HILARY JOHNSON CHUKWUMA CHUKWURAH INTRODUCTION In the universe of textbooks on Mass Communication theories‚ Stanley J. Baran’s and Dennis K. Davis’‚ Mass Communication Theory: Foundations‚ Ferment and Future stands out. A 456-page compendium on Communication theories‚ the book is down-to-earth‚ dishing and distilling various Mass Communication/media theories that were propounded by communication/media scholars and practitioners over time. The book is a communication theory Bible of a sort‚ which
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political rallies at colleges to major literature works‚ people were starting to question everything that had‚ for so long‚ been accepted as the norm. The ideas of those involved were also quite apparent in the films that were produced in that decade. Dennis Hopper’s Easy Rider was quite possibly one of the most pronounced and symbolic movies of the sixties in its efforts to convey the way the "youth" of that time period felt‚ and how they perceived the world they were living in. Hopper’s movie‚ a hit
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distracted from my ability to sympathize with Bernard Ebbers conviction. His defense team argued that the trial judge wrongly instructed the jury that it could convict Mr. Ebbers on the basis that he engaged in “conscious avoidance” of the fraud at WorldCom. It is evident that Ebbers took a blind eye to any consideration to analyze the good stuff from the bad stuff in this situation. He failed to calculate the considerations of utility and as a result he is paying the consequences through a substantial
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name was changed to LDDS WorldCom in 1995 and later just known as WorldCom. MCI‚ Inc. was a telecommunications company that was headquartered in Ashburn‚ Virginia. This was a result of the merger of WorldCom and MCI Communications. They used the name MCI WorldCom but officially became WorldCom on April 14‚ 2003 “as part of the corporation’s emergence from bankruptcy.” (MCI Inc) MCI had a history of acquiring companies that led to the breakup of the AT & T monopoly. WorldCom on the other hand‚ was
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publically traded companies. Every week brought different news on misrepresentations at major American corporations and financial institutions. As soon as the report of accounting fraud at Enron reached public‚ media revealed similar scandals at WorldCom‚ Tyco and number of other publically traded companies. Improper revenue recognition‚ incorrectly recorded expenses‚ and other practices to manipulate financial statements along with briberies to auditors for covering the fraud caused the biggest
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conclusion‚ Enron‚ WorldCom and other financial scandals have brought more awareness to investors... Premium The Unethical Business In The Telecommunication Industry The overcharging behaviour of AT&T Recommendations for telecommunication industry Conclusion Findings WorldCom WorldCom‚ The Americas second-biggest long... Premium Miss of technology and business markets/trends. The conclusion of the need for preventative measures has been surmised based on observations of WorldComs turn of events
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WorldCom and Accounting Ethics ACC557 Assignment #1 April 29‚ 2013 Dr. Mohammad Rahman Deanna Williams Current business and regulatory environments are more conducive to ethical behavior due to many new laws that have been put into effect in recent years. For many companies‚ especially small ones‚ the checks and balances are not put into place as well as they should be. With new laws in effect and more and more accountants paying attention to their clients’ accounts‚ ethical behavior is on
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the threat is at an acceptable rate. If the threat isn’t at an acceptable level then the application of safeguard must be done by the accountant to diminish or remove the potential results of the threat. (AICPA‚ 1.110.010.01-.18) In the case of Dennis Moberg as the CEO of Enron his conflict of interest must not only follow the process detailed in the integrity and objectivity rule‚ but also follow the confidential client information rule. This rule details how a director must not only be aware of general
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References: Cavanagh‚ Gerald‚ F.‚ Moberg‚ Dennis J. and Velasquez‚ Manuel (1981). The ethics of organizational politics. Academy of Management Review‚ 6 (3): 363-374. Guillory‚ W.‚ Stramwasser‚ R.‚ Pinos‚ V.‚ & Twigg‚ N. W. (2012). How ethical theory may enhance corporate social responsibilities
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White Collar Crime White collar crime is prevalent and brought to our attention more and more by the media since the mid to late 1990s. With the downfall of companies such as Enron‚ Tyco Toys and WorldCom MCI white collar criminals are facing lengthy prison sentences. Greed and personal vendettas are what have led our country to understand and gain more knowledge about these corporations and the corrupt CEOs that have brought them to their demise. “White collar crime is defined as various crimes
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