Ethical behavior can be viewed at a personal level and a corporate level. In business, personal ethics often ties to the agency theory, and at the corporat
1.
Ethical behavior can be viewed at a personal level and a corporate level. In business, personal ethics often ties to the agency theory, and at the corporate level, it ties to corporate social responsibility.
For this discussion forum,
- First, identify one real-life example of personal ethics and one real-life example of corporate social responsibility in the financial field from the last five years (NO Enron or WorldCom examples, as these are too old). The example can be positive or negative.
- Next, explain each ethical example and what might have been done differently, as well as what you learned from the example.
- Finally, select one financial business regulation (e.g., Sarbanes-Oxley Act of 2002, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, etc.) and debate how it does or does not promote ethical behavior. Be specific when describing the regulation. What are other ways to ensure strong ethical business decisions?
200 words, 2 scholarly resources
2.
Your CEO at your present job has just heard you graduated with your MBA. The CEO is both excited and proud of this monumental achievement. They are giving a financial update to stockholders in a few days, but they are stuck on some questions regarding the importance of the Statement of Cash flows. The CEO calls you into their office to congratulate you and to ask for your insight into the importance of cash flows.
For this discussion forum, address the following questions asked by your CEO,
- First, what is the purpose of the statement of cash flows?
- Next, explain the differences between a cash budget and a cash flow statement.
- Finally, explain why the cash flow statement is important to shareholders.
When addressing the questions, please be specific. Answers should be appropriate to the level of audience (CEO).
Your initial response should be a minimum of 200 words and 2 scholarly resources
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