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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References: Ferrell‚ O.C Fraedrich‚ John and Ferrell‚ Linda. “Business Ethics: Ethical Decision Making and Cases”‚ 8th Edition‚ Houghton Mifflin: Boston‚ MA “Google Search”; www.google.com “Sustainability at BP”; http://www.bp.com/sectionbodycopy.do?categoryId=3411&contentId=7081516 http://www.guardian.co.uk/business/2009/oct/30/bp-texas-city-safety-fine
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Coping with Financial and Ethical Risks at American International Group (AIG). Abstract American International Group‚ Inc. (AIG) reported bogus transactions that hid losses and inflated its net worth. AIG inflated reserve funds that were to be used for paying claims by millions of dollars and that AIG’s CEO Maurice Greenberg repeatedly directed AIG traders late in the day to buy AIG shares to prop up its price. However‚ aside from AIG’s corporate financial reporting errors or outright fraud
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Code of Ethical Principles and Rules of Conduct Version 2.12 ISBN: 1-55219-024-2 Additional copies can be obtained from: Certified General Accountants Association of Canada 100 – 4200 North Fraser Way Burnaby‚ BC Canada V5J 5K7 © CGA-Canada‚ 2011 All rights reserved. These materials or parts thereof may not be reproduced or used in any manner without the prior written permission of the Certified General Accountants Association of Canada. Second Edition‚ Version 2.12 Printed in Canada
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Introduction AIG‚ American International Group Inc.‚ is one of the top multinational insurance corporations. AIG‚ with asset of 556 billion‚ provides insurance service for more than 150 different countries and it has over 630‚ 000 employees over the world. Even though AIG is such a giant corporation‚ it has encountered financial problems in the early 2000s. Under financial pressure and a lack of internal control‚ AIG have committed frauds resulting in several scandals. One of the accounting scandals
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Ethical Dilemma Executive Summary Any officer who joins a new department has to be faced with the ethical dilemma of what is right and wrong. An officer‚ who witnesses another officer accepting a bribe‚ is left with the burden of deliberating if they should report what they witnessed. The rules and regulations for any department come into question when an officer is faced with such situation. Criminal justice personnel are projected to up hold the code of ethics no matter what‚ but can often
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[pic] LEADERSHIP AT AIG: DOES STYLE MATTER? Case Overview This case deals with executive leadership styles. In particular‚ this case deals with American International Group‚ the world’s insurance company‚ and its CEO Maurice “Hank” Greenberg. Greenberg‚ an autocratic leader‚ was recently deposed by his board of directors after problems emerged regarding possible earning manipulation. It describes his leadership style‚ reasons his two sons (former employees) left the company‚ and Martin
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Ethics in Psychology Broward College Ethical Principles of Psychologists & Code of Conduct1 What is it about each of these studies that makes them unethical? The Milgram experiment In the Milgram experiment the people who played the role known as the teachers‚ were intentionally tricked. Based on the Code of Conduct 2 where pretext may be ethically admissible. It was the way that Milgram did so that was not ethical by today’s standards. For human participants the codes cover topics such
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AIG Accounting Scandal Contents 1.0 Introduction ………………………………………………. 2 1.1 Overview of AIG …………………………………….. 2 2.0 Scandal Methodology Used by the Company………… 3 2.1 Accounting Practices Errors ……………………….. 3 3.1 Ways to Hide Accounting Improprieties ………………. 4 4.1 Who the scandal effected ………………………………. 7 5.1 Recommendations ………………………………………. 8 6.1 Conclusions ………………………………………………. 9 7.1 References ………………………………………………. 10
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Karlo Marco C. Cleto Management Principles 11097361 MBA-JD A Reaction to Michael Naughton’s “The Ethical Executive” Michael Naughton’s “The Ethical Executive” is a brief discussion of the document “Vocation of a Business Leader”‚ which was first presented at the International Christian Union of Business Executives World Congress in France earlier this year. The Ethical Executive is a sort of introductory paper encouraging managers to study the aforementioned document‚ which advocates
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