Business ethics Business ethics (also corporate ethics) is a form of applied ethicsor professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has normative and descriptive dimensions. As a corporate practice and a career specialization‚ the field is primarily normative. Academics attempting to understand
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CASE STUDY: MARCH 2012 SEMESTER I. Analyze the case and respond to the following questions: a) Discuss the earnings management techniques employed by the management of Satyam. Earning management or creative accounting is referred to the manipulation or misrepresentation of the company’s financial earnings in order to achieve stable and positive financial position. This was achieve through directly or indirectly use of the accounting methods. Even though the manipulation may follow all
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11/18/2014 Students of MSc. Financial and Managerial Accounting • Sonia Saher • Mohammad Waqas • Lu Tran Diem Trinh • Xin Wang 2 Roadmap: Introduction to Satyam and agency conflict overview Stakeholders at Satyam (presenter M. Waqas) Inadequacy in Satyam’s Corporate Governance (Presenter Trinh) Suggestions to save Satyam ship (Presenter Xin) Questions will be entertained at the end 11/18/2014 3 B. Ramalinga Raju‚ January 7th 2009 "It was like riding a tiger‚ not knowing how to get
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the tiger. But then the other said –‘did not he know from the start that it was a tiger?’ The problem with ethics in business‚ or in more open words‚ the problem with fraud in business is that people know that they are coming fraud but they are too much self-absorbed to know that they would be caught. The case Satyam fraud was an eye opener for everyone who has a part to play in the business chain – the promoters‚ employees‚ auditors (both internal and external)‚ customers‚ shareholders‚ board-members
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With the freedom of the computer has come a multitude of new ethical issues. Computer ethics is a set of moral principles that systematize the use of computers and supervise the behavior of a group or individual. This essay will tell how computer ethics came about. We will discuss the “Ten Commandments of Computer Ethics.” Having the use of a computer for business‚ academic‚ or just for social reasons entitles you to know and follow these ethics. Do you apply computer ethics when spending time on the
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Computers and Ethics in the Workplace Executive Summary This paper discusses issues with ethics that have derived in the workplace as a result of the use of business computers. The definition of computer ethics is simple; they are a set of moral principles that intend to help with the regulation of the use of computers. Some common problems with computer ethics consist of privacy concerns‚ intellectual property rights‚ and the way computers have an effect on people. In other words‚ computer ethics
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The advent of computers has revolutionized the workplace and redefined operational practices. The use and deployment of computers‚ computer systems and information technology (IT) applications in every aspect of business is now commonplace. The recent application and adoption of Web-based‚ information and telecommunication technologies has force-multiplied the capabilities and benefits of computers. The importance of computers in business cannot be overstated. Collaboration o Businesses are using
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Computers and the world of information technology are advancing quickly in this generation. Moor in his 1985 article “What is Computer Ethics?” stated that‚ “Computers provide us with new capabilities and these in turn give us new choices for action”. Hence‚ arguments about privacy and ethics in computer technology arise. With the birth on computers there “was concern right away that computers would be used inappropriately to the detriment of society”(Herold‚ 2006). I believe that the good is outweighing
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BUSINESS ETHICS DEFINITION Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization‚ the field is primarily normative. Academics attempting
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least one home computer. Another statistic is that about 55% of people also have internet on their home computers. In everyday life it is important for a person to have good ethics; this is also true about computer usage. Due to the fact that more than half of the American population owns computers‚ computer ethics are a growing concern in a rapidly changing society. Ethics would seem to be the last topic to be covered in a technical discussion of the Internet. How can ethics be defined? They
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