Analysis of Companies Add Ethics Training; Will...

The hold Companies Add Ethics Training; Will It happen upon, written by Richard B. Schmitt for the Wall Street Journal is a look at the moral philosophy aiming programs in devote at some large companies. Schmitt uses specific companies as examples, flick display the programs they use to help keep their business practices estimable. excessively discussed be companies that had morals standards in slur yet soundless did non comply with them, and the results of these unethical business practices. As well as what businesses atomic number 18 doing in vow to foresee unethical practices from taking place.         The new Sarbanes-Oxley act requires companies to adopt ethics programs, if a guild has an ethics program in place and is convicted of a crime, they be eligible for reduced sentences. Phillip Morriss ethics officer David Greenberg has been runway their ethics program since 2001 and is currently mechanical drawing their conduct c ode, he has also hired outside contractors to train all Phillip Morris employees on ethics. After the court battles they have fought in recent historic period along with bad all overt relations due to the wellness concerns of cigarettes Mr. Greenberg would like to see Phillip Morris recruit the publics trust.         Also discussed in the article was the Enron, Arthur Anderson, and Tyco scandals. Enron which had an ethics program in place decided to quake its ethics code in order to create partnerships which in the long run brought the confederacy down.

Arthur Anderson the auditing f irm for Enron was convicted of obstructing ! justice, by destroying documents having to do with their audits of Enron. Tycos headsman deference officer was indicted on charges of falsifying records in order to insure more than 14 million dollars.         Due to these scandals many companies are now hiring outside agencies to train employees on ethical behaviors. one(a) such company The Legal Knowledge Co. provides all over 150 courses online, and has contracts to train more than 4 million hoi polloi worldwide. Even with ethics programs... If you want to get a in force(p) essay, order it on our website: OrderCustomPaper.com

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