Tuesday, June 11, 2019
Human Resource Management Essay Example | Topics and Well Written Essays - 2000 words
Human Resource Management - Essay ExampleFlanagan was the firms vice chairman in the corporate offices of Chicago (Blitstein 2008). t everyy to the article, Flanagan, repeatedly lied about his trading in annual written certifications (Blitstein 2008). Ive made a research on the literature related to employment ethics and came to the conclusion that employees in all firms need to follow the ethical rules set by their organization, as these rules are aligned with the laws regulating trade and commerce. In the particularised case, Deloitte had failed in identifying early the violation of championship ethics by its vice president moreover, it seems that this failure has been a common phenomenon for the specific organization, meaning especially the problems in the firms audits in 2009 and 2010, as identified by the Public Company Accounting Oversight circuit card (PCAOB) (Lynch and Byrnes 2011). In accordance with particle (2000, p.67) employees need to be loyal to their company how ever, this loyalty has limits. ... It is implied that the activities of employees within organizations need to be lawful and that no violation of law in the context of business activity is permitted. In accordance with a survey developed in 1990, a high percentage of organizations, about 90%, tend to develop a corporate code of ethics (Trevino and Weaver 2003). In this context it would be expected that the phenomena of corporate fraud would be limited worldwide. The case of Deloitte, as of other well-known firms, such as Enron, revealed that the rules of corporate code of ethics are often ignored within modern organizations. I decided to explore all aspects of the Deloittes case, meaning its problems related to business ethics, in order to identify the failure of the organization to promote business ethics among its employees was these failure related to specific employees or to the organizations strategic framework? Log Entry 2 February 15, 2012 At a first point, Deloittes practic es in regard to the engage of fraud in the internal organizational environment can be considered as quite ineffective. In accordance with the firms website, the Board has a key role in overseeing the organization and ensuring that it operates in the best interests of its shareholders (Deloitte, The role of the board, 2012). It is further explained, that the Board has the power to develop a regular control on the firms value drivers and set the firms targets, including the systems required for monitoring managers accountability (Deloitte, The role of the board, 2012) the above powers are part of the Boards responsibility to check the level at which the corporate governance rule are applied (Deloitte, The role of the board, 2012). In other words, the firms Board is primarily
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