Business Ethics: Adelphia Scandal

Along with the transformation of the 21st century, Adelphia Communications Corporation appears to be on a direct path to success; their investors and the general public have noticed that they are actually in the way to direct destruction I do not know. Unfortunately, Adelphia is not the first big company to lose the trust of American citizens in American business history, but it is certainly one of the most remarkable companies. As the events surrounding the Adelphia scandal gathered the public's attention, many media broadcast the destruction and distrust of the masses there, and many people wondered if the word "business ethics" really exists.

Following Enron, Adelphia, Tyco and other attracting corporate scandals, these scandals indicate that ethical breaches can pose a serious and costly risk to corporate growth or development. As evidenced by Kozlowski, Swartz, Belnick, the collapse of integrity hinders hundreds of thousands to cover additional costs such as lawsuits, fines, declining corporate reputation, subsequent customer confidence, sales and damage It costs as much as dollars or billions of dollars. Control process

The dilemma of ethical counseling in counseling is an important topic in today's business for just good reasons. Let's look at the headline: Rajat Gupta scandal, Anil Kumar and Rajaratnam scandal, Enron, Worldcom, Southern Health, Great Depression, financial crisis due to unethical behavior by banks, and so on. All of these incidents are directly or indirectly related to consultants. The reason why they happened was the moral mistake of some of them. Morality is a very suitable value ... she experienced a big moral dilemma. WorldCom was a very successful company until the middle of the 2000s when the telecommunications industry entered a long recession. The company's earnings are not Wall Street's expectations, but there are unpaid invoices. Vinson's job is to solve the problem by doing wrong accounting practices. The moral dilemma is the result of the weather that she should or should not do or it did or did not do it.