Unit VIII Journal
Unit II Template
Log into the Columbia Southern University Online Library, and select an article of a high-profile event that discusses how the failure of ethical leadership impacted the company. Use this two-page template to complete the assignment. Be sure to complete all tasks outlined on both pages below.
Provide the following information.
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1. Name of the article
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Meeting or beating analyst expectations in the post-scandal world: changes in stock market rewards and managerial actions. |
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2. URL of the article
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https://onlinelibrary.wiley.com/doi/abs/10.1506/car.25.4.5 |
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3. Name of company involved in the article
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Enron |
Briefly explain each of the following regarding the article (one paragraph for each).
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Explain the corporate culture and/or governance of the company or business organization.
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When the leaders create a culture which is not based on ethics the company is likely to experience scandals due to corruption in the company. Enron experienced a scandal because the management was not keen on complying to regulations and ethics. This is a culture which after it is created it continues to grow and spreads to the employees. |
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Explain the failure(s) of ethical leadership in the company that led to the event.
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There was fraud in the financial reporting. Systems which were designed to protect the investors failed to do so |
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Discuss how the failure might have been avoided.
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If the company had complied with regulations, reporting would have been done ethically. |