The hold Companies Add Ethics Training; Will It border, written by Richard B. Schmitt for the Wall Street Journal is a look at the morals moderateing programs in open at some large companies. Schmitt uses specific companies as examples, video display the programs they use to help keep their business practices estimable. alike discussed be companies that had ethics standards in maneuver yet lock 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 bar unethical practices from taking place. Â Â Â Â Â Â Â Â 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 code, 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 earth relations due to the wellness concerns of cigarettes Mr. Greenberg would like to see Phillip Morris get hold the publics trust. Â Â Â Â Â Â Â Â 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 alliance down.
Arthur Anderson the auditing firm for Enron was convicted of obstructing justice, by destroying docume! nts having to do with their audits of Enron. Tycos headsman compliancy officer was indicted on charges of falsifying records in order to cutis more than 14 million dollars. Â Â Â Â Â Â Â Â Due to these scandals many companies are now hiring outside agencies to train employees on ethical behaviors. one such company The Legal Knowledge Co. provides all oer 150 courses online, and has contracts to train more than 4 million muckle worldwide. Even with ethics programs... If you want to get a estimable essay, order it on our website:
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