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Identify the ethical and legal issues of which Gerard needs to be aware

Identify the ethical and legal issues of which Gerard needs to be aware

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Resolving Ethical Business Challenges: Gerard
Read “Resolving Ethical Business Challenges” in Chapter 7 of your text, and then address the following points.  Support your response with evidence from the text.

Identify the ethical and legal issues of which Gerard needs to be aware.

Discuss the advantages and disadvantages of each decision Gerard has made and could make.

Discuss the issues of accounting firms going into the financial services market.

Discuss the types of groups that are influencing Gerard.

Guided Response:
Review several of your classmates’ postings.  Respond to at least two classmates by sharing how you might decide to move forward if you were George.  Support your decision with evidence from the text or other external sources.

Federal Compliance Law
Listen to a podcast of Linda Thomsen, former director of enforcement at the Securities and Exchange Commission:  How Sarbanes-Oxley has affected corporate culture. Discuss how the Sarbanes–Oxley Act has changed corporate culture.  A transcript of the podcast is also available through the URL.

Expand on how the Sarbanes–Oxley Act impacts organizational culture and why federal oversight like this is needed. 

Additionally, Linda Thomsen mentions in the podcast that she expects further misconduct to occur.  Why do you think this type of misconduct continues despite these regulatory laws? 

Required Resources

Required Text

Read the following chapter from Business Ethics & Social Responsibility:

Chapter 7: Organizational Factors: The Role of Ethical Culture and Relationships


National Public Radio (2005, May 31). How Sarbanes-Oxley has affected corporate culture. [Audio File and Transcript] Retrieved from http://www.npr.org/templates/story/story.php?storyId=4673074

Recommended Resources


(2012, March 13). Daniel Goleman explains emotional intelligence[Video File]. Retrieved from http://www.youtube.com/watch?v=NeJ3FF1yFyc

(2008, August 11).Social intelligence and leadership [Video File].  Retrieved from http://www.youtube.com/watch?v=7Qv0o1oh9f4


…………………………Answer preview……………………..

This case study describes various ethical and legal issues that Gerald should put in mind. First, the ethical issue concerning the claims of his wife’s pregnancy is an issue to be considered. Second, the fact that there is only one income in their home because of his wife’s pregnancy leave is another ethical issue that Gerard needs to be aware…………………….


452 words

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