Essays Tagged: "Bernard Ebbers"
Ethics in Accounting
s, and who enforces them. As we see influential people convicted in the news such as WorldCom's CEO Bernard Ebbers ( Diana p.24) and Martha Stewart it brings to mind the accountability and ethic of th ...
Subjects: Businesss Research Papers > Accounting
You have been asked to write a report for a group of new stock brokers about the American Stock Exchange and the NASDAQ.
buy and sell prices. Once a price is agreed upon, the transaction is executed electronically.While Bernard Ebbers was the CEO of WorldCom, the organization acquired MCI in 1998. Shortly after the tel ... and stock in the new MCI Company. The previous stockholders' stock was valueless.On March 15, 2005 Bernard Ebbers was found guilty of all charges and convicted on fraud, conspiracy and filing false d ...
Subjects: Social Science Essays > Economics > Rates & Indexes
Accounting Irregularities at WorldCom and Arthur Andersen…No More: What Went Wrong?
as well as Formal and Material points.Case 5 & 6 History :Accounting Irregularities at WorldComBernard J. (Bernie) Ebbers from the beginning "was a man who believed in himself and his company" a ... and prosperity wouldensure a rapid burnout of this strategy.At World Com, management including CEO Bernard Ebbers and CEO Scott Sullivan were involved in unlawful financial reporting activities of th ...
Subjects: Businesss Research Papers > Case Studies
Liability and Punishment for CEO's - Ethical Considerations
for CEO’s because their actions have an effect on people’s lives. Recently, WorldCom CEO Bernard Ebbers was sentenced to jail for 25 years because a jury ruled that he was responsible for a ... ey go to jail. Ebbers knew what he was doing was illegal and wrong, when he did it, he went to jail.Bernard Ebbers actions were criminal because he knew what the kind of consequences he would be creat ...
Subjects: Businesss Research Papers
Management Planning Paper
at became World Com was thought up in 1983, in a coffee shop in Hattiesburg, Mississippi, by Bernie Ebbers (Moberg, 2003). The company grew quickly through acquisitions and mergers. In June 1999, the ... ew quickly through acquisitions and mergers. In June 1999, the company's shares traded for $64, and Ebbers was a billionaire (Moberg, 2003). Unfortunately in 2002, World Com was caught in an accountin ...
Subjects: Businesss Research Papers > Management > Management Planning & Decision Making
WorldCom Fraud
IntroductionWorldCom was put together by Founder Bernard Ebbers. It rapidly grew using mergers and acquisitions. The small group WorldCom acquired MC ... Enron Change the Rules? Bloomberg Law Reports - Corporate Governance, July 2005, p. 1, 8-11. (with Bernard S. Black and Brian Cheffins)Cynthia Cooper (2008). Extraordinary Circumstances: The Journey ...
Subjects: Businesss Research Papers > Management
Examining A Business Failure
l act but during the trail it was made know that he was not knowledgeable of the fraudulent acts of Ebbers and Sullivan (Scharff, M. M., 2005).One can understand an organization wants to grow. Every o ... ects us but also those around us and even those near and dear to us. This is something Sullivan and Ebbers did not think about when they decided to commit fraud.Management, Leadership, and Organizatio ...
Subjects: Businesss Research Papers > Case Studies
Management Planning
erve the corrupt procedures of the high level management (Chang, 2003). Chief executive of WorldCom Bernard Ebbers had free control over company decisions and policies. Because the WorldCom board was ...
Subjects: Businesss Research Papers > Management
Management Planning
erve the corrupt procedures of the high level management (Chang, 2003). Chief executive of WorldCom Bernard Ebbers had free control over company decisions and policies. Because the WorldCom board was ...
Subjects: Businesss Research Papers