What are potential risks to the public and to stakeholders

Assignment Help Accounting Basics
Reference no: EM132753560

Question: Financial executives insist that there should be no separation between an individual's personal ethics and his or her business ethics. "It's a jungle out there" and "business is business" should not be excuses for engaging in unethical behavior. Many firms have ethics codes which are based on economically rational concepts such as integrity and trustworthiness, which guide the decision maker in attempting to increase shareholder wealth. Of course, some employees sometimes choose to not comply with their firm's ethics code.

How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees? What are potential risks to the public and to stakeholders? Please explain how Saint Leo's core value of integrity is reflected in your answer.

Reference no: EM132753560

Questions Cloud

What are some of the resources that families can use : What are some of the resources that families and individuals can use to reach their financial goals? Why is it important to take stock of these resources.
What amount is payable to the tax authorities : Lucia purchases goods for $170,640, excluding sales tax, and sells goods for E230,520, including sales tax. What amount is payable to the tax authorities.
Estimate the var and cvar of the pg call option : Use the Monte Carlo simulation approach to estimate the VaR and CVaR of the PG call option using the following parameters
Discuss the effects of your own enculturation : Identify the informal fallacies, assumptions, and biases involved in manipulative appeals and abuses of language and Create written work utilizing the concepts
What are potential risks to the public and to stakeholders : How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees?
What is the present value of the tax shields : Avco is investing $200 million in a new project. To finance this investment the company will issue $200 million of new debt in the form of a 7-year bond.
What is the annual carrying costs of post card inventory : Post Card Depot, an large retailer of post cards, orders 6,498,446 post cards per year from its manufacturer. Post Card Depot plans on ordering post card.
Discuss two ways your self and social awareness skill : Discuss two ways your self and social awareness skill could help you obtain or be successful in the position and Discuss two ways your communication skill
Calculate the annual depreciation on the truck : Calculate the annual depreciation on the truck for the year ended 30th June 2020 and prepare the adjusting journal entry for depreciation.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Regis company payroll register showed

On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees earned $ 22,760 of office salaries and $ 65,840 of sales salaries.

  What measures would like to see herb-o-lario undertake

Calculate the company's financial ratios. What measures would you like to see Herb-O-Lario undertake (if any) to improve its financial performance?

  Does the teller receiving the money for deposit

Recall a trip to the bank. Does the teller receiving the money for deposit take the money to bookkeeping and record the deposit? Why not?

  Calculate the sara share of the profit

Required - Using the data given above, calculate the Sara, Sania and Samra share of the profit and pass the necessary journal entry

  Prepare any necessary adjusting journal entries indicated

Prepare a bank reconciliation for the El Gato checking account at December 31, 2011.

  Calculate the balance in retained earnings

Stockholders' Equity section of a balance sheet - Calculate the balance in Retained earnings at June 30, 2010. Use a T-account to show your calculations

  What amount is Tyler required to include in his gross income

Upon Caleb's death, Tyler receives the proceeds of $25,000. As a result, what amount is Tyler required to include in his gross income

  What is the price of the job to the customer

If the cost of a renovation job include permits ($500). The contractor wants to make a 25% markup. What is the price of the job to the customer

  Birch company normally produces and sells 37000 units of

birch company normally produces and sells 37000 units of rg-6 each month. rg-6 is a small electrical relay used as a

  What the amount of allowance for bad debt as of december

If the estimate of uncollectible is made by taking 10% of gross accounts receivable, the amount of allowance for bad debt as of December 31, 2016 is?

  Calculate the amount lionel can deduct for interest on loans

Calculate the amount Lionel can deduct for interest on higher education loans. Lionel's AGI before deducting interest on higher education loans is $71,000

  What are the adoption credits for both years

The adoption is finalized in 2018. There is no phase-out of the adoption credit. What are the adoption credits for both 2017 and 2018, respectively

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd