CHECK THESE SAMPLES OF Identifying and Describing the Ethical Issue. Worldcom
In other words it is the process of identifying, measuring, handling and communicating the financial information about different economic entities for being used by the concerned parties.... The globalisation regime has brought about many changes to the corporate landscape.... Intense amount of competition amongst the rival brands and companies is one such change which has benefitted the consumers in general....
14 Pages
(3500 words)
Essay
The case of worldcom The concept of evolution of worldcom as a company happened in the year 1983 in Mississippi.... After some years the company was renamed as worldcom.... Firms may window-dress the financial statements in order to show a rosy picture of their accounts....
9 Pages
(2250 words)
Essay
When the company merged with Advantage Companies, Inc, the company's name became LDDS worldcom in 1995.... In April 14, 2003, the name of the company was… 1
A lot of companies were bought by worldcom in the past.... The companies that were merged with worldcom were Advanced Communications Corp.... worldcom also acquired the mother company of Digex – the Intermedia Communications and sold all of its intermedia's non-Digex assets to Allegiance Telecom....
5 Pages
(1250 words)
Essay
The ability to respond to the needs of the customer by identifying them is the most important strength of Enron.... In such a case the author describes Enron's Financial Position.... the whole exercise of analyzing the statements becomes useless.... Window-dressing is also done to forecast a better picture to shareholders, bankers, and financial institutions....
5 Pages
(1250 words)
Case Study
These unethical issues and different management techniques recommended to improve the corporate governance of worldcom would be outlined in this essay "worldcom".... These unethical issues and different management techniques recommended to improve the corporate governance of worldcom would be outlined in this essay (Backover 2002; Crawford 2005).... It is believed generally that because of these practices of integration worldcom was successfully able to hide its practices....
7 Pages
(1750 words)
Essay
A good example that demonstrates a failure of corporate governance at this early age of the century is the worldcom case that this research aims at analyzing and recommending possible remedial measures that can assist in restoring ethical behavior in the corporations.... nbsp; Upon the disclosure of massive accounting irregularities, worldcom, which was the second biggest telecommunication company in the world, filed for insolvency in the summer of 2002 in the federal court of Manhattan....
9 Pages
(2250 words)
Research Paper
Impact of the ethical problem The fraud that led to the bankruptcy of WorldCom affected the behavior and the lives of individuals and the community that the industry operated.... The essay "Business Ethics of worldcom" analyzes the facts that relate to business ethics challenge in worldcom.... The issue that is also to be discussed is the important events in the industry that worldcom operated and the effects that the company brought to its competitors and to the labor market....
3 Pages
(750 words)
Essay
The paper 'Success of worldcom' presents worldcom which appeared to be a great success story.... In October 1999, worldcom attempted to purchase Sprint in a stock buyout for $129 billion in stock and debt.... worldcom's 2002 has been a horror story with accounting scandals, SEC investigations, the resignation of CEO Bernard Ebbers, possible bankruptcy, and a stock that is worth less than a payphone call.... n June 2002, the Securities and Exchange Commission (SEC) lawyers filed civil fraud charges against worldcom for what would later be estimated at over $9 billion worth of accounting errors....
9 Pages
(2250 words)
Case Study