代写论文:道德挑战

代写论文:道德挑战

Sarbanes Oxley SOX 2002是美国通过的一项立法,旨在保护股东和公众免受企业欺诈性会计惯例的影响,并确保与所有利益相关者相关的所有财务细节均作为财务披露发布(Li et al。,2008; Coates,2007)。该行为也遵循非常严格的遵从指导方针。 SOX的背景突出了上升的道德挑战。 SOX是在安然,世界通信和泰科等高知名度丑闻之后通过财务和会计来管理企业的。在诸如安然这样的公司的财务方面,一些像Fastow这样的高级管理人员参与了高市场估值。高市场估值夸大了股票价值,并为投资者提供了积极的情况。这是企图阻止安然崩溃(Silverstein,2013; Coates,2007)。

代写论文:道德挑战
由于像安然这样的贸易公司有着不稳定的收益,所以市场估值并不高,但法斯托与安然公司建立了合作关系,仅仅为了与安然公司进行经营和业务往来,这些努力成功地为投资者呈现了积极的景象(Silverstein,2013)。投资者被错误地输入市场估值信息,其次,法斯托设立的合作伙伴利润丰厚,而投资者被欺诈。金融专业人士认为的一些关键道德挑战是贪婪地保留他们的工作情况和公司,即使以向投资者呈现欺诈图像为代价。金融行业的人员彼此之间有专业的,法律的和道德的责任,但这并非像Enron,WorldCom和Tyco这样的公司,这些都是员工必须克服的道德挑战(Coates,2007)。

代写论文:道德挑战

The Sarbanes Oxley SOX 2002 was a legislation passed in the United States to protect shareholders and the public from fraudulent accounting practices of enterprises and to ensure all financial details as relevant to all the stakeholders were published as financial disclosures (Li et al., 2008; Coates, 2007). The act was administered with very strong guidelines for compliance as well. The background of the SOX highlights the ethical challenges that rose. The SOX was enacted to regulate enterprises in their finance and accounting after high profile scandals such as the Enron, WorldCom and Tyco. In the financial side of the corporations such as the Enron, some of the top executives, such as Fastow were involved in high market valuations. High market valuations inflated the stock value and presented a positive picture to investors. This was an attempt to stop Enron from collapsing (Silverstein, 2013; Coates, 2007).

代写论文:道德挑战
Since trading companies like Enron have volatile earnings, the high market valuation was not possible, but Fastow set up partnerships solely for operating and doing business with Enron and by these attempts managed to present a positive picture to investors (Silverstein, 2013). The investors were being fed wrong information about market valuation and secondly, the partnerships that Fastow set up were earning lucratively, while the investors were being fraud. Some of the key ethical challenges that are perceived for financial professionals are greed to retain their work situation and company even at the cost of presenting a fraudulent picture to investors. People of the financial industry have a professional, legal and ethical responsibility to one another, but this was not kept in the case of companies like Enron, WorldCom and Tyco and these are some ethical challenges that employees must overcome (Coates, 2007).