Unethical Behavior Case Study

543 Words2 Pages

Dealing with unethical practices According to Michael – even after the recent corrupted scandals within business organizations resulting in regulators making things more complicated by addressing the situation by adding more laws and regulations, little attention has been given to how the nature, and not the substance of new rules may or may not affect the ethical decision-making process Michael - These signs make it very tough to argue that regulators lacked the appropriate statutes and regulations to prove that organizations and individuals were involved in unethical behavior. Furthermore, the high number of guilty pleas and settlements that were made, suggests that either the defendants new the difference between right and wrong and they chose to act in an unethical behavior or that their lawyers knew that their chances of convincing the jury to the contrary were very minimal. Michael - Even with the many rules that existed, regulators responded the business scandals by passing the Sarbanes-Oxley Act of 2002. The act set new and improved standards for all U.S. public compani...

Open Document