Roy Moore BUS 340 October 28, 2012 Emily Ryan Analyzing Ethical Behavior Moral ethics is a truly important factor in the corporate knowledge domain and is bargonly as equally important when finances are involved. bounteous corporations should always characterize their employees as having good ethical motive and set that have the companys best interest at feeling 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 leave alone 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 investiture Securities and former professorship of NASDAQ, deceived many investors out of millions of dollars, by having them withdraw that he was a renowned financial consultant (Bernard L. Madoff investiture Securities, 2010). Im sure B ernie Madoff, who was one of the biggest corporate scam artist was not thinking at all that he would get caught, possibly feeling like he was untouchable. Bernie had people investing into Madoffs bilk 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 break a lot of people as well as a lot of organizations causing some to be leave penurious and some organizations to close their doors or file bankrupt. unconstipated though Madoffs team of lawyers asked for a sente nce of 7 years, the justice refused and in ! return Madoff was sentenced to 150 years in the federal official correctional Institution Butner Medium in North Carolina and a goodly fine which totals in nearly $170 one thousand million dollars. posterior in 2001, the Enron scandal was unveiled. Enron corporation was a goose egg 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 plash and...If you compliments to get a full essay, order it on our website:
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