Colorado State University WorldCom CEO Fraud Case Discussion

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avy99

Business Finance

Colorado State University

Description

Your consulting services have been requested by the CEO of a large international corporation. The CEO is concerned about ethical issues surrounding corporate governance from a global perspective. A common example may be where a corporate board of directors breached one or more duties, such as the duty of loyalty or care to its shareholders.

There are many other areas where business ethics are at the center of a case that originated at the governance level of an organization: Enron, WorldCom, Martha Stewart, to name a few.

The CEO asks you to conduct research and analyze a similar industry case involving ethical issues surrounding corporate governance from a global position. Briefly describe the facts of the case, the legal issue, and decision of the court. In addition, discuss the effect of the case from a global business perspective, and on society, in general and how the CEO's corporation could prevent such issues in the future.

Your document should be at least 350 words, including the restated questions, must be well written according to the CSU-Global Guide to Writing & APA (Links to an external site.). Finally, be sure to include at least one reference using the CSU Library or other professional and scholarly references.The MGT315 Business Law Library Guide (Links to an external site.)can help you with finding quality resources.

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Running head: CONSULTING SERVICE

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CONSULTING SERVICE
Name
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CONSULTING SERVICE

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CONSULTING SERVICE

Corporate problems that would lead to a loss of loyalty from the shareholders can arise
with the firm, taking deceitful actions. Generally, with loyal shareholders, they are likely to
believe in all reports coming from the company. As a result, it can be challenging to them and
lead to negative consequences to the firm's reputation.
The case of the WorldCom scandal affected the company profoundly after it was
travelled that the management was...


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