Liability and Punishment for CEO's - Ethical Considerations

In today?s world, chief operating officeholder?s of major corporations or organizations have tremendous closet on them to meet expectations and succeed. They ar responsible for making the toughest decisions that run into numerous heap. CEO?s often struggle with decisions because in-person successes and morals confront each(prenominal) other. Normative ethics are chief(prenominal) for CEO?s because their actions have an effect on plurality?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 trillion dollar accountancy fraud. His actions caused his cooperation to go bankrupt, which was at the time the largest loser case in U.S. history (Lazarus, 2005). Ebbers claimed he did not go to bed 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 tie to WorldCom stocks, and millions of people were alt er by the actions that he made. His decisions were strictly pecuniary decisions and they appeared to be in his best interest only. The question hence becomes, was Ebbers liable and did he deserve to go to jail? more than or less would say he made a business wrongful conduct and it ended up hurting his career, but jail was in addition harsh. Ebbers deserved to go to jail and deserved to be penalise for his unethical decisions.

Ebbers deserved to go to jail because he egocentricly chose to tap the unspoilts, and turn out the consequences of the people he was going to affect. He had a traffic to protect t he contractual rights of his shareholders an! d partners. He measuredly 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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