Wednesday, August 28, 2013

Liability and Punishment for CEO's - Ethical Considerations

In today?s world, psyche operating officer?s of major corporations or organizations numeral in tremendous pressure on them to meet expectations and succeed. They ar answerable for making the toughest decisions that affect numerous the great unwashed. chief executive officer?s much struggle with decisions because personal successes and ethical motive confront each(prenominal) other. Normative ethical motive are important for CEO?s because their actions have an work on concourse?s lives. Recently, WorldCom CEO Bernard Ebbers was sentenced to tuck in for 25 years because a gore command that he was accountable for an 11 billion one dollar bill accountancy fraud. His actions caused his cooperation to go bankrupt, which was at the time the largest bankruptcy miscue in U.S. history (Lazarus, 2005). Ebbers claimed he did not know what was dismissal on, and others were to diabolic because he further delegated tasks. Many mountain mazed their jobs, many lost any of their savings tied to WorldCom stocks, and millions of people were alter by the actions that he do. His decisions were strictly financial decisions and they appeared to be in his best come to only. The question then becomes, was Ebbers unresistant and did he deserve to go to jail? Some would say he made a business error and it stop up hurting his career, tho jail was too harsh. Ebbers deserve to go to jail and merit to be punished for his unethical decisions.
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Ebbers deserved to go to jail because he egocentricly chose to exploit the rights, and turn out the consequences of the people he was going to affect. He had a traffic to protect the contractual rights of his shareholders and partners. He intentionally deceived these people for selfish reasons and essentially steal from them. Ebbers actions illustrated he knew what was right and vituperate and he knowingly made decisions that would hurt more people than help. As the Chief Executive... If you deprivation to get a honorable essay, ball club it on our website: Orderessay

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