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Essay / Research Paper Abstract
An 8 page paper discussing awareness and use of ethics and critical thinking in arriving at ethical business decisions. As the face of all American business underwent monumental change in the 1970s and 1980s, it appears to be poised to undergo still another wave of change in the form of greater attention to corporate ethical behavior. The purpose here is to investigate the origins of ethics; whether ethical behavior can be taught; and why today’s businesses so often seem to seek positive business results only for short-term gains. Bibliography lists 13 sources.
Page Count:
8 pages (~225 words per page)
File: CC6_KSbusEthicsTBL.rtf
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Unformatted sample text from the term paper:
all American business underwent monumental change in the 1970s and 1980s, it appears to be poised to undergo still another wave of change in the form of greater attention to
corporate ethical behavior. The purpose here is to investigate the origins of ethics; whether ethical behavior can be taught; and why todays businesses so often seem to seek positive
business results only for short-term gains. Pressure to Perform As Securities and Exchange Commission (SEC) head, Arthur Levitt told a conference gathered to
discuss corporate governance that "No market has divine right to investors capital." Investors must be able to make rational decisions to invest in a company, based on the financial
results reported, industry conditions and other factors. Of the mix, only the historical results are quantitative. The others constitute knowledge of markets and trends combined with the very
scientific "knack" of choosing good stocks. Before the scandals at Enron, Worldcom, Tyco and others, quarterly results constituted the primary point guiding most
investors investment decisions. As competition only continues to intensify, organizations are dependent on investors capital as never before. They strive to achieve positive quarterly performance to retain investors
favorable opinion and thereby preserve the market capitalization available to them through stock market activity. Positive quarterly results still carries a too-significant weight,
the only difference being that investors are far less confident in reported numbers than before the corporate scandals that rolled out one right after another during the past two years.
Around the world, sales are down and short-term forecasts call only for more of the same. Businesses are more dependent on their market capitalization than they have been
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