Procomp Discussion

1.What were the key factors leading to the un honest business practices at Procomp? - energy unmatchable: racy store inducement inducing (Pressure from the company) - in that location were high motivation or pressure from the control table of directors to the employees by introducing stock bonus plan as the incentive scheme in the company. This practice will likely to convey the wrong practices due(p) to high pressure from the employment and the opportunity for the employees own(prenominal) relieve oneself such as high stock bonus incentive. - Factor two: lack of independence in Procomps wag.- legion(predicate) of board members had arm length relationship with Yeh, including her family and close friends. ascribable to lack of independence in board members, at that place could be a rationalization for them to hide wrong sorts if the doings visualise for the company. Also company did not have an internal induce stock committee. When the internal control is we ak then on that point atomic number 18 higher possibilities to have unethical business practices due to dodge or mis give in. 2. Why was there no tin whistle blower account in the Procomp matter? What atomic number 18 the problems or ethical concerns in whistle blowing?

- Lack of independence among the board members: Since most of the board members be family or close friends of Yeh, there were more criticize of not reporting the unethical practices when there were unethical behavior unless the behavior is not affecting their personal profit. Also, since the board members are all in the arm length relationship wit h Yeh, the whistle blower would not protect! ed from anyone by reporting the unethical concerns. When the whistle blower does not protected by any of steering level within the company, no one would like to take an curtain raising to report the unethical practice and ensnare themselves into the risk of losing their job. - The ethical concerns in whistleblowing is that other people seen whistleblower as bum since whistleblower could damage their company and rank all the employees in to the risky situation of losing their...If you want to allow a broad(a) essay, order it on our website: OrderCustomPaper.com

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