What new and innovative mechanisms , laws or employs could corporeal the States jell in place to address the integrated misconduct that we lots detect in the passwordThe law already makes the board of directors probable to the bodied the States to insure that their officers ar acting in a legal and prudent manner while lead their rafts . One method of insuring that the board of directors atomic number 18 compelled to check on the mysterious activities of their incorporate officers is to make use of the internet . If corporate America would anticipate that all corporations should make their important pursuance minutes such as work biddings won or study sales forthcoming for public viewing do the internet , then we ar given an automatic dabble of eyes watching at them . The public records should provide the re asons then the bids were chosen or the reason behind the sales . So that for the corporate misconduct that we often find in the newsworthiness like the Boeing scandals involving Boeing Chief Financial Officer Mike Sears and Darleen Druyun , leave acquisitions officer at the Air Force . Druyun said at her sentencing hearing in 2004 that said she favored Boeing on multiple contracts because of favors granted by the comp whatever , including hiring her daughter and son-in-law (Gates Mundy , 2006 . Corporate America can compel the board of directors to investigate officers involved in misconducts or face legal sanctions themselves . The officers in turn are liable to run their corporation legally and in a prudent manner . The Sears and Druyun Boeng scandal led to jail equipment hap for Mike Sears and Darleen Druyun . If the major transactions of Boeing were made public by means of the internet , then in that respect is a big hazard that a handful of people puddle detected such an anomalousness prior to it becoming a! big difficulty .
Sears and Druyun would also be prevented from doing such anomaly knowing that there is a possibility that people are looking at their transactions Can you think of any protective practices that the corporation could include to better protect against jerry-built and destructive cable practices of bad corporate officersOne effective practice is transparency across all members of the corporations , from board of directors , corporate officers , employees to shareholders . A corporation should require transparency , meaning all major seam decisions and transactions made by corporate officers are ma de available to all members of the come with with proper account of purpose and reasons . transparency eventually promotes honesty and prevents destructive business practices of bad corporate officersReferencesGates , D Mundy , A (2006 . Boeing lawyer warns of company s legal risk of exposure . Retrieved on April 24 , 2007 from the SeattleTimes online mesh site : HYPERLINK http /seattletimes .nwsource .com /hypertext markup language /businesstechnology /_boe ing31 .html http /seattletimes .nwsource .com /html /businesstechnology /_boei ng31 .htmlThe module8notes .pdf was used as the principal(prenominal) reference...If you inadequacy to get a full essay, order it on our website: OrderCustomPaper.com
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