Would companies eliminate financial scandals if they establish a corporate ethics code Why or why not?
In our opinion, a corporate ethics code would lessen, but not eliminate company financial scandals. Generally, such a code would prevent dishonest people from doing wrong, and prevent honest people from being subject of suspicion and false accusation. Nowadays, most companies already work under such a code anyways.
Why do accounting scandals happen?
Causes of Accounting Scandals Lack of transparency in financial reporting. Poor quality of management information (such as inaccurate and irrelevant information) Very lavish performance linked bonus programme. Non independence of the internal audit team.
How can employee misconduct be prevented?
How to Avoid misconduct in a Workplace
- Be Supportive of Each Other. Rather than trying to prevent misconduct, it is better to create a culture that makes employees feel safe, supported, valued, and productive.
- Establish a Strong Policy. Many employers have purchased videos explaining harassment in the workplace.
- Communicate With Your Supervisors.
- Share Results.
What can a board of directors do to make sure there is ethical conduct in their company?
Create an ethics committee of the board. Its charter should include appointment, with feedback from the other directors, of the chief ethics and compliance officer (CECO); and the committee should approve the company’s code of conduct, as well as revise it to meet changing conditions in the marketplace.
Why do corporations and corporate boards so often encounter ethical dilemmas?
All Ethical Issues Point to the Board of Directors Because a corporation is not human, there is no way to sanction the corporation or hold it accountable for illegal activity. A corporation doesn’t feel guilt or remorse for having harmed its employees or customers.
What companies are unethical?
Famous Examples of Unethical Business Practices
- Wells Fargo. There has been one massive scandal after another at Wells Fargo.
- Ferrero USA. Ferrero USA is the company behind the brand Nutella.
- Volkswagen.
- Foxconn.
- Coca Cola.
- Halliburton.
What did Amazon do that was unethical?
Amazon is an arch tax avoider and is the subject of a global boycott call by Ethical Consumer. The world’s biggest online retailer is generating huge revenues in the UK but paying very little corporation tax. It does this by funnelling money through its holding company in the notorious tax haven of Luxembourg.
What is Apple’s biggest problem?
Apple’s biggest problem isn’t a slow-down in the Chinese economy or the US-China trade war, which has been blamed for a big downward revision in sales. Its biggest problem is taking consumers for granted at home and abroad.
Is Android better than Apple?
Apple and Google both have fantastic app stores. But Android is far superior at organizing apps, letting you put important stuff on the home screens and hide less useful apps in the app drawer. Also, Android’s widgets are much more useful than Apple’s.
Why iOS is faster than Android?
This is because Android apps use Java runtime. iOS was designed from the outset to be memory efficient and avoid “garbage collection” of this sort. Hence, the iPhone can run faster on lesser memory and is able to deliver similar battery life to that of many Android phones boasting vastly larger batteries.
Is iOS safer than Android?
In some circles, Apple’s iOS operating system has long been considered the more secure of the two operating systems. Android is more often targeted by hackers, too, because the operating system powers so many mobile devices today.
Is Android owned by Google?
The Android operating system was developed by Google (GOOGL) for use in all of its touchscreen devices, tablets, and cell phones. This operating system was first developed by Android, Inc., a software company located in Silicon Valley before it was acquired by Google in 2005.
Who invented Android OS?
Andy Rubin
Who owns Youtube now?
Google2006–
How rich are the founders of YouTube?
Chad Meredith Hurley (born January 24, 1977) is an American webmaster and businessman who serves as the co-founder, advisor, and former CEO of YouTube. He also co-founded MixBit….
| Chad Hurley | |
|---|---|
| Net worth | $355 million |
| Successor | Salar Kamangar |
Who has the most subscribers on YouTube?
PewDiePie
How much money do you make on YouTube videos?
With the average YouTube pay rate hovering between $0.01 and $0.03 for an ad view, a YouTuber can make around $18 per 1,000 ad views, which comes out to $3 to $5 per 1,000 video views. Forbes also estimates that for top talent, a YouTuber can make about $5 for every 1,000 video views.