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Similarity Index 100% Similarity by Source Internet Sources: 19% Publications: 6% Student Papers: 100% sources: 1 100% match (student papers from 07-Jul-2013) Submitted to Bridgepoint Education on 2013-07-07 paper text: 1The establishment of Federal Sentencing Guidelines for Organizations (FSGO), Sarbanes – Oxley Act (SOX), and the Consumer Financial Protection Bureau (CFPB) had a major role towards the protection of consumer rights. The establishment of all this law is done in order to have and maintain the business ethics in the environment. The various ethical behaviour and practices in the working environment varies from person to person. The people who are involved in maintaining the financial data of the organization was responsible for all the discrepancy in it. As per the practice of the person, some starts practicing in such a way so that they would not be get tracked while some prepare the fraudulent reports in such a way that any point of legal concern should not exist. This unethical behaviour is basically being practiced by introducing some misleading figures, or funds misuse, by stating lower marginal profit, lower income revenue generated overwhelming the assets value of the organization are some of the types that had a major role in creating fraudulent to the consumer or to the stockholder of the organization. Having a proper analysis of investopedia.com, it has brought into attention that the various scams that are being done by few of the growing industries like Tyco, WorldCom and Enron. Enron Corporation, one of the leading industries with over more than 21,000 employees dealing with the energy, natural gas as well as the paper. The revenue of the organization is going down continuously, but then also in the financial report it was shown to have a continuous profit day by day which is being regularly maintained by giving up the bribes. Suddenly, when the issue was brought into context, its shares and the stock value fell from $90 to $0.03 on a single day causing a huge loss to the investors. Hence, in order to protect the investor from this fraudulent activities, the Sarbanes Oxley Act of 2002, is being established in order to keep track of the various issues and to protect the consumer from being cheated. Further the establishment of Federal Sentencing Guidelines for Organizations (FSGO) as well as the Consumer Financial Protection Bureau (CFPB) is being done in order to have a proper format to maintain the financial data and records with the help of which the, Security Exchange Board can analyze the different figures with a comparatively less effort and time and establish an ethical practice for a proper data management that could be made easier for verification and will also helps to reduce the discrepancy to an extent. A proper practicing of Federal Sentencing Guidelines for Organizations incorporated by the Federal government not only helps in reducing the questionnaire about the various figures during the work but will also lead to an ethical practice as well to follow a pattern to do each and every task. As far as compared to the present era, questionable is obvious about the use of various corporate funds, false accounting records, and controversial sales techniques are common in this decade (Lublin, 1994; Steinmetz, 1994; Stern, 1994). Seen in the national survey, around one-third of the employee is pressurized to misconduct contributing to unethical conduct. Around a one-third of the people being involved in it which is known by almost half of the people, then even not a single complaint is done against them and the behavior being done by them continues as well without any interruption (Goodell, 1994). This guideline is basically being established to have a control over time crime within the organization. The Consumer Financial Protection Bureau is being established by the Professor Elizabeth Warren, which enables to protect the consumer interest and their respect of making the choices in the market by having a proper control of the market to protect the people from being snatched by fraud. As far the business ethics is concerned, the following of this practices or the behavior had a greater impact on the business ethics environment leading to which the faith of people on the organization goes on decreasing, loss of client and further projects, depreciation of the stock holders as well as stake holders. As already discussed, the organization, Enron Corporation because of his fraudulent activities on a continuous basis and moreover maintaining a fake face value of its stocks in the market not only made the organization suffer a lot but also let lose the faith and money of several of its clients, its share holders as well as stake holders, and resulting to a complete downfall of the stock value in a single day to an extent ever recorded till now leading to not only the concern for the management of the organization but for the consumer who had faith was also had to suffer. These all related fraudulent in accounting activities and management are being done from a long time and will continue to exist forever and ever. Being ethical at the work environment, does not mean being ethical to all. It may be possible the behavior which is ethical for someone may not be compatible or expected by someone and who can regard this as unethical. Besides this, the prime point of concern is the minimization of fraudulent and unwanted activity that is being practiced in the organization in the financial record and data and to have a proper check all the respective Federal Sentencing Guidelines for Organizations (FSGO), Sarbanes – Oxley Act (SOX), and the Consumer Financial Protection Bureau (CFPB) was build. Thus, it is being suggested to impart a proper training in almost each and every business schools in order to make the students aware of the various issues with respect to misleading the organization, making them familiar with each and every aspects of the management process and further more the case studies of different organization performance leading to mis-conducting and their performance throughout will let the individual know much about the consequences and the consequences of practicing ethical or unethical behavior at the work place. REFERENCES: Edwards, G. and R. Goodell: 1994, `Three Years Later: A Look at the Effectiveness of Sentencing Guidelines’, Ethia Journal (Fall/Winter) 1, 4. Ettorre, B.: 1994, `Crime and Punishment’, Management Review 83, 10-16. Lublin, J. S.: 1994, `Less-Than-Watchful Eyes Didn’t Oversee Expenses of a Utility’s Chairman’, The Wall Street Journal (June 15), B1, B4. Manley, W W II: 1992, The Handbook of Good Integrity’, Harvard Business Review March/April. Posner, B. Z., J. Kouzes and W H. Schmidt: 1985, `Shared Values Make A Difference’, Human Resource Management 24, 293- 309. Scalia, J. Jr.: 1995, `Cases Sentenced Under the Guidelines’, in Corporate Crime in America: Strengthening the Good Citizenship Corporation (United States Sentencing Commission: Washington, D.C.), pp. 253-268. Sims, R. L. and K. G. Kroeck: 1994, `The Influence of Ethical Fit on Employee Satisfaction, Commitment, and Turnover’, Journal of Business Ethics 13 (December), 939-947. Steinmetz, G.: 1994, `Met Life Got Caught, Others Sent Same Letter’, Wall Street Journal (January 6), B1, B6. http://search.proquest.com.proxy- library.ashford.edu/business/docview/198195145/13EF474EF8FB834312/1?accountid=3252 1 Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7

Similarity Index 100% Similarity by Source Internet Sources: 19% Publications: 6% Student Papers: 100% sources: 1 100% match (student papers from 07-Jul-2013) Submitted to Bridgepoint Education on 2013-07-07 paper text: 1The establishment of Federal Sentencing Guidelines for Organizations (FSGO), Sarbanes – Oxley Act (SOX), and the Consumer Financial Protection Bureau (CFPB) had a major role towards the protection of consumer rights. The establishment of all this law is done in order to have and maintain the business ethics in the environment. The various ethical behaviour and practices in the working environment varies from person to person. The people who are involved in maintaining the financial data of the organization was responsible for all the discrepancy in it. As per the practice of the person, some starts practicing in such a way so that they would not be get tracked while some prepare the fraudulent reports in such a way that any point of legal concern should not exist. This unethical behaviour is basically being practiced by introducing some misleading figures, or funds misuse, by stating lower marginal profit, lower income revenue generated overwhelming the assets value of the organization are some of the types that had a major role in creating fraudulent to the consumer or to the stockholder of the organization. Having a proper analysis of investopedia.com, it has brought into attention that the various scams that are being done by few of the growing industries like Tyco, WorldCom and Enron. Enron Corporation, one of the leading industries with over more than 21,000 employees dealing with the energy, natural gas as well as the paper. The revenue of the organization is going down continuously, but then also in the financial report it was shown to have a continuous profit day by day which is being regularly maintained by giving up the bribes. Suddenly, when the issue was brought into context, its shares and the stock value fell from $90 to $0.03 on a single day causing a huge loss to the investors. Hence, in order to protect the investor from this fraudulent activities, the Sarbanes Oxley Act of 2002, is being established in order to keep track of the various issues and to protect the consumer from being cheated. Further the establishment of Federal Sentencing Guidelines for Organizations (FSGO) as well as the Consumer Financial Protection Bureau (CFPB) is being done in order to have a proper format to maintain the financial data and records with the help of which the, Security Exchange Board can analyze the different figures with a comparatively less effort and time and establish an ethical practice for a proper data management that could be made easier for verification and will also helps to reduce the discrepancy to an extent. A proper practicing of Federal Sentencing Guidelines for Organizations incorporated by the Federal government not only helps in reducing the questionnaire about the various figures during the work but will also lead to an ethical practice as well to follow a pattern to do each and every task. As far as compared to the present era, questionable is obvious about the use of various corporate funds, false accounting records, and controversial sales techniques are common in this decade (Lublin, 1994; Steinmetz, 1994; Stern, 1994). Seen in the national survey, around one-third of the employee is pressurized to misconduct contributing to unethical conduct. Around a one-third of the people being involved in it which is known by almost half of the people, then even not a single complaint is done against them and the behavior being done by them continues as well without any interruption (Goodell, 1994). This guideline is basically being established to have a control over time crime within the organization. The Consumer Financial Protection Bureau is being established by the Professor Elizabeth Warren, which enables to protect the consumer interest and their respect of making the choices in the market by having a proper control of the market to protect the people from being snatched by fraud. As far the business ethics is concerned, the following of this practices or the behavior had a greater impact on the business ethics environment leading to which the faith of people on the organization goes on decreasing, loss of client and further projects, depreciation of the stock holders as well as stake holders. As already discussed, the organization, Enron Corporation because of his fraudulent activities on a continuous basis and moreover maintaining a fake face value of its stocks in the market not only made the organization suffer a lot but also let lose the faith and money of several of its clients, its share holders as well as stake holders, and resulting to a complete downfall of the stock value in a single day to an extent ever recorded till now leading to not only the concern for the management of the organization but for the consumer who had faith was also had to suffer. These all related fraudulent in accounting activities and management are being done from a long time and will continue to exist forever and ever. Being ethical at the work environment, does not mean being ethical to all. It may be possible the behavior which is ethical for someone may not be compatible or expected by someone and who can regard this as unethical. Besides this, the prime point of concern is the minimization of fraudulent and unwanted activity that is being practiced in the organization in the financial record and data and to have a proper check all the respective Federal Sentencing Guidelines for Organizations (FSGO), Sarbanes – Oxley Act (SOX), and the Consumer Financial Protection Bureau (CFPB) was build. Thus, it is being suggested to impart a proper training in almost each and every business schools in order to make the students aware of the various issues with respect to misleading the organization, making them familiar with each and every aspects of the management process and further more the case studies of different organization performance leading to mis-conducting and their performance throughout will let the individual know much about the consequences and the consequences of practicing ethical or unethical behavior at the work place. REFERENCES: Edwards, G. and R. Goodell: 1994, `Three Years Later: A Look at the Effectiveness of Sentencing Guidelines’, Ethia Journal (Fall/Winter) 1, 4. Ettorre, B.: 1994, `Crime and Punishment’, Management Review 83, 10-16. Lublin, J. S.: 1994, `Less-Than-Watchful Eyes Didn’t Oversee Expenses of a Utility’s Chairman’, The Wall Street Journal (June 15), B1, B4. Manley, W W II: 1992, The Handbook of Good Integrity’, Harvard Business Review March/April. Posner, B. Z., J. Kouzes and W H. Schmidt: 1985, `Shared Values Make A Difference’, Human Resource Management 24, 293- 309. Scalia, J. Jr.: 1995, `Cases Sentenced Under the Guidelines’, in Corporate Crime in America: Strengthening the Good Citizenship Corporation (United States Sentencing Commission: Washington, D.C.), pp. 253-268. Sims, R. L. and K. G. Kroeck: 1994, `The Influence of Ethical Fit on Employee Satisfaction, Commitment, and Turnover’, Journal of Business Ethics 13 (December), 939-947. Steinmetz, G.: 1994, `Met Life Got Caught, Others Sent Same Letter’, Wall Street Journal (January 6), B1, B6. http://search.proquest.com.proxy- library.ashford.edu/business/docview/198195145/13EF474EF8FB834312/1?accountid=3252 1 Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Regulatory Measures Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7

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