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Organization and Management : Ethics of the CEO's - COM ITC506

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Charles Sturt University

   

Information Technology Ethics (COM ITC506)

   

Added on  2020-03-02

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COM ITC506 - The document is based on Organization and Management : Ethics of the CEOs. The paper mainly focuses on the CEO's and the economic history of the United States, so CEO's from other countries are difficult to judge on the basis of these findings. The authors mentioned that they initiated the study based on the ‘previous findings.

Organization and Management : Ethics of the CEO's - COM ITC506

   

Charles Sturt University

   

Information Technology Ethics (COM ITC506)

   Added on 2020-03-02

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Running head: ORGANIZATION AND MANAGEMENTOrganization and Management: Ethics of the CEOsStudent NameUniversity nameAuthor Name
Organization and Management : Ethics of the CEO's - COM ITC506_1
ORGANIZATION AND MANAGEMENT1.The authors are proposing that the ethics of CEOs depends on their background,specifically on the time when they are growing to become a business professional. Theyoung age plays significant role in their career decisions. The economic state of that timeinfluences their future career as well. For example the CEOs who grew duringdepression, become extra careful about their professional and personal finances TheCEOs who entered their adulthood during economic boom tend to be more confident andthey take riskier financial decisions. The authors are suggesting that their prosperous timeoften lead them to engage in ethical misconducts (Bianchi & Mohliver, 2017). CEOs seeopportunity to expand their business more and increase unethical practice to achieve thatas the havoc profit helps them to hide those practices. Like the practice of backdating washugely applied by many CEOs during the early twenty first century (Cragg, 2015). Byinvestigating the selected CEOs’ educational history and the time when they are gettingtheir degrees the authors came to a conclusion. They found out that the CEOs of bettereconomic time tend to practice backdating more than the CEOs who received academicdegrees during worse economic times. 2.The essay is based on only one specific investigation; rest of the discussion is based onthe authors’ assumption. Also a specific duration of time represents a specific group ofCEOs, not all CEOs can be represented by that. The paper mainly focuses on the CEOsand the economic history of the United States, so CEOs from other countries are difficultto judge on the basis of these findings. The authors mentioned that they initiated the studybased on the ‘previous findings’. However the previous findings are neither discussed indetail or with proper data or sources nor are they supported by established facts. So it willbe difficult for the readers to analyze the study neutrally and logically. The similar
Organization and Management : Ethics of the CEO's - COM ITC506_2
ORGANIZATION AND MANAGEMENTmethod the authors applied when they are critiquing the CEOs practice of backdating.They followed a procedures developed by some scholars, which scholars or what theprocedure that is never disclosed. Also backdating is just one of the many unethicalpractices by the CEOs in the organizational culture. 3.The authors adopted a mixed research method while constructing the report. Themaximum part of the paper is based on qualitative research where they collectedinformation for various sources and developed few theories. Based on the qualitativeresearch they developed their quantitative research. The data analysis is in descriptiveform. They conducted a survey on 2012 CEOs for 10 year regarding their practice ofbackdating (Bianchi & Mohliver, 2017). They analyzed the data they collected in thesurvey and came to a conclusion. 4.Following are the main findings of the article:1.The prosperity and wealth of a specific time has immense effect of people’s lives.They play significantly in the young phase of the business professionals. 2.Each period of time with its own economic characteristic has different effect on theyoung business professional aspirants who will become future CEOs. 3.The national and security condition during the economic downtimes shape thebusiness professional to be extra careful about their financeChand & Tung, 2014). 4.The people who grew during great economic period tend to adapt and apply riskyfinancial methods. 5.The economic history of The United States demonstrates a patter where the negativeimpact on the business professional of a positive time is evident.
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