Analyzing Ethical Behavior

Roy Moore BUS 340 October 28, 2012 Emily Ryan Analyzing Ethical Behavior Moral ethics is a truly important factor in the corporate human being and is b atomic number 18ly as equally important when finances argon involved. bounteous corporations should always characterize their employees as having good morality and set that have the companys best interest at kindling as well as operating in it as if it was their testify company. With most large corporations the more finances that are beingness dealt with the greater the chances are that some wizard give find a way to stolon scheming or even start embezzling funds and all along non really sentiment that they will get catch. Bernie Madoff, founder of Bernard L. Madoff coronation Securities and former professorship of NASDAQ, deceived many investors out of millions of dollars, by having them bet that he was a renowned financial consultant (Bernard L. Madoff investment Securities, 2010). Im sure Bernie Mado ff, who was one of the biggest corporate scam artist was not thinking at all that he would get caught, peradventure feeling like he was untouchable. Bernie had people investing into Madoffs outsmart funds, or Ascot Partners. Madoff describe to his clients that these hedge funds would provide them with a return of three-fold digits (Lenzner, 2008).

Madoffs deficiency of ethics really hit and suffer a lot of people as well as a lot of organizations causing some to be left hand penurious and some organizations to close their doors or file bankrupt. yet though Madoffs team of lawyers asked for a sentence of 7 years, the assay refused and in return Ma! doff was sentenced to 150 years in the national correctional Institution Butner Medium in North Carolina and a goodly fine which totals in nearly $170 one thousand thousand dollars. posterior in 2001, the Enron scandal was unveiled. Enron corporation was a readiness power company from Houston, Texas that began its existence in the year of 1985 with by the sexual union of two companies ANALYZING ETHICAL BEHAVIOR2 (Houston Natural foul up and...If you compliments to get a full essay, order it on our website: OrderCustomPaper.com

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