Corporate Stock Options

Paper Summary:

This paper discusses the stock options scandal associated with Enron and discusses its impact on corporate ethics. It looks at some of the effects that are expected to arise from this scandal and discusses the ethical character of management in the business sphere. The paper presents a careful overview of business ethics and offers an opinion on the effectiveness or ineffectiveness of the Sarbanes-Oxley legislation in the United States vis-a-vis this current scandal enveloping many public companies across North America.

Table of Contents:
Abstract
Introduction
Stock Options Scandal
Ethical Positions
Future Ramifications
Conclusions

From the Paper:

"It seems the entire body of corporate America is holding its collective breath to see how the more than 80 investigations currently underway by the SEC are concluded. Such a host of companies are taking pre-emptive action in the stock options scandal by restating and revising earnings statements that it is clear the problem is even far more pervasive than currently thought. Not only companies like Apple and UnitedHealth are under investigation but McAfee and even Barnes and Noble are being examined by the SEC (Should, 2006). Should any of the top executives at these firms be negatively affected, the resulting impact on their company's share price could depress the entire U.S. stock market in a way that Enron never did and certainly bleed over into the Canadian markets."

Sample of Sources Used:

• Copeland, J. (2005). Ethics as an imperative. Accounting Horizons, 19(1):35.
• Kamberg, M. (2001). Making ethical business decisions. Women in Business, 53(2):22.
• Logue, A. (2005). Degrees of trust. PM Network, 19(4):48.
• Nonis, S. and Swift, C. (2001). Personal value profiles and ethical business decisions. Journal of Education for Business, 76(5):251.
• D&O Retentions. (2006). Controller's Report.

More papers on Corporate Stock Options:

• Term Paper # 130101 : "The Corporate Stock Options Scandal"
• Analytical Essay # 130505 : "Stock Options and the New Ethics Vacuum"
• Research Paper # 26442 : "Corporate Crime"

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