Influence Of Organizational Behavior On Accounting...

Article #2 Abstract. The article reviewed was The Influence of Roles and Organizational Fit on Accounting Professionals’ Perceptions of their Firms’ Ethical Environment. The key of the abstract is to emphasize the influence of organizational behavior on accounting professionals and their ethical behavior (p. 125). Introduction. The authors study reasons of potential discrepancies between leaders and non-leaders of accounting firms. The firm’s ethical norms directly influence the behavior of its members. The researchers state that it is important to identify and understand the factors that affect ethical norms in the organization (p. 125). The firm’s leaders should play a meaningful role in building and supporting the ethical environment. The main objective of research is to analyze motives of perceptions’ inconsistencies in of the ethical setting between the management, partners, and other accounting professionals of the firm. The study is important through its investigations of influential factors of ethical standards on perceptions of accounting firm’s members, and in reducing the gap between partners and non-leaders of the CPA firm. The authors consider two problems of the study: greater ownership interest promotes the decision leadership in the company, and lack of non-leaders participation in modeling the firm ethical environment (p. 126). Literature Review. The authors use a systematic review of literature in the research. The researchers examine the study of VictorShow MoreRelatedRole Of Corporate Ethics On Financial Performance945 Words   |  4 PagesStudy of Financial Professionals and Implications for the Financial Meltdown. The key of the abstract is to demonstrate the influence of corporate ethics on financial performance. The financial meltdown negatively influenced top management mindset regarding professional ethics (p. 15). Introduction. The authors study 2008 collapse of financial system to analyze the link between organizational values, social responsibility, and financial performance. Accounting and legal professionals argue that theRead MoreThe Ethical Framework Of Accounting897 Words   |  4 PagesBusinesses, investors, creditors rely on accounting ethics. The accounting profession requires honesty, consistency with industry standards, and compliance with laws and regulations. The ethics increase the responsibility and integrity of accounting professionals, and public trust. The ethical requirements influence the management behavior and decision-making. The financial scandal of Enron and Arthur Anderson demonstrates the failure of fundamental ethical framework, such as off-balance sheet transactionsRead MoreEssay Business Ethics in Accounting1034 Words   |  5 Pagesinappropriate decision making and judgments by the professionals. The aim of this paper is to review two academic articles and con clude on the reliability of the claims and assertions made by the authors. The research paper of Pflugrath, Martinov-Bennie Chen (2007) aims to analyze the impact of organizational codes of ethics on the accountants’ and auditors’ judgments and professional decisions making skills. The research is conducted on a sample of 112 professional accountants and auditing students and resultedRead MoreEthics Code Of Professional Ethics980 Words   |  4 Pagesarticle reviewed was Possible Ethical Issues and Their Impact on The Firm: Perceptions Held by Public Accountants. The abstract demonstrates the importance of AICPA’ â€Å"Code of Professional Ethics† and its components, and the influence of management perceptions on firms’ ethical environment (p. 919). Introduction. The authors study business ethics, compliance with ethics code, ethical issues, and ethical behavior of company management. 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It has been introduced as a way to be a more effective communicator, especially pertaining to an organization. It is a practical way to improve morale between an employer to his employee as well as a client to an organization. Resolution of ethical behaviors and practices are essential to any organization. The following study of Ethics and organizational communications has been studied and explored by other scholarsRead MoreThe Role and Responsibility of Company Leadership in Shaping Organizational Culture1712 Words   |  7 Pagesby the employees’ shared values, beliefs, symbols, and behaviors. The organizational culture ideally influences its decisions and actions (Tharp, n. d). (Watkins, 2013) also defines organizational culture as a consistent and observable pattern of behavior in organizations. An organization’s culture channelizes individual decisions and actions at a subconscious level, and thus, can have a potent effect on an organization’s success. Organizational cultures facilitate the existence of a common groundRead More Cultural Values and Personal Ethics Paper1361 Words   |  6 PagesCultural Values and Personal Ethics Paper Personal, organizational, and cultural values are the basis of an individuals personal and professional decision-making style. These values are the key ingredients that make up our core beliefs. Values are ideas that are actions which could be right or wrong, good or bad that are the basis of human action (Tosi 2000). Personal values might also be called morality, since they reflect general expectations of any person in any society, acting in any capacity

Fi516 Advanced Finance Essay - 1336 Words

Study Guide for Final Exam 1. (TCO B) Which of the following statements concerning the MM extension with growth is NOT CORRECT? (a) The tax shields should be discounted at the unlevered cost of equity. (b) The value of a growing tax shield is greater than the value of a constant tax shield. (c) For a given D/S, the levered cost of equity is greater than the levered cost of equity under MMs original (with tax) assumptions. (d) For a given D/S, the WACC is greater than the WACC under MMs original (with tax) assumptions. (e) The total value of the firm is independent of the amount of debt it uses. (Points: 20) 2. (TCO D) Which of the following statements is most CORRECT? (a) In a private placement, securities are sold†¦show more content†¦(b) An increase in the personal tax rate is likely to increase the debt ratio of the average corporation. (c) If changes in the bankruptcy code make bankruptcy less costly to corporations, then this would likely reduce the debt ratio of the average corporation. (d) An increase in the companys degree of operating leverage is likely to encourage a company to use more debt in its capital structure. (e) An increase in the corporate tax rate is likely to encourage a company to use more debt in its capital structure. (Points: 20) 4. (TCO G) Chapter 7 of the Bankruptcy Act is designed to do which of the following? (a) Protect shareholders against creditors. (b) Establish the rules of reorganization for firms with projected cash flows that eventually will be sufficient to meet debt payments. (c) Ensure that the firm is viable after emerging from bankruptcy. (d) Allow the firm to negotiate with each creditor individually. (e) Provide safeguards against the withdrawal of assets by the owners of the bankrupt firm and allow insolvent debtors to discharge all of their obligations and to start over unhampered by a burden of prior debt. 2. (TCO I) Suppose one British pound can purchase 1.82 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the U.S. dollar will depreciate by 12.0% against the pound over the next 30 days. How many dollars will a pound buy in 30 days? (a) 1.12 (b)

Relationship Between Price and Demand for Annoteted Bibliography

Question: Discuss about theRelationship Between Price and Demand for Annoteted Bibliography. Answer: Dowson, T. (2013). How star bucks use pricing strategy for profit maximization: price intelligently Dowson came up with a detailed article that addressed the pricing strategy of star bucks that would be used to maximize their profits. The content of the article was aimed at the improvement of the operations of Starbucks business. The work is relevant in the sense it gives options in which the company can price its products and maximize its profits. The source is relevant to the topic as it is in the position to show us how pricing can be made so that to maximize profits. Dowson suggested that for Starbucks to improve its business operations and realize more profit it should employ the mechanism of price and demand. This is because high demand for the company products will mean that the company will price its products an action that will translate into increased profits. Lau, L, J. Yotopoulos, P. A. (2013). Profit, supply and factor demand function: American journal of agricultural economics: Oxford University press. The authors studied trends in business concerning supply, demand, and profit whereby they later came to develop a function that links them together. The function has variables that are to be varied in order to get the right and superior service that fits business. Their study and results were focused on agricultural economics, to investigate the efficiency of the mechanism on farm products. Despite the fact that their results were agricultural based, the function was able to give reliable results when the price and demand factors were varied which in turn affected the profits realized by the entity using the service. Similarly, the same results of this agricultural economic based study can be used in business context. Simon, H. (2015). Confessions of the pricing man: how price affects everything. Cham: Copernicus Books, a brand of Springer. Simon developed an interest in the characteristics and operations of the price. He studies how price affects the market factors and their implications to a business entity. He believes that price is a driving factor that determines how a business is going to perform. The price is a variable, can be varied to the point that will increase the demand for the products in the firm and thus increase the profit margins due to high sales made. With this reason, the source is relevant to the topic as it deals with demand and price that will lead to the maximizing of profits in business. It is helpful as it can ensure that it gives details on how to vary the factors so that to come up with the required mix that will be useful. Singh, J. (2016). Price demand relationship: Normal, Inferior and Giffen goods: economic discussion The article focuses on price and demand variables. The author evaluates the variables in order to establish the effects they have on the overall profit margins. The work was aimed to people in the business sector who are interested in maximizing their profits by varying the price of their products. The source is relevant to the topic in question as it focuses on how a business can change the prices of its products so that to increase sales as well as profits. When there is a high sale turn out than the profits of the company will rise significantly. Borad, B. S. (2017). Process of capital budgeting: Financial Management Borad is an economist who has majored in budgeting. He focuses on the essentials that are required by a business in order to present a viable budget. Borad uses all the factors in the market that are used in valuing the company advise businesses on the best way to vary them to come up with the best business budget. The source is relevant to the topic, as it shows relevance to price and demand about profit. The preparation of the production budget by the business will require the companies to have a prior knowledge about the demand, price and profit of the new product. The budgeting for the businesses operations affect the pricing. With this reason, the source may be useful, as it shows how price may be varied so that to increase the demand and thus affect the profit.

Bonnie and Clyde free essay sample

In December 1967 Time magazine announced a ‘renaissance’ in American film culture exemplified by Bonnie and Clyde. Critically assess the film, its impact and legacy. American film industry has been having crisis since the end of World War II. However, the most severe crisis started in the post-war years and culminated in the period of the late 60s and early 70s when the Big Hollywood Studios came to the brink of bankruptcy. In 1967, when Bonnie and Clyde was produced and released, it brought the American film industry into a new era which resulted in a Hollywood renaissance that reached its peak in the mid-seventies. As a consequence, directors were suddenly became the centre of the American filmmaking industry, and several studios, such as Warner Brothers and Columbia, ‘responded by creating low-budget production units dedicated to producing the work of exciting new talents like Francis Ford Coppola, Martin Scorsese and Peter Bogdanovich. ’ (Miller, 2005) The term ‘New Hollywood’ was introduced after the success of Bonnie and Clyde. In the meantime, Bonnie and Clyde is considered as one of the first of the ‘New Hollywood’ era. New Hollywood (or also known as Hollywood Renaissance) films like Bonnie and Clyde (1967), The Graduate (1967), and Easy Rider (1969) marked symbolised a return to a truly American Cinema. Moreover, the films’ artistic sensibilities brought them closer to their European counterparts. In effect, the period of the late 60s and early 70s signalled a rebirth of the American Film and paved the way for what is now called New Hollywood. Bonnie and Clyde is an American crime film directed by Arthur Penn and was released in 1967. The film stars Warren Beatty and Faye Dunaway as the title Characters Clyde Barrow and Bonnie Parker. The film received attacks by the critics from around the globe when it first released on cinema in August. By November Bonnie and Clyde has become the most popular film of the year. According to Cook, the film has become so popular that ‘its protagonists became cult figures. Double-breasted suits and fedora hats of the type worn by Clyde were all the rage in men’s clothing, and Bonnie’s thirties hemlines temporarily banished the miniskirt from the world of women’s fashion. You could even buy transparent decals with which to simulate bullet holes on the windshield of your car in imitation of a famous shot from the film. ’ (Cook, 1981) Bonnie and Clyde is a violent gangster film combining comedy, terror, love, and ferocious violence. The story talks about two gangsters, Bonnie Parker and Clyde Barrow. Bonnie Parker met Clyde Barrow when Clyde was trying to steal her mother’s car. Almost immediately, Bonnie abandons her dreams of becoming a movie star and takes off on a whirlwind tour of Depression-era Texas, where they become legendary bank robbers. As their fame grows, so does their gang with the addition of gas station attendant C. W. Moss and Clyde’s brother and sister-in-law. But with their growing notoriety as modern-day Robin Hoods and murderers comes the increasing threat of a fatal run-in with the law. After a heart-breaking visit with Bonnie’s family, in which she realises that she literally can’t go home again, they are caught in a series of ever-more-deadly ambushes that decimate the Barrow Gang and threaten to end the legend of Bonnie and Clyde. This film is based on the true event and people. Bonnie and Clyde were well-known outlaws, robbers, and criminals who travelled the Central United States with their gang during the Great Depression. Bonnie and Clyde became very popular among the society is because it depicts the story of Bonnie and Clyde’s rise and self-destructive fall as anti-authoritarian criminal gangsters. ‘Their targets are not the common people but the avaricious banks and the armies of police that protect types of the anti-establishment heroes who have become to dominate so many American films since, and they resonated perfectly with the revolutionary tenor of the late sixties. (Cook, 1981) The film, with many opposing moods and shifts in tone, is a cross between gangster film, tragic-romantic traditions, a road film and buddy film, and comedy. Furthermore, it ‘exemplified many of the characteristics of experimental film-making from the French New Wave movement. ’ (Dirks, 2003) In the meantime, the advertising poster proclaimed Bon nie and Clyde as â€Å"They’re young†¦they’re in love†¦and they kill people. † The film also depicts this two outlaw couples not just being killed at the end, but they were destroyed, because Bonnie and Clyde were shot tragically. Even today the sequence has an almost unbearable intensity because our dramatic identification with the characters is so complete. ’ (Cook, 1981) In the late 1960s, the film’s sympathetic, revolutionary characters and its social criticism appealed to anti-authority American youth who were part of the counter-cultural movement protesting the Vietnam War, the corrupt social order, and the U. S. government’s role. The outlaw couple’s robberies of banks, was viewed somewhat sympathetically by the rural dispossessed, during the time when the institutions were ‘robbing’ and ruining indebted. The robberies of the glamorous, thrill-seeking young couple – mostly innocent and minor at the beginning of their crime spree, unfortunately escalate into more violent and murderous escapades. ’ (Dirks, 2003) Pauline Kael, an American film critic, also appreciated the film and applauded the violence as central to its meaning. She says in her review: â€Å"It is a kind of violence that says something to us; it is something that artists must be free to use Will we, as some people have suggested, be lured into imitating the violent crimes of Clyde and Bonnie because Warren Beatty and Faye Dunaway are ‘glamorous’? It’s difficult to see how, since the characters they play are horrified by it and ultimately destroyed by it†¦Bonnie and Clyde needs violence, violence is its meaning. † (Harris, 2008) The impact of violence in the movie was confirmed by the ensuing successes of Badlands (1973). Badlands is also a movie about an outlaw couple which based on the Starkweather-Fugate killing spree of the 1958, starring a fifteen-year-old girl and her twenty-five-year-old boyfriend slaughtered her entire family and several others in the Dakota badlands. Easy Rider (1969) is also one of Bonnie and Clyde legacy. It talks about two countercultural bikers who travel from Los Angeles to New Orleans in search of America. The Wild Bunch (1969) adapted the violence in Bonnie and Clyde, depicted by an aging group of outlaws who look for one last big score as the ‘traditional’ American West is disappearing around them. Other than that, Thelma amp; Louise (1991) transformed ‘outlaw couple’ into two feminine, also known as Thelma and Louise. They both had a life and one day they decided to break out of their normal life and jump in the car and hit the road. Louise killed a man who threatens to rape Thelma during the journey, and soon they were hunted by the American police while they try to escape to Mexico. Without a doubt, Bonnie and Clyde is a great and important film after almost fifty years of release. It has been called ‘the first American film’ and ‘its influences can easily be traced into the future works of acclaimed directors like Terrence Malik, Martin Scorsese, Sam Peckinpah, and Quentin Tarantino. ’ (Koban, 2004) The film was able to make critics think twice, spark fashion trends, and start a new revolution within Hollywood. Along with many other anti-establishment movements, Bonnie and Clyde began an anti-establishment movement within the film industry. ‘The younger generation related to the deeper meaning of Bonnie and Clyde while the older generation rejected yet another attack on their traditional values and ideals. ’ (Emma, 2005) References Cook, D. A. , 1981. A history of narrative film. Norton, New York. Dirks, T. , 2003. Bonnie and Clyde (1967). URL http://www. filmsite. org/bonn. html (accessed 12. 4. 12). Emma, 2005. Bonnie and Clyde Paper | Emma’s History Portfolio. URL http://299history. umwblogs. org/history-portfolio/history-299/bonnie-and-clyde-paper/ (accessed 12. 5. 12). Harris, M. , 2008. Pictures at a revolution? : five movies and the birth of the new Hollywood. Penguin Press, New York. Koban, C. J. , 2004. BONNIE AND CLYDE. URL http://www. craigerscinemacorner. com/Reviews/bonnie_and_clyde. htm (accessed 12. 6. 12). Miller, F. , 2005. The Essentials Bonnie and Clyde Turner Classic Movies. URL http://www. tcm. com/this-month/article/24133|24134/The-Essentials-Bonnie-and-Clyde. html (accessed 12. 5. 12).