Procomp Discussion

1.What were the key factors leading to the un honest business practices at Procomp?
- cipher unmatchable: racy store bonus incentive (Pressure from the company) - There were high motivation or pressure from the control panel of directors to the employees by introducing stock bonus plan as the incentive scheme in the company. This practice will likely to cause the unethical practices due(p) to high pressure from the employment and the opportunity for the employees personal relieve oneself such as high stock bonus incentive.
- Factor two: lack of independence in Procomps board.- legion(predicate) of board members had arm length relationship with Yeh, including her family and close friends. imputable to lack of independence in board members, there could be a rationalization for them to hide unethical sorts if the behavior realize for the company. Also company did not have an internal take stock committee. When the internal control is weak then there atomic number 18 higher possibilities to have unethical business practices due to dodge or mistake.
2. Why was there no whistle blower account in the Procomp case? 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 are family or close friends of Yeh, there were more knock 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 with Yeh, the whistle blower would not protected from anyone by reporting the unethical concerns. When the whistleblower does not protected by any of management level within the company, no one would like to take an curtain raising to report the unethical practice and put 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 put all the employees in to the risky situation of losing their...If you want to get a broad(a) essay, order it on our website: Orderessay



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