I need help writing a memorandum to a decision-maker, such as the president of the United States, a member of Congress, a chairperson of the SEC, or a state Governor, on how to reform corporate ethics in American business today. As we have seen, legislation such as Sarbanes-Oxley has received considerable media attention, but has not prevented significant catastrophes such as the global economic meltdown of 2008. You should be prepared to propose policies that might help to ameliorate or to prevent corporate ethics lapses that might occur in the future. You have the freedom to select any policy avenues that you think might help to strengthen and fortify corporate ethics. Your memo should do the following:
- Set forth why your chosen policy pathway is important
- Compare it to and contrast it with the policy it replaces
- Articulate your ideas on how to remedy the issue of corporate malfeasance
- Proffer some recommendations to the decision-maker about how to improve overall corporate governance
Please note that your prescription for change is not nearly as important as your ability to forecast potential challenges to the corporate boardroom and to predict possible ways the government could intervene to assist not only solid corporate governance, but also the interests of individual shareholders. It is recommended that you suggest at least two methods and/or policy proposals that critically address the public policy concern. Bring in facts and other data to support the policy issue addressed and make sure each fact is cited to the relevant authority. Demonstrate critical thinking by analyzing, evaluating and interpreting appropriate policy to provide original perspectives to enhance corporate legal and ethical environments.
You are expected to convey complex ideas in a clear, concise and organized fashion, using the required and recommended readings from the course for analytical support. Although you are encouraged to cite from your textbook, you are required to cite a minimum of four scholarly sources beyond the textbook to support your statements.
This is for my final project APA sources. 8-10 pages of material is needed.
My comments and the assignment instructions are in (parentheses) or *asterisks, which should be removed from
your final paper. Possible paragraphs for your paper are surrounded by double lines. If what you want is 250
words per page, then you need at least 2000 words, which could be divided into 15 to 20 sections of 100-140
words each. I will give you 16 sections, each with references, but in only 8 or 10 of them I will put in actual
text - you should be able to fill in the rest. You also need at least 4 scholarly references, and I will
suggest 2 of them, and what I think you can derive from each of them for your paper.References are at the end of
each section, and if you are going to use them, they should be properly cited, and the references should be
moved to your references page in alpha order. You will also have to format your paper according to APA -
I am choosing to address the chairperson of the SEC, and you are a newly appointed CEO.)
Mary Jo White
Chairperson, Securities and Exchange Commission
Thank you for this opportunity to offer my proposal to reform corporate business ethics in the US business
today. My company is growing and is becoming successful, so many of my concerns reflect those of much of the
country. Your many years as a federal prosecutor and securities lawyer have undoubtedly given you a unique
sense of the damage that could be done by unethical corporate leadership. (1) I understand that the purpose of the Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and
facilitate capital formation. (2) You also have an Office of Ethics Counsel, so you have a degree of authority
in the development of ethical guidelines that would assist in this protection of businesses. (3)
About Mary Jo White
Duties of SEC
(on how to reform corporate ethics in American business today.)
SEC Office of Ethics Counsel
(As we have seen, legislation such as Sarbanes-Oxley has received considerable media attention.)
What is a serious concern of many business leaders is the recent news surrounding the use of the Sarbanes-Oxley Act of 2002 in the reporting of misconduct among financial executives and heads of companies that affect a large segment of the population, such as Boeing. For instance, a Seattle court has ruled that media leaks of corporate improprieties are not protected under the Act, and the auditors who revealed them to reporters, after approaching and being rebuffed by the in-house executives, lost their jobs anyway. (3) Although no one want to see their company given a bad reputation, there must be a fair and ...
The expert writes a memorandum to a decision maker. The policy which replaces is compared and contrasted.