企业伦理学（原书第5版） 课件 第10章　公司治理与会计实务中的伦理决策.pptx

ChapterTen:EthicalDecisionMaking:CorporateGovernance,Accounting,andFinanceCopyright?2021McGraw-HillEducation.Allrightsreserved.NoreproductionordistributionwithoutthepriorwrittenconsentofMcGraw-HillEducation.

ChapterObjectives1Afterreadingthischapter,youwillbeableto:Explaintheroleofaccountantsandotherprofessionalsasgatekeepers.Describehowconflictsofinterestcanariseforbusinessprofessionals.OutlinetherequirementsoftheSarbanes-OxleyAct.DescribetheCOSOframework.Definethecontrolenvironmentandthemeansbywhichethicsandculturecanimpactthatenvironment.Discussthelegalobligationsofamemberofaboardofdirectors.

ChapterObjectives2Explaintheethicalobligationsofamemberofaboardofdirectors.Highlightconflictsofinterestinfinancialmarketsanddiscussthewaysinwhichtheymaybealleviated.Describeconflictsofinterestingovernancecreatedbyexcessiveexecutivecompensation.Defineinsidertradingandevaluateitspotentialforunethicalbehavior.

EthicalDecisionMaking1Itastoundsmehowlittleseniormanagementgetsabasictruth:Ifclientsdon’ttrustyou,theywilleventuallystopdoingbusinesswithyou.Itdoesn’tmatterhowsmartyouare. GregSmith,“WhyIamLeavingGoldmanSachs,”TheNewYorkTimes,March14,2012

Introduction1Thescandalsoftheearly2000sinvolvedfundamentalquestionsofcorporategovernanceandresponsibility.Therewerearashofproblemsassociatedwiththefinancialmeltdownin2007to2008.Ethicsinthegovernanceandfinancialarenasisnowthemostvisibleissueinbusinessethics.

Introduction2Analystscontendthatcorruptionisevidenceofacompletefailureincorporategovernancestructures.Corporategovernance:Thestructurebywhichcorporationsaremanaged,directed,andcontrolledtowardtheobjectivesoffairness,accountability,andtransparency.Thestructuresgenerallywilldeterminetherelationshipbetweentheboardofdir