Effects of the Enron Scandal (Kassie) The Enron scandal had a great effect on the United States‚ with an impact on individuals from the consumer level to those running the company as well as the stock market and investors. Throughout the scandal‚ 4‚500 employees lost their jobs and investors lost approximately $60 billion dollars within a few days. The loss of such a large sum of money meant the loss of old-age and retirement security for many of the investors who put their money and faith in the
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Abortion Thesis: Abortion is morally permissible in which a fetus is not a person which deprives the fetus to its right to life‚ circular reasoning is an ineffective to oppose abortion‚ abortion only risks the fetus not society‚ and deprivation from a fetus’s future and suffering of a loved one has no affect on the argument towards anti-abortion. Mary Anne Warren in On the Moral and Legal Status of Abortion stated the characteristics which are central to the concept of personhood which are “sentience
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It states that some society customs are morally unacceptable. Pluralism recognizes that moral judgements of societies‚ but rejects ethical conventionalism that reduces moral values to customs. Stuart Hampshire (1914 – 2004) was an ethical pluralist who argued that polygamy is at least sometimes morally acceptable. He didn’t believe that all cases of polygamy were permissible because they give the women their equal rights
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CASE 4-1: Bessrawl Corporation Reconciliation of net income from U.S. GAAP to IFRS 2011 Net Income according to U.S. GAAP attributable to equity holders of Bessrawl Corporation ………… $1‚000‚000.00 IFRS adjustments: Add: Reversal of inventory cost written down to replacement cost….. 10‚000.00 Less: Additional depreciation of building after 2011 revaluation……..
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Enron The affect of the unethical behavior of the profitability of Enron was that the third party “outside” independent auditors was not able to backup and have accounting financial statements‚ some of those auditors and financial institutions may have been misled by the corporation’s net income. If I was an accountant for this company I would have followed regulated federal security laws‚ and if failed to provide prove of documents or financial statements‚ I would admit to my mistakes but also
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It would have been significantly harder if I had to do it for the rest of my life. Perhaps it was manageable because I wore the mask of utilitarianism for a day and knew that it would only be for a single day. Utilitarianism believe “an action is morally right if and only if it does more to improve oval well-being than any other action you could have done in the circumstances” (Shafer-Landau 115). This theory is not always equitable because there is no true way to measure happiness‚ it demands selflessness
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while inside of the mother’s womb. Although this is a consistently heated debate‚ abortion is cruel and inhumane and should not be allowed. One reason abortion is cruel and inhumane and should not be allowed is because aborting a helpless baby is morally wrong in many aspects. For example‚ in the article “Late-Term Abortion
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Case summary – Enron Corporation’s Weather Derivatives Steve Haik‚ Dan Sleker and Bas van Bellegem – March 2003 Background In October Mary Watts‚ CFO of Pacific Northwest Electric (PNW) reviewed the forward plan for PNW’s 200-2001 season. PNW’s has been experiencing nearly no EPS growth since 1995 due to deregulation and warmer-than-average winter climate. The stock price had suffered accordingly‚ but there maybe a way to hedge the weather risk via a new “weather derivative” being proposed by
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Chilean Copper Mine Collapse Ryan Moorer BCOM/275 5/21/2013 Bettie Brown On August 5‚ 2010 the world watched as reports came in from Chile‚ a small copper mine caved-in leaving 33 mine workers trapped underground (Weik‚ 2010). Initial reports did not know if there were any survivors. It was 17 days before any contact was made with the trapped miners (Hughes‚ 2010). The family members and the rest of the world were relieved to know that all of the miners had survived the collapse. The mine officials
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Wal-Mart Group Case Study Team A Westley Bisson‚ Leah Bond‚ Ken Chrapkowski‚ Lisa Cochran‚ Christopher Cooper MGMT560PA – Ethics in a Global Marketplace June 17‚ 2012 Dr. Roger Fuller Southwestern College Professional Studies Wal-Mart Group Case Study Team A’s paper will provide an in-depth review of Wal-Mart’s ethical challenges at home and abroad along with how Wal-Mart continues to make corporate social responsibility a priority in its business across the globe. The teams review begins
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