Describe the role of market pressures on unethical behavior

Assignment Help Microeconomics
Reference no: EM131163332

Ethics and Finance

The Sarbanes-Oxley Act of 2002 (SOX) was passed as the result of the Enron scandal and other instances of accounting fraud. This act was passed to strengthen the role of the Securities and Exchange Commission (SEC).

Research a case of corporate financial abuse related to the Sarbanes-Oxley Act of 2002 and apply this to your current work or desired place of employment.

Create a 1,400-word analysis of the application of SOX in which you include the following:

• Discuss the mistakes made by the company and their leadership.
• Discuss the steps leadership could have taken to prevent or mitigate the repercussions.
• Explain the role of market pressures on unethical behavior.
• Examine the influence of the basics of finance and how the Sarbanes-Oxley Act of 2002 changed things.
• Evaluate the influence of Sarbanes-Oxley Act on ethical behavior. Are businesses more ethical since the enactment?
• Explain the changes companies needed to make in how they use and present financial statements.
• Discuss how SOX has affected your current place of employment if at all, and if not, how it has affected others in the same industry.

Cite a minimum of 2 scholarly sources.

Format your paper consistent with APA guidelines.

Reference no: EM131163332

Questions Cloud

Problem regarding the group decision making : How might varying ethical standards affect a group's decision making? How might the group address this challenge?
Will you use subcontractors for different parts of project : Based on the progressive case study (PCS) project, you will need to develop a list of tools and processes that you would use as the contractor of record for opening the new division office. Will you use subcontractors for different parts of the pr..
What is the cost of equity : The risk free rate on a 30 year US Treasury Bond is 2.625% and the expected rate of return on the overall stock market is 7%. The BOW lake company has a beta of 1.4. What is the cost of equity?
Calculate the rayleigh number and the nusselt number : Determine the equilibrium temperature of the outside surface of the wall - Calculate the Rayleigh number and the Nusselt number.
Describe the role of market pressures on unethical behavior : Explain the role of market pressures on unethical behavior. Examine the influence of the basics of finance and how the Sarbanes-Oxley Act of 2002 changed things.
What will the organizational chart look like : The development of a project team requires planning and consideration. In the forum for this week pleasediscuss your plan for developing a project team in conjunction with the progressive case study assignment. What will the organizational chart l..
What is the size of the investment required : A total of $50,000 was available for investing in a project to reduce insider theft in an appliance warehouse. Two alternatives identified as Y and Z were under consideration. what is the size of the investment required in Y and (b) what is the rate ..
What role do imports play in aggregate demand : What role do imports play in aggregate demand? Under which conditions will changes in imports expand aggregate demand? Reduce aggregate demand?
How can auditors determine a companys true tone at the top : What procedures can auditors perform to detect fraudulent entries made during the consolida- tion process?- How can auditors determine a company's true "tone at the top"?

Reviews

Write a Review

Microeconomics Questions & Answers

  Complete the supply and demand simulation

Complete the Supply and Demand Simulation - Write a 700 - 1,050-word paper summarizing the content of the simulation, and address the following:

  A pharmaceutical company has a patent on a lung cancer

a pharmaceutical company has a patent on a lung cancer treatment drug that gives them a monopoly over thenbsp

  Computing the expected dividends

New Light Corporation has just created a solar panel capable of generating 200 percent more electricity than any solar panel currently on the market. As a result, New Light is expected to experience a 15% yearly growth rate for the next 5 years.

  Explore the business of farmer ted

Explore the business of Farmer Ted.

  Find the role of peer review committee in a managed care

what is the role of the executive director in a managed care organization? could you see yourself practicing in this

  Create a graph showing supply and demand in e-book market

the use of e-books has increased in recent years especially with the advent of mobile e-readers.nbsp a marketing

  How the manager could have handled the situation

Analyze a minimum of three outside sources from the Internet that are reliable and deal with nonverbal communication that a manager could use in order to improve his or her active listening skills and body language in conversations such as you dis..

  New neighbors in the apartment complex

Please answer in 800 words. Linda and Larry are angry because their new neighbors in the apartment complex, Dale and Donna, seem to hold late-night parties every Thursday. Linda and Larry both have long work days that require them to rise earl..

  The interest rate to address the national economy

How the Fed used the interest rate to address the national Economy? What is the difference between a private Bond and Government Bonds? Compare and analyze your Findings.

  Explain how the price and quantity of chips change

BUS102 Introduction to Microeconomics - explain how the price and quantity of chips change. Show the changes on a graph.

  What is expected present discounted value of each of plans

What is the expected present discounted value of each of these plans if the interest rate is 1%? 10% and Which plan would you choose in each case?

  Explain the federal reserves current view about inflation

Describe the monetary policy tools the Federal Reserve uses to stabilize the economy and maintain price stability. Based on the information you researched from Federal Reserve publications, present and justify your own economic outlook for the next..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd