StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

WSJ - Assignment Example

Comments (0) Cite this document
Summary
The accounting policies practiced in such organizations resorts to the system of full disclosure and do not take help of fraudulent…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
WSJ
Read TextPreview

Extract of sample "WSJ"

WSJ Salient issues and stakeholders While discussing the topic of ethical practices, it may be found out that companies work strongly to operate on stringent ethical procedures. The accounting policies practiced in such organizations resorts to the system of full disclosure and do not take help of fraudulent business aspects to gain the views of shareholders. The organizations work strongly complying with several regulatory and legal standards to enhance the ethical dimension of the company’s operations. The board of directors takes issues related to the shareowners and other stakeholders, mainly strategy, risk management and key profiles, very sincerely. In certain cases, companies try to enjoy some sort of relaxation from the government when they ignore the legal regulations. The article provides evidence of few companies that fell under the scanner (Palazzolo, 2012).
Two most important issues
Companies often have to face penalties when caught under the Foreign Corrupt Practices Act. The problem of bribery has spread to every sort of industry. The article provides evidence on the diversity of the problem. The companies have to make arrangements for funds to conduct the investigations. The time requires for the companies to tighten up the control of subsidiaries. The companies have to face financial crunch as the expansion process suffers due to lack of funds. A major proportion of funds are channelized to conduct the investigations; the resultant being dwarf companies. The companies involve themselves in such type of investigations and handover the documents to the government with the hope they might be exempted from the penalties or will be charged with lighter penalties. The companies of the U.S. are leading on the list of companies under bribes case.
To deal with the problem, companies will have to engage themselves in taking some appropriate measures. The anti-bribery policies of the organizations shall provide the guidance on the process of conducting the business in fair fashion. The anti corruption program compliance shall take into consideration the numerous reporting and certification controls on monitoring. The program can encompass a critical education component which can be web based, as well as in-person training. In order to raise the overall awareness, anti bribery audits can be conducted on a periodic basis. Such audits will detect the potential misconducts and any ignorance of the laws of corruption or the policies of the organization. The organization needs to assess all the business units for the associated risks in corruption. The audit can be concentrated on the locations where the probability of risks is higher.
Reasonable solution to each issue
The companies can have a shield which will protect them from the charges imposed for engaging themselves in bribery. The company can assess whether the business is at risk and the level of the risk associated. The anti-bribery policy should contain the procedures that are proportionate to the level of risk and the scope and size of the business. Communication and training of the representatives will increase the awareness of not getting engaged in bribes. Frequent monitoring and review process needs to be conducted.
Works Cited
Palazzolo, Joe. FCPA Inc.: The Business of Bribery. Web. 8th October, 2012. http://online.wsj.com/article/SB10000872396390443862604578028462294611352.html Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“WSJ Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
WSJ Assignment Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/management/1604673-wsj
(WSJ Assignment Example | Topics and Well Written Essays - 500 Words)
WSJ Assignment Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/management/1604673-wsj.
“WSJ Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/management/1604673-wsj.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF WSJ

Behavior modification

4 Pages(1000 words)Essay

Negative and positive symptoms of schizophrenia

2 Pages(500 words)Essay

WSJ Analysis Number 3

...October 17, 2008 MKT 351 MW 12:15 30 WSJ Analysis Citation: Christopher Conkey & Melanie Trottman, “U.S. Probes Off-Road After a String of Accidents”, Wall Street Journal, Tuesday, November 4, 2008. Abstract: Federal investigators look into the safety issues involving the off-road vehicle called the Yamaha Rhino. The vehicle faces numerous lawsuits in both the state, as well as the federal court systems. While Yamaha has sought to settle some of those previous lawsuits before them, they have now taken a stance of gathering together a larger legal body to fight more of the cases, as such changing their course of action. The Consumer Product Safety Commission makes known the primary reasoning behind their...
2 Pages(500 words)Essay

WSJ Analysis Number 3

...October 17, 2008 MKT 351 MW 12:15 30 WSJ Analysis Citation: Ellen Byron & Keith J. Winstein, “Patch Boosts Libido for Some Older Women”, Wall Street Journal, Thursday, November 6, 2008. Abstract: Addition of new patch that shows to have an increase in sexual enjoyment for some older women. Unfortunate possibility of cancer prevents usage of patch by American women for unforeseen time. Major American corporation, Procter & Gamble Co., invests the previous nine years, since 1999, in the hopes of getting federal approval of its patch called Intrinsa that assures a greater sexual enjoyment for those women who use it themselves. Most notably, “The New England Journal of Medicine on Wednesday published a company-run study...
2 Pages(500 words)Essay

WSJ Case Study

...DIVESTMENT Operations in a highly competitive industry require close monitoring and examination of the businessunits to determine their profitability. Chief executives have the duty of becoming answerable to the investors for their returns on investment. McDonald strategic consideration of divesting some business unit has been driven by the need to enhance the company’s performance and boost the sliding sales. Divesting can be defined as a retrenchment strategy that is pursued b the business to downsize their business activities and involves elimination, closing, spinning off, or selling of some units to get rid of the non-performing segment. McDonald decision had been driven by various reasons. First, the low performance... Operations in a...
4 Pages(1000 words)Case Study

How WSJ article relate to Porter's Five Force Model

...WSJ and Porter Five Forces Model Article ‘Red Alert on Russia Is Premature’ by Richard Barley Wall Street Journal A- Despite of falling by 7% against the U.S. dollar in 2013, Russia has not completely vanished from the emerging markets and the red alert on the country is still uncertain (Barley). This paper aims to discuss the aforementioned article from WSJ by relating it with Porter five forces model. B- Analyzing the situation in the article ‘Red Alert on Russia Is Premature’ in terms of Porter five forces. 1- The Industry: Russia is a huge country and has puzzled the investors for this reason and for its confusing history. Russia still has the world’s largest gas reserves and the country is said to...
1 Pages(250 words)Assignment

Wsj article

...Wall Street Journal: NYC building workers vote to ize strike In today’s rapid fire, global economy, insightful business policy and on-target strategy are essential for a corporation’s survival. The WSJ article on NYC building workers strike basically touches on the importance of implementing effective business strategies to achieve potential growth and navigate through highly competitive business environment. Hence, this paper summarizes the article by relating it to chapter thirteen of the book: Business Policy and Strategy, The Art of Competition. According to Babson, Van Deusen and Williamson (19), strategy can never be perfect, flawless and optimal but it should be flexible and pragmatic. The Realty Advisory...
1 Pages(250 words)Article

Pfizer plans to pleasure astrazeneca-WSJ monday 4/28 pgB1

... Pfizer to Pursue Bid for AstraZeneca In the article, “Pfizer to Pursue Bid for AstraZeneca,” Dana Cimilluca and Jonathan D. Rockoff explore Pfizer’s pursuit AstraZeneca, for its U.K competitor on the basis of information from sources close to the two companies. According to the authors, the marriage between Pfizer Inc. (PFE -0.87%) and AstraZeneca (AZN.LN -0.22%) would result into a huge pharmaceutical company worth about $300 billion. The authors report further that the pursuit of the acquisition deal by the New York-based Pfizer Inc. would lead to a deal worth over $100 billion owing to the fact that the market capitalization of AstraZeneca is valued at more than $85 billion. The union between the two companies would yield one... Pfizer to ...
1 Pages(250 words)Book Report/Review

A Letter to the editor in the WSJ

...s P. O. Box Date. The Editor Wall Street Journal 1-800-JOURNAL U.S.A, Dear Sir/Madam, Re: China’s Effect on Economy Globally. The leading journal in China is the Wall Street Journal as it maintains and covers news in the largely foreign media. This is a reaction to the Wall Street Journal by China Real Time dated May, 20, 2014 on Paid Internships in WSJ’s Beijing Bureau (Beijing Bureau 2014). I must congratulate China for doing a commendable job in ensuring that not only China stabilizes economy, but also some other countries globally. This is evidenced in the article of Jason Chow, which states Chinese...
1 Pages(250 words)Essay

Case Analyses: Twitter (WSJ Article)

...Case Analyses: Twitter (WSJ Article) Introduction Twitter is an online social media company which allows users to send one hundred and forty character messages to others via messages popularly known as tweets. The company was discovered in March, 2006 by founders Jack Dorse, Evan Williams, Biz Stone and Noah Glass. Its headquarters is currently located in San Francisco, United States. This paper is a case analysis of WSJ article of twitter. General Problem Statement In spite of the difficult times, twitter as a company is experiencing added challenges as big investors who are responsible for shaping twitter into what it today are selling their shares at a critical time when the company executive’s are...
2 Pages(500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic WSJ for FREE!

Contact Us