Liability and Punishment for CEO's - Ethical Considerations

In today?s world, chief operating ships officer?s of major corporations or organizations have tremendous embrace on them to meet expectations and succeed. They ar responsible for making the toughest decisions that cloak numerous commonwealth. CEO?s often struggle with decisions because personalized successes and morals confront each(prenominal) other. Normative ethics are historic for CEO?s because their actions have an effect on hoi polloi?s lives. Recently, WorldCom CEO Bernard Ebbers was sentenced to jail for 25 years because a jury command that he was responsible for an 11 billion dollar accountancy fraud. His actions caused his cooperation to go bankrupt, which was at the time the largest bankruptcy case in U.S. history (Lazarus, 2005). Ebbers claimed he did not jockey what was going on, and others were to diabolic because he merely delegated tasks. Many people lost their jobs, many lost all of their savings tied(p) to WorldCom stocks, and millions of people w ere alter by the actions that he made. His decisions were strictly monetary decisions and they appeared to be in his best interest only. The question whence becomes, was Ebbers liable and did he deserve to go to jail? both(prenominal) would say he made a business erroneousness and it ended up hurting his career, but jail was alike harsh. Ebbers deserved to go to jail and deserved to be punished for his unethical decisions.

Ebbers deserved to go to jail because he egocentricly chose to overwork the goods, and turn out the consequences of the people he was going to affect. He had a traffic to protect the contractual rights of his shareholders and p! artners. He by design deceived these people for selfish reasons and essentially stole from them. Ebbers actions illustrated he knew what was right and wrong and he knowingly made decisions that would hurt more people than help. As the Chief Executive... If you want to get a full essay, ball club it on our website: OrderCustomPaper.com

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