What external pressures encourage executives to misrepresent financial performance and how can companies prevent this?© BrainMass Inc. brainmass.com October 25, 2018, 8:10 am ad1c9bdddf
Executives may feel pressured to misrepresent financial performance due to the need to display ongoing positive results to outside investors. Reasons cited for misrepresentation in financial performance include the moral decay in society, executive incentives for performing well (such as stock option benefits), stock market expectations (which again provide rewards for short term behavior), ...
This solution describes external pressures that might encourage executives to misrepresent financial performance. It gives ideas for how companies can prevent this behavior from occurring. APA reference is included.
Ethics, Accounting and Sarbanes-Oxley
Answer the following in detail:
26. Describe, in detail, the four basic elements of strategic management.
27. List all of the requirements of the Sarbanes-Oxley Act and explain the impact of this act on corporate governance. Please number each of the requirements as you list them.
28. List and discuss, in detail, the three basic approaches to ethical behavior.
29. List and discuss, in detail, the different types of forecasting and identify which is the most commonly practiced form of forecasting and discuss why it is the most commonly practiced form of forecasting.
30. Define and discuss, in detail, both a value chain and a company's center of gravity.View Full Posting Details