Development of the credibility gap and the expectations gap

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Reference no: EM131881531

Questions

1. Why have concerns over pollution become so important for management and directors?

2. Why are we more concerned now than our parents were about fair treatment of employees?

3. What could professional accountants have done to prevent the development of the credibility gap and the expectations gap?

4. Why might ethical corporate behavior lead to higher profitability?

5. Why is it important for the clients of professional accountants to be ethical?

6. How can corporations ensure that their employees behave ethically?

7. Should executives and directors be sent to jail for the acts of their corporation's employees?

8. Why are the expectations of a corporation's stakeholders important to the reputation of the corporation and to its profitability?

9. How can a corporation show respect for its stakeholders?

10. How can conflicts between the interests of stakeholders be resolved by a corporation's management?

11. Why are philosophical approaches to ethical decision making relevant to modern corporations and professional accountants?

12. What are the common elements of the three practical approaches to ethical decision making that are briefly outlined in this chapter?

13. Is a professional accountant a business person pursuing profit or a fiduciary that is to act in the public interest?

14. Why is it important for a professional accountant to understand the ethical trends discussed in this chapter?

15. Why should a professional accountant be aware of the Ethics Code of the International Federation of Accountants?

16. Why is an ethical corporate culture important?

Reference no: EM131881531

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