Corporate America today is falling apart because of lack of ethical values and standards. And this serious absence of morality in business has resulted in complete collapse of some major corporations in the United States and has also give birth to acute public mistrust. The government has thus implemented new accounting regulations to bring an end to corporate corruption in the country. I strongly support these regulations because I firmly believe that absence of laws in connection with accounting practices was largely responsible for current crisis in corporate America. President Bush has also promised to impose long prison terms for corrupt executives along with careful scrutiny of all accounting practices currently being followed by large corporations. These regulations will certainly go a long way in introducing positive changes in business practices. But it would be naive to assume that these changes will appear within a short period of time. Corporations…...
Virtual Training in Corporate America
Dynamics
Organizational Selection
The Geography of Virtual Training
The Virtual Training Campus
Quality/Effectiveness of Virtual Training
Computers have revolutionized almost every aspect of the modern world. Communication is now expected to be instant and global, and with this, comes the expectations of the modern employee and organization. The Internet, for instance, offers a way to reach out globally to communicate, share data, develop concepts, and train. The idea of virtual training, for instance, allows training to occur on almost any subject regardless of the location of the trainer or learner. It can be adapted to fit almost any environment, and provides both a huge cost-savings to the organization, as well as a way to both ensure viability and similarity in content and relevance and insertion of new information.
Our study consists of two basic approaches to the question of virtual training, honed for clarity to the efficacy of virtual training for new…...
mlaReferences
Retain Your Customers in a Down Economy. (2009, March). Retrieved from EDS Viewpoint Paper: http://www.allantgroup.com/pdf/WhitePaper-RetainYourCustomersinaDownEconomy.pdf
The Next Generation of Training. (2011, December). Retrieved from 3gselling.com: http://www.3gselling.com/resources/whitepaper_the_next_generation_of_training.html
Bullock, C., & Tucker-Klein, J. (2010, June). Virtual Work Environments in the Post-Recession Era. Retrieved from Brandman.edu: http://www.brandman.edu/pdf/virtual_teams_brandman_forrester_white_paper.pdf
Cardinale, M. (2012, June). Sports and Fitness Science - Virtual Training. Retrieved from Marcocardinale.blogspot.com: http://marcocardinale.blogspot.com/2009_12_01_archive.html
Walt Disney Case Studies
Why has Chiquita not been successful in changing industry norms?
There are numerous reasons why Chiquita has not attained success in changing industry norms. Firstly, it has not received enough recognition for doing so. Its efforts to combat childhood obesity, unfair labor practices, and negative environmental impacts have failed to yield any sort of significant reward. Were it publicly lauded and regarded as a company that prioritizes corporate social responsiblity, it might be able to influence other companies in its industry to adopt these same practices. However, its corporate social responsibility actions are simply not publicized enough to make any sort of impact on its competitors. The other capital reason why this company has failed to alter social norms is because its competitors have not adopted its measures. In fact, avoiding them enables Chiquita's competitors to lower costs and increase productivity, without receiving any sort of boycotts or…...
mlaReferences
Ansellem, C. (2002). Crimes and corruption at the Walt Disney Company. / Retrieved from /en/2002/06/1681.shtmlhttp://india.indymedia.org
Schweizer, P. (1998). Disney: The mouse betrayed: greed, corruption and children at risk. New York: Regnery Publishing.
YOUR TEXTBOOK WITH THE CASE STUDIES.
"hen Congress returned in 1934 to complete the federal disclosure tapestry, it created express private causes of action for misleading reports filed with the Securities and Exchange Commission (SEC) as part of the newly enacted continuous disclosure requirements, (3) provided private recoveries for market manipulation, (4) and authorized suits on behalf of reporting companies for short-swing profits garnered by certain insiders (Cox, Thomas, and Kiku, 2003)."
The creation of the SEC as a government body for oversight arose out a recognition by the courts that private action was not enough to protect investors and consumers from the materially misleading representations of corporate America (Cox, Thomas, and Kiku, 2003). Since its creation, however, the numerous laws and regulations that have come to frame the world of corporate governance have exceeded the limits of manageable governance. By the time the SEC has identified a problem, pursued investigation of the corporate representations of public…...
mlaWORKS CITED
Anderson, Jonas V. 2008. Regulating Corporations the American Way: Why Exhaustive Rules and Just Deserts Are the Mainstay of U.S. Corporate Governance. Duke Law Journal 57, no. 4: 1081+. Database online. Available from Questia,
It should not be treated as a separate exercise undertaken to meet regulatory requirements." (ICA, 29) Here is expressed a philosophical impetus that drives the focus of this research, that such compliance which will generally concern matters such as corporate accounting, the practice of internal oversight and the practice of financial transaction must be considered inextricable from other aspects of practical, procedural and legal operation in terms of its relevance and necessity.
Chapter 3-Practice
The practice of corporate governance may perhaps best be understand from the perspective that deregulation has largely defined the processes and direction of the global economy across the two decades following the Cold ar and its inevitable opening of economic channels. This is because in practice, corporate governance is a concept which has suffered much neglect. To the point, the statistics availed by organizations such as the orld Bank and the International Monetary Fund illustrate that there…...
mlaWorks Cited:
Aguilera, R.V. & Yip, G.S. (2004). Corporate Governance and Globalization:
Toward an Actor Centred Institutional Analysis. University of Illinois: College
of Business. Online at .
ASB. (1999). Reporting Financial Performance. Financial Reporting Council. Online at
Like many of the great charismatic military leaders of the past such as Alexander the Great (Bristol 204) or General George S. Patton (Rosenback & Taylor 223; Rost 72), Gibson and Blackwell report that Kelleher is not afraid to get down in the trenches with his "troops" and endure the same types of challenges that his employees typically encounter on their jobs. Kelleher is also well-known for his insistence on allowing his employees to identify appropriate solutions to the problems with which they are most familiar, just as George Patton was fond of saying, "Never tell people how to do things, tell them what to do and they will surprise you with their ingenuity" (Valle 1999:245). In addition, both Alexander the Great and General Patton were famous for leading their troops into battle and for being willing to suffer the same types of deprivations and make the same personal sacrifices…...
mlaWorks Cited
Blackwell, Charles W. And Jane Whitney Gibson. (1999). "Flying High with Herb Kelleher: A Profile in Charismatic Leadership." Journal of Leadership Studies 120.
Blackwell, Charles W., Jane Whitney Gibson and John C. Hannon. (1998). "Charismatic Leadership: The Hidden Controversy." Journal of Leadership Studies, 5(4):11.
Bristol, Michael D. (2001). "Charismatic Authority in Early Modern English Tragedy." Shakespeare Studies, 203.
Chaganti, Rajeswararao and Hugh Sherman. Corporate Governance and the Timeliness of Change: Reorientation in 100 American Firms. Westport, CT: Quorum Books, 1998.
America- Democracy or Plutocracy?
The United States of America is often hailed as the first and greatest modern democracy in the world. Most Americans believe that the United States is the example the rest of the world should emulate, and that it offers its citizens the power to make decisions through its free and fair elections. Yet at the same time, others say that the United States of America has ceased to be a democracy and instead become a plutocracy. A plutocracy is a state that is ruled by the wealthiest people, rather than by free and fair elections in which all citizens have an equal voice. Recent political developments have caused fear from those who believe the United States is moving toward plutocracy, but at the same time, other equally important developments have shown that it remains, at least for the time being, a democracy.
Although the United States has a…...
mlaWorks Cited
"The Court's Blow to Democracy." Editorial. The New York Times. January 21, 2010. Web. April 26, 2011.
"Health Care Reform." The New York Times. . March 4, 2011. Web. April 27, 2011.
Rolnik, Guy. "Warren Buffet: The U.S. is moving toward plutocracy." TheMarker.com. March 4, 2011. Web. April 27, 2011.
Tremblay, Rodrigue. "The United States of Corporate America: From Democracy to Plutocracy." Global Research Canada. January 22, 2010. Web. April 26, 2011.
Market Forces on Corporate Values
In corporate settings, corporate values are today being affected by market forces relating to diversity and changes in demographics in America.
Employers have begun to recognize the need to address the new face of the workplace and the new diversity caused by the shift in demographics.
They have made strides to diversify the workplace and make the new demographics of their business place work just as well, if not better, than before. Part of the reason they have done so is because if they do not do so, it would affect their bottom line.
One of example of the new complexity of the workforce is that today's workers are much more diverse in age than in years past.
Workers in a company not only span the range from late teens to post-retirement age, but in many cases, executives at the same level in the company may span wide ranges…...
Managed care and utilization review (U) play an integral part in patient care and reimbursement (Mahmoud, E and ice, G, 1998). Scott echoes it experts Brian P. Bloomfield, od Coombs, David Knights, and Dale Littler (2000), who say:
IT system enjoys what one might call a special relationship with esource Management. Its role as depicted in the review is one centred on the improvements and furtherance of a 'balanced' dialogue between doctors and managers. A corollary of this is that it must be neutral politically speaking (see Bloomfield 1995). Thus the review authorizes the introduction of the new it system by subordinating it to the cause of dialogue between doctors and managers. The review represents the information requirements of hospital doctors and management and thereby portrays the it system as fulfilling a preexisting need. The narrative structure here is founded on the discovery of a state of readiness on the…...
mlaReferences
http://www.questiaschool.com/PM.qst?a=o&d=79104775
Bloomfield, B.P., Coombs, R., Knights, D., & Littler, D. (Eds.). (2000). Information Technology and Organizations: Strategies, Networks, and Integration. Oxford: Oxford University Press. Retrieved October 16, 2008, from Questia database:
Corporate Social Action of McDonald's and the Problem of Obesity
Corporate Social Responsibility
This paper proposes a corporate social action to McDonald's to address the issue of obesity among general consumers which is caused by high-calorie and spicy fast foods. The paper starts by highlight some research studies which explain how fast foods cause obesity among children and adults, and proceeds by discussing why McDonald's should take an initiative to remove this criticism by the local and international community. The paper also highlights the strategies to implement this action plan, the intended outcomes and affected stakeholders, the constituent parts of the plan, and unintended consequences or weaknesses of this initiative by the company.
The Social Problem:
Obesity is one of the major issues in health care. It gives rise to various heart diseases, diabetes, and other health related consequences (orld Heart Federation). A number of research studies have been conducted by international health care…...
mlaWorks Cited
Benloulou, Jonathan. "Pelman v. McDonald's: An In-depth Case Study of a Fast Food -- Obesity Lawsuit," 2005. Print.
Environmental Action, "Marching against McDonalds," ProQuest Central, 1993: 25 (3). p-10.
Lu-sted, Marcia, Amidon. Obesity & food policing, 1st Edition. Edina, Minn.: ABDO Pub. Co., 2008. Print.
McBride, Sarah. "Currents: Exiling the Happy Meal; Los Angeles Lawmakers Want to Escalate the War on Obesity (and Fast Food)." Wall Street Journal, 22nd July, 2008: A.14. ProQuest. Web. May 11th, 2013.
America's Cuban Conundrum
The Helms-Burton Act and the Cuban-American Trade Relations
The United States and Cuba have had increased amounts of hostility toward each other present in their relations ever since the Cuban revolution. Not only did Cuba nationalize property held by U.S. interests during the revolution, but also Cuba became an ally to Russia during the Cold ar; which was critical to the Soviet strategy since Cuba is in close proximity to the U.S. Both actions consequently undermined the stated values of the American free-market system in regards to America's corporate holdings in the country. This tension has furthermore been manifested by blatantly vocal opposition on both sides of the dispute. In this paper such ongoing tension will be illustrated by one of the most timely and extreme examples of hostility in foreign relations as well as propose an avenue for future trade arrangements.
Cuban Pretexts for Military Action
In 1991 a group…...
mlaWorks Cited
Alejandre, A., & Costa, C. (1999, September 29). Human Rights Library. Retrieved January 29, 2010, from University of Minnesota: http://www1.umn.edu/humanrts/cases/86-99.html
Brothers to the Resue. (2010, January 29). Background and Information. Retrieved January 29, 2010, from hermanos.org: http://www.hermanos.org/Background%20and%20Information.htm
Canadian Senate. (1996). 45 Elizabeth II. Retrieved January 29, 2010, from House Publications: http://www2.parl.gc.ca/HousePublications/Publication.aspx?pub=bill&doc=C-54&parl=35&ses=2&language=E&File=16
Snow, A. (2010, October 26). Cuba embargo: UN vote urges U.S. To lift embargo. Retrieved January 29, 2010, from The Christian Science Monitor: http://www.csmonitor.com/World/Latest-News-Wires/2010/1026/Cuba-embargo-UN-vote-urges-U.S.-to-lift-embargo
Corporate Mergers and the Public Good
The United States of America, during the last years of the Nineteenth Century, witnessed a rash of corporate mergers. The Industrial Revolution had taken firm hold, and the nation was changing rapidly. Millions of Americans who had once been independent farmers or tradesmen now found themselves in the position of what some termed "wage slaves." At the mercy of their corporate employers, they worked long hours at low pay, and often under appalling conditions. The reasons for the merger mania of this period are many and complex, as are its effects upon the population as a whole. In breaking down the traditional vocational environment, the gigantic new conglomerates also transformed the entire social landscape. ork was no longer a family business shared by all generations. Communities no longer clung together for mutual protection and aid. Suddenly, the citizen of this new world was out on…...
mlaWorks Cited
Applebaum, Herbert. The American Work Ethic and the Changing WorkForce: An Historical Perspective. Westport, CT: Greenwood Press, 1998.
Aronowitz, Stanley. False Promises: The Shaping of American Working Class Consciousness. New York: McGraw-Hill, 1992.
Atack, Jeremy. (1985). "Industrial Structure and the Emergence of the Modern Industrial Corporation" Explorations in Economic History 22, 48.
Champlin, Dell P., and Janet T. Knoedler. "Corporations, Workers and the Public Interest." Journal of Economic Issues 37.2 (2003): 305+.
Corporate Governance
As some queries about corporate governance were there ever since 1932 - the period of erle and Means, the expression of the concept of Corporate Governance was not found in English vocabulary until 25 years ago. However, in the previous two decades, matters relating to corporate governance have gained importance in academic literature as well as in public policy deliberations. Corporate governance came to be acknowledged as being synonymous with takeovers, financial restructuring, and activities of institutional investor's during this part of the era. Corporate Governance is now at a turning point. Several budding and up-coming economies that are on the path of development have identified by now that excellent corporate governance is vital for sustainable economic development. Furthermore, a lot are on the lookout for a novel or appropriate standard for making it relevant for their particular internal situation. (erle and Means, 1932)
The last ten years has seen…...
mlaBibliography
Berle, A; G. Means (1932) "The modern corporation and private property" Macmillan, NewYork. pp.54-58
Hart, O. (1995). "Firms, contracts and financial structure" Clarendon Press, Oxford. pp.32-36
Jensen, M and Meckling, W. (1976). "Theory of the firm: Managerial Behavior, Agency Costs and Ownership Structure" Journal of Financial Economics, Volume. 3.pp. 305-360
Shleifer, Andrei; Vishny, Robert W. (1997) "A Survey of Corporate Governance," Journal of Finance Volume. 52. pp. 737-83.
Additionally, it has been observed that whenever companies implement strategies of CS, they do this not out of individual choice and desire, but as a result of imposed legislations. "All of these decisions are made under the mandatory legal rules embodied in employment and labor law, workplace safety law, environmental law, consumer protection law, and pension law. Such rules, because they often apply to all businesses, are not susceptible to easy evasion through choice of form. As a result, those charged with governing a corporation find their decision tree considerably trimmed and their discretion decidedly diminished by mandatory legal rules enacted in the name of protecting stakeholders" (Winkler, 2005). In other words, the modern day evolutions of corporate social responsibility "caution against a rush to declare the ultimate triumph of shareholder primacy" (Winkler, 2005).
As a direct result of this changing legislation, more companies have commenced corporate social responsibility programs. In…...
mlaReferences:
Akerstrom, a., 2009, Corporate governance and social responsibility: Johnson & Johnson, GRIN Verlag, ISBN 364045605X
Boyd, C., 2003, Human resource management and occupational health and safety, Routledge, ISBN 0415265908
Conley, J.M., Williams, C.A., 2005, Engage, embed and embellish: theory vs. practice in the corporate social responsibility movement, Journal of Corporation Law, Vol. 31, No. 1
Greenwald, R., 2005, Wal-Mart: the high costs of low price (documentary available on DVD)
Both proposals were consequently amended and eventually accepted by the SEC.
The audit committee makes sure that the books aren't being cooked and that shareholders are properly informed of the financial status of the firm. Characteristically, the audit committee advocates the CPA firm that will audit the company's books, appraises the activities of the company's independent accountants and internal auditors, and reviews the company's internal control systems and its accounting and financial reporting requirements and practices. The compensation committee usually does the following: (1) recommends the selection of the CEO, (2) reviews and approves the appointment of officers who report directly to the CEO, (3) reviews and approves the compensation of the CEO and the managers reporting to the CEO, and (4) administers the stock compensation and other incentive plans. The suggested committee establishes experience for potential directors (Lunnie, 2007; pg. 90). It also puts collectively a list of candidates…...
Eminent Domain and Private Economic Projects
Historical Shift
Eminent domain, the government's power to acquire private property for public use, was traditionally exercised solely for government-led projects, such as roads, parks, and public utilities. However, in recent decades, the scope of eminent domain has expanded to include private economic projects.
Reasons for the Shift
Several factors have contributed to this shift:
Economic development: Governments have increasingly viewed private investment as a catalyst for economic growth and job creation. Eminent domain allows them to acquire land at market value for projects that are deemed to serve the public good.
Blight removal: Private developers often argue....
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