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Essay / Unethical Behavior Case Study - 543
Dealing with Unethical PracticesAccording to Michael, even after recent corruption scandals within business organizations have caused regulators to complicate matters in approaching the situation by adding more laws and regulations, little attention has been paid to how the nature, and not the content of the new rules, may or may not affect the ethical decision-making processMichael - These signs make Very difficult is the argument that regulators did not have appropriate laws and regulations to prove that organizations and individuals were involved in unethical activities. behavior. Furthermore, the high number of guilty pleas and settlements that were reached suggests that either the defendants understood the difference between right and wrong and chose to act unethically, or that their attorneys knew that their chances of convincing the jury to the contrary were very slim. Michael - Despite the many rules that existed, regulators responded to the business scandals by passing the Sarbanes-Oxley Act of 2002. The law set new standards improved for all US public companies....