... an individualistic approach towards business in the 1990s. Such was the case of Ken Lay, former CEO at Enron, who was convicted of a lack of awareness of the unethical practices that were occurring in his company. Top-level managers, like Madoff and Lay, need to be proactive, constantly operating under a transparent business model, and ensuring, through ... the company's code of ethics and in reporting procedure to ensure that cosmic events, like the Madoff case, are prevented. Recommendations and Lessons Learned Socially responsible accounting, hiring ethically minded workers, a whistle...

• Word Count: 2330
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

... this agenda is environmental reporting. Diego Arria in Time Magazine suggested that in order to flourish in the upcoming millennium, businessmen must take the initiative within their communities by adopting practices of social solidarity and participating in educational programs for the benefit of the least favoured workers. Wheelen & Hunger in the Strategic Management & Business Policy text supports O' Sullivan's ... think. This supports the theory of positive correlation between ethics and business performance as suggested by O' Sullivan earlier. Ilya Adler in Business Mexico 1st Dece...

• Word Count: 2333
• Approx Pages: 9
• Grade Level: Undergraduate