Bernard Ebbers

The following assignment will cover my views in the fount of Bernard Ebbers and if he should of should not have gone to jail for his actions/ indebtedness as the CEO. Ethical decision making is becoming more than important in the conscience-focused business world. WorldCom became one of the worlds largest long-distance skirt services. With Bernard Ebbers running the gift, the corporate giant went from groin Street Hero to Wall Street disappointment because of un estimable decisions. Bernard Ebbers denied involvement and was rightfully sentenced to 25 years in jail. In the case of WorldCom, a national company that had provided long-distance telephone services, it was hard to determine where the problem begins. Financial reports were falsely created, unfit accounting practices were found, and securities fraud was prevalent throughout the corporations top executives. CEOs must take responsibility for their actions. They need to show some backbone and demonstrate long-range vision for their actions that bear upon more than just themselves. It seems most CEOs main defense is I dont know anything about what happened defense. Its standardised pleading guilty to a lesser offense and creation accused of incompetence is better than jails time.

If a CEO is seen as simply incompetent, they might escape prison time. People go to jail for being a crook. The antics of for WorldCom Chief Executive officer Bernard Ebbers highlight the subjugateward spiral of Americas economic, cultural and political mores and the need to make business decisions with an awareness of ethical ramifications. It seems that WorldCom used a liberal interpretation of generally legitimate accounting practices when preparing financial statements. It had appeared that profits were increasing and WorldCom would write down in one quarter millions of dollars in assets it acquired. Meanwhile it include in this charge against earnings the cost of company expenses evaluate in the future. The results of these... If you want to get a full essay, run it on our website: Ordercustompaper.com

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