1. The appointments of Kong as president of board, and Watson as vice president of the board after the company went public could have a negative impact upon the operations of the organisation. These two individuals had been the CEO and deputy CEO for the company, respectively, when the company was undergoing financial constraints. Maintaining these individuals within the board brings a negative impression to the organisation as they played significant role in the collapse of the organisation. 2. The board should have sought the accurate financial reports and not have relied on the decisions being made by Kong and Watson. The board should also have been provided with the market information of the telephone networks sector to make an educated judgment regarding venturing into the business. 3. In the collapse of the corporate, executive members were involved in making wrong decisions, through their desires to keep the factual financial position of the company hidden from the general public. The non-executive members failed on their part to monitor the financial performance and relied on information provided by Watson members, which was mostly untrue. 4. Within the corporation numerous ethical issues surrounding the conduct of Joe Kong and Jeff Watson, the CEO and Deputy CEO respectively. These breaches could have been avoided through initiating control measures and monitoring the decisions that these executives made for the organisation.
Cite this document
(“Ethics and governance Case Study Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.net/social-science/694100-ethics-and-governance
(Ethics and Governance Case Study Example | Topics and Well Written Essays - 250 Words)
“Ethics and Governance Case Study Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.net/social-science/694100-ethics-and-governance.
Cited: 0 times
The appointments of Kong as president of board, and Watson as vice president of the board after the company went public could have a negative impact upon the operations of the organisation. These two individuals had been the CEO and deputy CEO for the company, respectively, when the company was undergoing financial constraints. …
According to Boatright, a conflict of interest can be defined as the incidence of personal interest that essentially weakens an employee’s capacity to take appropriate and suitable decisions regarding his/her job due to the emergence of a conflict with the motives of fulfilling the rights of other individuals.
It provided the researcher with enough evidence on ethical lapses present within an organization particularly in the pharmaceutical sector. The report has been divided into two tasks. Task 1 is based on the case study, “GlaxoSmithKline experiences high cost of product quality issues” which identifies the ethical lapses that may have affected the product quality at GSK.
It produces a number of pharmaceutical products ranging from biologics, vaccines and drugs targeting neglected diseases in the sub-Saharan Africa. The multinational was formed following merger with other pharmaceutical and related companies like smith Kline Bicham, Glaxo welcome plc in the United Kingdom and smith Beckman Corporation all based in the United Kingdom.
The growing of this kind of soybean is greatly facilitated by the rainforest climate of Amazon. Hence the production of soybean has boomed in this region and extensive savanna like ecosystem (known as Cerrado) is being converted into industrial soybeans farms, which is highly detrimental to the environment.
Other activities include telecommunications software services and property management.
Next's code of practice resolves not to work with suppliers who engage in child labour. 'Next will not work with companies who continue to use child labour. A 'child worker' is regarded as someone who is below the legal minimum school leaving age for their country'.' Next will support existing suppliers who provide education for existing child workers and gradually it will replace them with adult members of their family.
higher road tax for higher-emission vehicles).
Business ethics can be both a normative and a descriptive discipline. As a corporate practice and a career specialization, the field is primarily normative. In academia descriptive approaches are also taken. The range and
Nevertheless, despite the seemingly many advantages brought about by this consolidation, several issues pertaining to ethics might prove a challenge in the future. The consolidation of citizens’ records is certainly a good
The 2008 financial crisis is one of the main ethical case studies owing to the global implications that result from the decisions made by people against the ethical requirements in the society. The 2008 financial crisis is well highlighted by moral
2 pages (500 words)Case Study
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you another Case Study on topic Ethics and governance for FREE!