and beliefs of individuals that work at the company. All the shared values and enforced policies contribute to organizational culture. “The leadership culture appears as an integral part of the organizational culture and it can have a positive or negative influence upon the latter.” (Popa‚ 2013‚ p. 179). The organizational culture
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Enron 1. How did the corporate culture of Enron contribute to its bankruptcy? There was an overwhelming aura of pride‚ carrying with it the deep-seated belief that Enron¡¦s people could handle increasing risk without danger. The culture also was about a focus on how much money could be made for executives. For‚ example Enron¡¦s compensation plans seemed less concerned with generating profits for shareholders than with enriching officer wealth. Enron¡¦s corporate
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Enron: The Smartest Guys in the Room A white-collar crime by definition is a crime that is committed by individuals of higher status. It is not necessarily a violent crime‚ but could be depending on the situation. An individual who works in a professional environment‚ such as the government or corporation tend to take advantage of employees and manipulate them into thinking their practices are legitimate. Some examples‚ of white-collar crimes include fraud‚ embezzlement‚ insider trading‚ and other
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Enron The collapse of Enron Corporation an American energy‚ commodities and services based Company in Houston‚ Texas reinforces why unethical business practices are not the foundation for an enduring and sustainable enterprise. Good business practices is rewarding because it builds sustainable company‚ trust‚ integrity and organizational growth. In the article Enron ethics: Culture matters more than codes‚ reminded us that before the scandal‚ Enron appeared to have the best organization
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