Essays on Personal Gain

The conflict of interest occurs when the director or the manager of the company performs to generate personal gain from the operations of the business. According to the corporate governance codes the conflict of interest happens in every form of business. However, the most important form of business in relation to the conflict of interests is the company because of the involvement of the common public and higher level of funds. Therefore, the corporate governance codes provide the guidelines for the companies to follow to reduce the conflict of interests. (Strier, 2005) The first risky area is the related ...

Question 1 Directors’ Duties

Issue For a business to register as a company it should satisfy the following requirements: a name, one or more shares and shareholders having limited and unlimited liability. Having directors is also a requirement. Once a venture has this, it can go ahead, apply for registration as stated in section 11, and send an application to the registrar. The application must be in a prescribed form and signed by each applicant; this includes the named directors and shareholders. The proposed company’s name and constitution should be included in the application, as stated in section 12. Once the application ...

Cases of fraud usually take place in both huge firms as well as small firms, and in this case, we will focus on Mamtek, which was a small firm. There are various reasons that usually led to cases of fraud in the various firms. Most of the fraud cases usually involve manipulating the various stakeholders for personal gain. Such decisions to commit fraud are usually for personal gains or to achieve performance within short durations rather than following the right procedures which would bring positive results in the long run. Mamtek was a Hong Kong based manufacturing firm that ...

There is a sharp distinction between active and passive euthanasia. The former is the voluntary act of ending life or “mercy killing” while the latter is the cessation of the activities used to prolong a patient’s life. There have been strong debates concerning the moral permissibility of the active euthanasia. In this essay, I will present the arguments put forth by Rachels and Callahan concerning the issue and argue that the active voluntary euthanasia is not morally permissible. In his justification of the active voluntary euthanasia, James Rachels stands that judging from moral grounds active and passive euthanasia ...

Intellectual Property Laws

Intellectual property refers to property that is made out of mental labor. It includes copyright patent, trademark, industrial design mark, and trade jurisdiction is some jurisdiction. Examples of goods that can be categorized as intellectual property are literature, cover music and other artistic works that can be considered as discoveries and inventions and symbols, phrases words and design. All in all, patents protect tangible things’ design, copyright protects the different forms of artistic and written designs and trademark symbols or names that identify the source of a product or service (Stim, 2005). Managers are facing several ethical problems at ...

Introduction

Recently, the problem of corporate crime and ethical misconduct had seriously aggravated. More often ethical misconduct and non-compliance occurs in the field of environmental regulation, health care, securities law, and safety regulations. Nowadays whistleblowing is recognized as a tool of detection and prevention of malpractice and corruption. The motivations of whistleblowers are different including protection of human rights, fairly paly, disclosure of malpractices, human safety, and adherence to laws. Thank to whistleblowers, corruption practices are revealed. Meanwhile, whistleblowers often suffer from the disclosures they initiated because disclosure meets with resistance from the side of corrupted structures. Therefore, whistleblowers ...

Wu-wei is known as actionless action or performing work through non-action of work. Wu Wei is the main Chinese philosophy of Daoism. The principle of Wu Wei states that one should live their life and perform tasks in an impulsive manner and should move with the natural flow of life, not plan and stay in accordance to cosmos called the Dao. It is said that people should not act against the natural order of life and should go with the rhythm of nature.( Fisher, 2004)

One of the concepts of Wu Wei is aimless wandering. This requires experiencing the ...

Human resource happens to be the most vital asset of many organizations in the business arena. Employees are an integral part of an organization because there are the cardinal drivers of policy initiatives, implementers and coordinators of any significant project initiated by an organization. Even in organizations that have programs that are run automatically by machines or computers, there are usually a number of employees required to oversee the project. Human resource is needed to input data or raw materials or collect the final product for distribution. Indeed, it is trite to argue that an organization can exist without any ...

Among the seven recurring ethical problems that Kania and Davis mentioned, I believe that the most damaging to the mission of criminal justice managers is the wrongful pursuit of personal gain. One often hears or reads news about police corruption. Just recently, one heard in the news about the arrest of ten metro officers in Atlanta for accepting thousands of dollars in pay-offs from drug dealers. Apparently, these police officers have been working with a gang for almost a year now and were involved with over 50 cocaine transactions. According to a study by the New York Mollen Commission in 1998, most ...

One of the reported crimes in the world today is identity theft. Identity theft refers to a situation whereby someone steals personal information of another person and uses it without the owner's permission. It is a serious crime, which may cause havoc with individuals reputation, credit history, as well as finances. In most cases, it is complicated to resolve it; hence, demanding patience, money and time to resolve it (Hammond, 2003). There are many ways that an individual can protect his/her identity from being stolen.

These ways include protecting personal information, shopping in secure places, protecting passwords and pin, secure ...

U.S. v. Waldon

The decision in this case is an affirmation of the United States Court of Appeals of the decision rendered by an inferior court concerning the death sentence of the appellant. The defendant sought the reversal of the death penalty passed on him by relying on some irregularities committed by the grand jury. The appellant claimed the trial judge acted contrary to the language used in the Federal Death Penalty Act (FDPA).

Facts of the Case

Waldon was the deputy sheriff at Jacksonville’s Sheriff Office (JSO). Between 1994 and1997 he served on the SWAT team. In April 1197, Waldon was ...

Human trafficking by its very definition is synonymous to slavery. In fact, it is commonly known as modern day slavery. However its definition according to the Victims Trafficking Protection Act of 2000, human trafficking is the enrollment, harboring, transporting, distributing, or getting a human being for work through the use of force, con, or intimidation for the purpose of unintentional labor or slavery. It is a major issue that concerns human health and a crime that cross transnational lines. Human trafficking is often confused with human smuggling that is when a smuggler sneaks a group of people across the border on a financial basis. This ...

Similarities between Torvald Helmer and Nils Krogstad

Torvald is an executive who has received a promotion at his bank where he works with Krogstad. Over the storyline, Torvald admits to have studied with Krogstad in his childhood but they this does not make them friends (Ibsen 2010). In fact, in the play they are portrayed as different identities of men in the society. However, they do have similarities. The first similarity is that the two men have a very shallow view of the society. All their efforts in the play are dictated by how they are viewed in the society. Torvald is a proud representative of the middle-class ...

Introduction Variety is what spices life and people who are heroes or villains make life interesting if not adventurous. People are constantly looking for something new or innovative way of going about the similar old things at their own convenience. Those who have managed to come up with something creative that completely gets everybody going after their inventions achieve massive recognition as heroes. An example of such a hero is Steve Jobs, who will be the topic of discussion here. Steve Jobs Born in 24th February 1955, Steve Jobs grew up as an adopted kid while living with his foster ...

Kant’s theory focuses on the associations between an individual and those around him. More specifically, it seeks to show that morality is based on how an individual chooses to associate with such people. The use of deceit and coercion for purposes of personal gain is immoral. This is because this is an avenue for abuse of these relations and hence use of other’s skills and assistance for personal gain only. However, the theory also acknowledges that it is ethical to associate with others in a truthful and mutually beneficial manner. This requires some degree of honesty about the ...

Monsters have ideally inhibited the world that we live in. They often take the humanlike shape or other forms of visual representation that coincide with the current culture and surroundings. They tell the evil story of a nation politics, culture, nationalism, and surrounding. However, what they often depict as monstrous and revolting is usually a mirroring image of the human society. In the real sense, we not only live in a world that has numerous monsters, but we are often the monsters ourselves. In most occasions, the monsters are created by the society. Anything that stands out from the ordinary and expected ...

Abstract 3

Toxic Leadership 4 Introduction 4 Research Purpose and Questions 5 Research purpose 5 Research questions 6 Literature Review 7 Characteristic and behavior of toxic leaders 8 Effects of toxic leadership 9 Can toxic leaders change? 10 Findings 10 Conclusions 11

References 13

Abstract Toxic leadership in the society has been influential in setting bad precedent for organizations and groups of people. Toxic leaders are led by personal vendetta which seeks to enrich themselves at the expense of their followers. This has led to conflicts among employees as the behavior of ...

Q. What are the "two faces of irresponsibility."? Irresponsibility has two faces and they are willfully inadequate work and unethical activities. Both these faces are representation of diversion of resources of public from demand and preferences fulfillment. By bending programs goals and policy direction from its targeted objectives, in addition to use of information from public organization and personal gain derived from access of key people are both sides of failure or irresponsibility.

Q. What are two weaknesses of ethics laws?

Weaknesses of Ethics Law are: General conditions are addressed but they lack in case of specific situations. Thus, law interpretation for specific situations ...

Introduction

JPMorgan Chase Bank was opened in 1799 as the Bank of Manhattan. Currently, the bank has spread its operations in almost all the corners of the world (85 countries to be specific) and employs a staff of approximately 260,965. It has more than five thousand one hundred branches and sixteen thousand one hundred ATMs nationwide. Chase currently has $2.509 trillion assets. JPMorgan Chase Bank is one of the oldest, biggest and most popular financial institutions all over the world. Its legacy dates back to the year 1799 when the earliest predecessor of the bank was chartered in the ...

Business and Society

Citation: New York Times, February 4, 2012, Website. Facts: The cause of the conflict between the Occupy Oakland protesters and the police is due to police misconduct, the use of excessive force and concealment of name badges. This group of protesters has originated in Oakland California. The main cause of the protest had originated from the acts of the Oakland police which are in violation of their sworn duties and policies enforced by the police agencies (Walter & Glantz,“Occupy Protesters Stretch the Police, Leaving Parts of Oakland Underserved”). The first occupation was brought about by the death of ...

20-8: A Question of Ethics New Orleans Paddlewheels, Inc. (NOP), is a Louisiana corporation formed in 1982, when James Smith, Sr., and Warren Reuther were its only shareholders, with each holding 50 percent of the stock. NOP is part of a sprawling enterprise of tourism and hospitality companies in New Orleans. The positions on the board of each company were split equally between the Smith and Reuther families. At Smith’s request, his son James Smith, Jr. (JES), became involved in the businesses. In 1999, NOP’s board elected JES as president, in charge of day-to-day operations, and Reuther as chief ...

-3: Title VII Violations. Discuss fully whether either of the following actions would constitute a violation of Title VII of the 1964 Civil Rights Act, as amended. 1. Tennington, Inc., is a consulting firm and has ten employees. These employees travel on consulting jobs in seven states. Tennington has an employment record of hiring only white males.

2. Novo Films, Inc., is making a film about Africa and needs to employ approximately one hundred extras for this picture. To hire these extras, Novo advertises in all major newspapers in

Southern California. The ad states that only African Americans need apply.

In this case, since Novo Films, Inc. is intending to make a film ...

Corporate Social Responsibility and the Porgera Gold Mine

Introduction

More than often, many companies seek to maintain a high level of corporate social responsibility as a way of attaining sustainable growth for the future. More so, the companies who undertake corporate social responsibility acknowledge that their operations involve its employees and communities who surround its operations (Vallaster, Lindgreen & Maon, 2012. As a result, corporate social responsibility is viewed as a companies’ ability to incorporate its responsibility into the society it operates in as it seeks to develop appropriate approach towards economic, environmental and social problems'. It therefore remains relevant for businesses to assess the impact of the operations on the ...

Risky Situations

Note three types of sensitive information involved with each situation. Then, note three ways each information item could be misused or harmed. For each of these, note at least one likely finding that you would include in a risk analysis report of the organization. Finally, answer the questions at the end of the table.

Situation 1 – Online Banking System

Information Affected Potential Harm (Risk) Likely Finding in Risk Analysis Report Customer details

Unauthorized access Terminal unauthorized access to customer account information and details.

Alteration of customer details Hackers gained unauthorized access and altered customer details and information

Copying of customer ...

Law

Essay on Ethic in Criminal Justice Administration

Introduction

In a professional environment ethics defines professionalism which is vital in any operating organization. It is normally practiced in all companies and even setting their own standards of ethics through series of policies and procedures that needs to be observed within the company premises and time. But some individual often cross the boundaries of rules of ethics making them violators within the organization. Ethics is a control mechanism which regulates how the people within the organization should behave in order to maintain smooth operation. Ethics is also known as the philosophy of absolute morality, it is a study of differentiating ...

In his book-length essay The Rebel famous French author and philosopher Albert Camus mainly deals with one of the most characteristic and disturbing incongruities of the 20th century which, as we are all well aware of, became even more distinct in the period after Camus’s death; namely, the strange combination of the civil rights movements rising across the world and, simultaneously, the emergence of a great number of totalitarian regimes performing unspeakable atrocities in the name of humanism, greater good, better future for the entire mankind and so on. According to him, it doesn’t mean that the ...

Question 1

According to the corporations act 2001 (cth), section 249H subsection 1 a valid notice of a meeting of a meeting of shareholders should be at least 21 days. The only exception to this rule is when all the members of the company agree beforehand for a shorter notice or when members of the company who have 95% of the voting power or more agree beforehand on the issue of a notice shorter than 21 days. The company issued a notice of seven days, which is less than the legal requirement by 14 days. The annual general meeting of the Sparx Ltd was therefore not valid ...