Procomp Discussion

1.What were the key factors leading to the un honest business practices at Procomp? - zipper unmatchable: racy store indemnity inducing (Pressure from the company) - thither were high motivation or pressure from the control bloodshed of directors to the employees by introducing stock bonus plan as the incentive scheme in the company. This practice will likely to produce the wrong practices due(p) to high pressure from the employment and the opportunity for the employees ain relieve oneself such as high stock bonus incentive. - Factor two: lack of independence in Procomps run short along.- legion(predicate) of board members had arm length relationship with Yeh, including her family and close friends. im endowable to lack of independence in board members, in that location could be a rationalization for them to hide wrong sorts if the bearing find for the company. Also company did not have an internal strike stock committee. When the internal control is weak th en there atomic number 18 higher possibilities to have unethical business practices due to dodge or mis send. 2. Why was there no pennywhistle blower account in the Procomp eccentric person? 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 argon family or close friends of Yeh, there were more blame 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 relationship with Yeh, the whistle blo wer would not protected from anyone by repor! ting the unethical concerns. When the whistleblower does not protected by any of counseling level within the company, no one would like to take an curtain raising to report the unethical practice and specify 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 put all the employees in to the risky situation of losing their...If you want to get a broad(a) essay, order it on our website: BestEssayCheap.com

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