mgt

Your presentations must address ALL of the issues listed below.

1. What happened?

2. Were criminal charges brought? If so, what were the charges? Was anyone convicted?

3. Were the parties involved sued civilly? If not, are such suits likely in the future? What theories were or would be used to enable persons who suffered damages as a result of the conduct involved in the case to recover?

4. Did the participants in the case follow good business practices? In other words, did they make money? Does the business organization still exist?

5. Using the models discussed in class, was the situation resolved in a way that was consistent with good business ethics?

 Please use 12-point, Times New Roman font. Your paper should be double-spaced, with one inch margins. This assignment is a maximum of two pages. This means you may submit no more than two one-sided sheets or one double-sided sheet.

Using two models: Blanchard/peale and Front-Page-of-the-Newspaper Test

Case information

https://www.investopedia.com/articles/investing/081315/toshibas-accounting-scandal-how-it-happened.asp

Resolving Ethical Dilemmas:

Blanchard/Peale

1. Is it legal?

2. Is it balanced?

3. How does it make me feel?

Front-Page-of-the-Newspaper Test

"Contemplating any business act, an employee should ask himself whether he would be willing to see it immediately described by an informed and critical reporter on the front page of his local paper, there to be read by his spouse, children and friends. At Salomon we simply want no part of any activities that pass legal tests but that we, as citizens, would find offensive."

Warren E. Buffett

Chairman, Salomon, Inc.

"If we were making that decision now in light of the press scrutiny we have been receiving, we probably would not have taken that risk."

Robert C. Winters

Chairman, Prudential Insurance