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Saturday, September 7, 2013

Dq8

What new and innovative mechanisms , laws or conventions could corporeal the States jell in place to address the integrated misconduct that we lots reckon in the passwordThe law already makes the board of directors probable to the merged the States to insure that their officers ar acting in a legal and prudent manner while lead their haemorrhoid . One method of insuring that the board of directors ar compelled to check on the mysterious activities of their corporate officers is to make use of the internet . If corporate America would anticipate that all corporations should make their important affair minutes such as work biddings won or study sales forthcoming for public viewing through the internet , then we are given an automatic busy of eyes watching at them . The public records should provide the reasons why the bids were chosen or the reason behind the sales . So that for the corporate misconduct that we often find in the parole like the Boeing scandals involving Boeing Chief Financial Officer Mike Sears and Darleen Druyun , contribute acquisitions officer at the Air Force . Druyun said at her sentencing hearing in 2004 that said she favored Boeing on multiple contracts because of favors granted by the comp any(prenominal) , including hiring her daughter and son-in-law (Gates Mundy , 2006 . Corporate America can compel the board of directors to investigate officers involved in misconducts or face legal sanctions themselves . The officers in turn are liable to run their corporation legally and in a prudent manner . The Sears and Druyun Boeng scandal led to jail equipment accident for Mike Sears and Darleen Druyun . If the major transactions of Boeing were made public by means of the internet , then in that respect is a big hazard that a handful of people vex detected su ch an anomalousness prior to it becoming a b! ig difficulty .
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Sears and Druyun would also be prevented from doing such anomaly knowing that there is a possibility that people are looking at their transactions Can you think of any protective practices that the corporation could include to better protect against shoddy and destructive cable practices of bad corporate officersOne effective practice is transparency across all members of the corporations , from board of directors , corporate officers , employees to shareholders . A corporation should require transparency , meaning all major blood line decisions and transactions made by corporate officers are made available to all members of the guild with proper interpretation of pur pose and reasons . transparency eventually promotes honesty and prevents destructive business practices of bad corporate officersReferencesGates , D Mundy , A (2006 . Boeing lawyer warns of company s legal risk of exposure . Retrieved on April 24 , 2007 from the SeattleTimes online wind vane site : HYPERLINK http /seattletimes .nwsource .com /hypertext markup language /businesstechnology /_boe ing31 .html http /seattletimes .nwsource .com /html /businesstechnology /_boei ng31 .htmlThe module8notes .pdf was used as the main(prenominal) reference...If you inadequacy to get a full essay, order it on our website: OrderEssay.net

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