Ethics in corporate america
This presentation is the property of its rightful owner.
Sponsored Links
1 / 29

Ethics in Corporate America PowerPoint PPT Presentation


  • 122 Views
  • Uploaded on
  • Presentation posted in: General

Ethics in Corporate America. By: Katie, Catherine, Alexander, Emery, and Michael. Unethical Workplace Romance. What is Workplace Romance?. Unethical Romance. Effects on the Workplace Include: Loss of interest Misunderstandings Misguided decision-making Tension Division. The McCourt’s.

Download Presentation

Ethics in Corporate America

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Ethics in corporate america

Ethics in Corporate America

By: Katie, Catherine, Alexander, Emery, and Michael


Unethical workplace romance

Unethical Workplace Romance


What is workplace romance

What is Workplace Romance?


Unethical romance

Unethical Romance

Effects on the Workplace Include:

  • Loss of interest

  • Misunderstandings

  • Misguided decision-making

  • Tension

  • Division


The mccourt s

The McCourt’s


Jamie mccourt

Jamie McCourt

-Accused of affair with her driver

-Fired as CEO of Dodgers

-Over $20 million in legal costs


Frank mccourt

Frank McCourt

Paid $130 million in settlement costs to keep ownership of Dodgers

Gave three properties (estimated $50 million value) to Jamie in settlement

Forced by MLB to sell the Dodgers this Spring in order to cover incurred debts


The dodgers

The Dodgers

-Negative press

-Loss of sales

-Cuts in team salary

-Inability to sign free agents

-Inability to resign players

-Turmoil in front office


Ethics advertising

Ethics & Advertising

  • Ethics in advertising impacts both the consumer and the company


A case study airborne

A Case Study: Airborne

  • Dietary Supplement

  • Created by a School Teacher

  • Claimed it was a “Miracle Cold Buster”

  • Said to “Get Rid of Colds in 1 Hour”

  • Company had no Credible Evidence to Support it’s Claims


Consequences

Consequences

  • Class Act Law Suit of $23.3 Million

  • Reputation


What they could have done

What They Could Have Done

Establish their credibility by:

- Creating a Credo

-Making a Company Code of Conduct

Like....


Enron the cost of cleverness

Enron: The Cost of Cleverness


Background

Background

  • Merger of pipeline companies (1985)

  • Deregulation of electrical power markets

  • Shift from “energy delivery” to “energy broker”

  • Increased volatility of natural gas prices


Special purpose vehicles

Special Purpose Vehicles

  • Pseudo-partnerships

  • Exaggerate earnings and hide debt

  • Conflicts of interest


Culture

Culture

  • “Win-at-all costs”

  • “Rank and yank”


Top down ethics

Top-down Ethics

  • Attention

  • Reaction to crisis

  • Role modeling

  • Allocation of rewards

  • Criteria of selection and dismissal


The blackwater scandal

The Blackwater Scandal


March 31 2004

March 31, 2004

  • 4 Blackwater USA security personnel were escorting 3 flatbed trucks to pick up kitchen supplies for the US Army.

  • They had no mission prep time, rear gunners, map of the area, or heavy machine guns. They road in unarmored SUVs.

  • Once in Fallujah, their convoy came to a halt in heavy traffic. There the two SUVs were ambushed from behind. Because they had no rear gunner and no heavy machine guns, they did not see the ambush coming and were left to defend themselves with only their M4s.


Ethics in corporate america

Videos and pictures of the aftermath led to what is now referred to as the First Battle for Fallujah, a movement led by the US Army and Marines to retake the city.

The intensity of the siege and the number of Iraqi civilians killed led to building resentment against US troops, who did not distinguish between soldiers and civilian security contractors.


Ethics in corporate america

Part of the bridge where the burnt bodies of the four Blackwater guards were hung after US Marines retook the bridge.


Conclusion

Conclusion

  • When Blackwater tried to hide documents pertaining to the mission, the family members of those killed finally sued Blackwater for the documents.

  • Blackwater tried to say that the documents were classified by the government when they were not.

  • As a result of this incident Blackwater has lost many of their contracts and have changed their name several times to distance themselves from the incident.


Sweatshops

Sweatshops


Sweatshops1

Sweatshops

  • Harsh Environments

    -Blocked Fire exits

    -Unsanitary Bathrooms

  • Harassments

  • Low payment

  • Armed Guards

  • Human trafficking

  • Long hours


Ethics in corporate america

GAP


Consequences1

Consequences

  • Bad public image

  • Court settlements and legal fees

  • Public uproar


Work cited

Work Cited

http://www.ktla.com/news/landing/ktla-dodger-mccourt-divorce,0,998425.story

http://www.cnbc.com/id/45132985/11_Costly_Sports_Divorces?slide=2

http://articles.latimes.com/2011/oct/17/sports/la-sp-1017-mccourt-divorce-settlement-20111017

http://www.jstor.org/stable/4150568?http://www.jstor.org/stable/pdfplus/25077346.pdf?acceptTC=true

<http://abcnews.go.com/‌Health/‌ColdFlu/‌story?id=4380374&page=1#.Ty2UYHOLEXz>.

<http://www.cspinet.org/‌new/‌200803032.html>.

<http://www.jnj.com/ connect/>.

<http://online.barrons.com/article/SB122065360919305361.html?mod=b_hps_9_0001_b_this_weeks_magazine_home_top#article Tabs_article%3D1>.

http://www.businesspundit.com/the-15-most-notorious-sweatshops-of all-time/

http://annares.wordpress.com/2010/03/31/digital-sweatshops/

http://binoarealuyo.com/2010/05/life-in-a-chinatown-sweatshop/

http://zero-drop.com/?tag=nike-sweatshop

http://www.lilith-ezine.com/articles/fashion/GAP-Sweatshops.html

End to End Consulting. GE's Vitality Curve. Digital image. The Organisation as an Organism. End to End Consulting, 2007. Web. 8 Feb. 2012.

Healy, Paul M. and Krishna G. Palepu. "The Fall of Enron.” Journal of Economic Perspectives (2003): 3-26. Document.

Sims, Ronald R. and Johannes Brinkmann. "Enron Ethics (Or: Culture Matters More than Codes)." Journal of Business Ethics (2003): 243-256. Document.


  • Login