Ethical Corporate Behaviour: A Case Study Case Study by Top Papers

Ethical Corporate Behaviour: A Case Study
A case study of dubious corporate behaviour at the Countrywide Financial Corporation.
# 142448 | 1,250 words | 3 sources | APA | 2008 | US
Published on Dec 01, 2008 in Business (Companies) , Ethics (General)


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Description:

This paper explores dubious corporate behaviour arising from the efforts of a notable sub-prime mortgage firm to secure, amongst other things, a generous bailout package from a leading member of the United States Senate; the transaction in question seemingly involved granting Chris Dodd, the Senate Banking Committee Chairman, mortgages on favourable terms - even though any kind of gift-giving or exchanges involving US members of the Senate or Congress and for-profit corporations that stand to benefit directly from legislative initiatives originating in either house ostensibly violates House and Senate ethics. The paper explains that for its part, Countrywide Financial Corporation should have been apprised of the shadowy nature of being seen to curry the favour of the Banking Committee Chairman and should have avoided doing what it did. The paper argues that without question, the case - though overshadowed by other recent events - brings into sharp focus the conflict between making a profit and acting ethically at all times; the paper also leads us into an exploration of how these sorts of conflicts can be resolved in a fashion favourable to the corporation.

From the Paper:

"This essay explores dubious corporate behaviour arising from the efforts of a notable sub-prime mortgage firm to secure, amongst other things, a generous bailout package from a leading member of the United States Senate; the transaction in question seemingly involved granting Chris Dodd, the Senate Banking Committee Chairman, mortgages on favourable terms - even though any kind of gift-giving or exchanges involving US members of the Senate or Congress and for-profit corporations that stand to benefit directly from legislative initiatives originating in either house ostensibly violates House and Senate ethics. For its part, Countrywide..."

Cite this Case Study:

APA Format

Ethical Corporate Behaviour: A Case Study (2008, December 01) Retrieved December 02, 2022, from https://www.academon.com/case-study/ethical-corporate-behaviour-a-case-study-142448/

MLA Format

"Ethical Corporate Behaviour: A Case Study" 01 December 2008. Web. 02 December. 2022. <https://www.academon.com/case-study/ethical-corporate-behaviour-a-case-study-142448/>

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