StudentShare solutions
Triangle menu
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Business Ethics - Essay Example

Nobody downloaded yet
Other research on lobbying behaviour and the effect of a proposed financial accounting standard on pro forma net income provides mixed results. For example, Watts and Zimmerman (1978) report that economic self-interests motivate a large firm to lobby for an accounting standard that reduces pro forma net income.
Yet, other studies (Martens and Stevens, 1993; Dechow et al., 1996) find no relationship between lobbying behaviour and the effect of the proposed standard on net income. The present study extends prior research by examining whether economic self-interests affect corporate lobbying on disclosure, especially on
Prior to the 1993 Exposure Draft (ED) on FAS 123, Accounting for Stock-Based Compensation, corporations provided relatively little information on the value of stock-based compensation (SBC) held by top management. Essentially, corporations reported the SBC for only the top five executives and only in annual proxy statements as required by the U.S. Securities and Exchange Commission (SEC).
The ED proposed recognizing for the first time in annual reports the amount of SBC for all employees. Comment letters to the FASB on FAS 123 almost exclusively opposed recognition of SBC. However, as Walker and Robinson (1993) note, a careful analysis of the substance of comment letters (i.e., analysis beyond simply counting ‘yes/no’ votes on recognition) can provide additional insights into the politics of the standard-setting process. The current analysis of the comment letters reveals that managers supported varying venues and formats of disclosure. Thus, the varying responses to the FASB on the ED for FAS 123 provide a unique opportunity to examine whether economic self-interest motivates lobbying on venues and formats of disclosure of information (Breton Wall Street Journal, 5 November 1993).
The results of this study indicate that differences in corporate lobbying positions on disclosure are related to the value of corporate SBC. In ...Show more
Cite this document
  • APA
  • MLA
(“Business Ethics Essay Example | Topics and Well Written Essays - 2500 words - 2”, n.d.)
Retrieved from
(Business Ethics Essay Example | Topics and Well Written Essays - 2500 Words - 2)
“Business Ethics Essay Example | Topics and Well Written Essays - 2500 Words - 2”, n.d.
  • Cited: 0 times


Financial Accounting Standards Board (FASB) in their own economic self-interests rather than in the interests of other stakeholders. Research in this area has focused on whether managers lobby for or against standards…
Author : antoniettaoberb
Business Ethics
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Business Ethics"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Business Ethics
According to the task, these ethics can be explained in many different theories of ethics that include virtue ethics, rationality, utilitarianism, communitarianism, social ethics and normative ethics. Hence, international business ethics and corporate governance can be explained in various ways (Casson 95).
4 pages (1000 words) Essay
Business Ethics
Business ethics are rules as well as standards which an organization is required to follow while performing its activities or operations. It mainly consists of moral standards which vary among organizations and it also helps in determining the right and the wrong decisions.
3 pages (750 words) Essay
Business ethics
For example, according to the limited knowledge of the researcher, Magna Carta of 1215 was the first legal reference for ethics in UK (Holme, 2008). However, magnitude of importance for ethical perspective of business operation has been increased manifold in recent years after the financial scams by corporate such as Enron, Lehman Brothers, Worldcom, Nortel and many others came to the light.
14 pages (3500 words) Essay
Business Ethics
Business ethics theories are often adopted by organisations seeking to curb practices that are deemed as corrupt. They usually have moral principles that organisations can implement to make sure that all the workers operating in the company conform to accepted codes of behaviour
6 pages (1500 words) Essay
Business Ethics
Examples of ethical issues concerning three different issues have been explained along with their alleged law suits that have flagged these issues in the United States. Business ethics are the moral eternal, abstract, and the
2 pages (500 words) Essay
Business Ethics
The multi-dimensional aspect of business ethics places the responsibility for ethical business conduct on the business professional, peers, organization and the various factors that
8 pages (2000 words) Essay
To some, the suggestion that an orderly and analytical process of decision making, not only on a personal level – but more so in business, should include the discussion of highly controversial ethical issues, about which
1 pages (250 words) Essay
Business Ethics
The other group of business people takes it as avoiding activities that portray bad image of the company. If the above are not considered as business ethics the business institutions may suffer loss or may earn the business bad reputation.Business people believe that if good business ethics are adhered to then the business will experience an upward trend with a lot of profit.
2 pages (500 words) Essay
Business Ethics
Various Judeo-Christian values and biblical principles are applicable in many economic situations and can help enhance business ethics. Despite the
4 pages (1000 words) Essay
Business Ethics
A similarity between ethics in the United States and ethics in Asia is that they address a variety of similar factors such as pollution, corruption, fraud and contracts among others. Although approaches to dealing with
2 pages (500 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Business Ethics for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us