Procomp Discussion

1.What were the key factors leading to the un honest business practices at Procomp? - elaborate unmatchable: racy store indemnity inducement (Pressure from the company) - thither were high motivation or pressure from the control panel of directors to the employees by introducing stock bonus plan as the incentive scheme in the company. This practice will likely to scram the unethical practices due(p) to high pressure from the employment and the opportunity for the employees ad hominem relieve oneself such as high stock bonus incentive. - Factor two: lack of independence in Procomps venire.- legion(predicate) of board members had arm length relationship with Yeh, including her family and close friends. referable to lack of independence in board members, thither could be a rationalization for them to hide unethical sorts if the expression go through for the company. Also company did not have an internal scoop out stock committee. When the internal control is weak then there atomic number 18 higher possibilities to have unethical business practices due to dodge or mis incorporate. 2. Why was there no pennywhistle blower account in the Procomp causal agent? What atomic number 18 the problems or ethical concerns in whistle blowing?

- Lack of independence among the board members: Since most of the board members ar family or close friends of Yeh, there were more wiretap of not reporting the unethical practices when there were unethical behavior unless the behavior is not affecting their personal profit. Also, since the board members are all in the arm length relationsh ip with Yeh, the whistle blower would not p! rotected from anyone by reporting the unethical concerns. When the whistle blower does not protected by any of focal point level within the company, no one would like to take an curtain raising to report the unethical practice and launch themselves into the risk of losing their job. - The ethical concerns in whistleblowing is that other people seen whistleblower as bum since whistleblower could damage their company and prepare all the employees in to the risky situation of losing their...If you want to need a broad(a) essay, order it on our website: BestEssayCheap.com

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