Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

From the Wall Street Journal How Three Unlikely Sleuths Exposed Fraud at WorldCom? What were the potential consequences of the actions Cynthia Cooper and her

From the Wall Street Journal “How Three Unlikely Sleuths Exposed Fraud at WorldCom?"

What were the potential consequences of the actions Cynthia Cooper and her team took as they investigated the accounting discrepancies at WorldCom? What were the potential consequences of their not pursuing these discrepancies? Be sure to consider potential effects upon all stakeholders. Would utilitarianism support their actions?

Consider the accounting discrepancies from a Kantian perspective – could WorldCom’s accounting practices be universalized? Who was WorldCom treating as a means and not an end? What would Kant say about Ms. Cooper’s actions?

What aspects of Ms. Cooper’s character were virtuous and what virtues were demonstrated by her actions? Or, a related question: What sorts of virtues would be needed for someone to act as Ms. Cooper and the others on her team did in fact act?

Ms. Cooper’s team pressed ahead with activities that led to their “blowing the whistle” within the company and with Arthur Anderson. Given a little more time, their activities might have led them to “blow the whistle” on WorldCom to the SEC. Should they have pursued these activities? Would it be the duty of others, finding themselves in a similar situation, to act as Ms. Cooper and her team acted? Draw together your answers to the previous questions, along with Bowie’s five conditions for whistle-blowing, to support your conclusion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

CLINTON Miss Sitting in his cubicle at WorldCom Incheadquarters one afternoon in May Gene Morse stared at anaccounting entry for 500 million in computer expenses He couldntfind any invoices or documen... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting in an Economic Context

Authors: Jamie Pratt

8th Edition

9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292

More Books

Students also viewed these Finance questions