| Papers [1-16] of 100 :: [Page 1 of 7] | | Go to page : 1 2 3 4 5 6 7 —> | Search results on "COLUMBIA HCA SCANDAL": |
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The Columbia/HCA Scandal, 2007.
This paper discusses the corporate deviance in America's largest health care corporation.
2,660 words (approx. 10.6 pages), 14 sources, MLA, AU$ 128.95
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Abstract
The paper describes the Columbia scandal where Columbia/HCA was able to abuse its power to embezzle hundreds of millions of dollars from the Medicare system. The paper provides an analysis of the sociological and criminological theories that caused the corporate malfeasance. The paper shows how the Columbia/HCA scandal is emblematic of many high-profile white-collar crimes. The paper asserts that since the simple explanations of poverty and low social class are inadequate to explain white-collar crime, new paradigmatic frameworks must be established to account for such high-status offenders.
Outline:
Case History
Victims and Motivations
Evolution
Conclusion
From the Paper
"On July 16th, 1997, federal and state agents swarmed into Columbia/HCA hospitals across the country. The agents had search warrants in hand, looking for evidence of Medicare fraud. At each hospital, computers and boxes of records were confiscated, some agents requiring rented U-Hauls to transport the massive volume of documents. The Columbia/HCA system was the United States 9th largest employer, and the largest health care company in the world. It's founder, Richard L. Scott, was only 43 years old at the time, and had been ranked by Fortune Magazine as the most admired health care company. Its 1996 revenue was over $19.9 billion, and it owned over 350 hospitals. The major funding, and the family that had the most to gain from Columbia/HCAs activities, were the Frists of Tennessee, the most notable member of that family being Republican Senator Bill Frist, former Senate Majority Leader. However, Columbia/HCA was in deep trouble."
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The Iran Contra Scandal, 2006.
This paper discusses the Iran Contra scandal, one of the greatest scandals in recent US government history.
1,125 words (approx. 4.5 pages), 5 sources, AU$ 71.95
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Abstract
The Iran Contra scandal is one of the greatest scandals in US government in recent memory. It was certainly the biggest foreign policy scandal during the 1980s. It involved at its heart two secret operations conducted by the executive branch of the United States government. The Reagan administration facilitated the sale of military equipment to Iran an enemy of the United States and considered a nation that sponsored terrorism. With the money from that sale a second operation was funded: Military aid was provided to the contra rebels in Nicaragua, aid that Congress had previously banned. This paper details the events surrounding the Iran-Contra scandal that took place during former President Reagan's term in office. The paper discusses why these actions were so scandalous and what it meant in terms of the US government's abuse of its power and its disregard for the Constitution. The paper contends that the scandal represents a major abuse of the constitutional authority afforded the executive branch of the US government, not to mention an affront to the checks and balances system that is supposed to keep each branch of government from amassing too much power.
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Religion, Sex Scandals and Corruption, 2002.
A look at the role of organized religion in the creation of sex scandals with a focus on the scandal surrounding Bill Clinton.
3,150 words (approx. 12.6 pages), 8 sources, AU$ 186.95
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Abstract
This paper investigates the impressions that politics are given by religious organizations in respect to sex scandals. This paper demonstrates that the sex scandal itself is actually perceived as a remarkably minor event in the political spectrum, but rather it is the influence of religious organizations that promotes the sex scandal to epic proportions. In order to better explore this topic, the example of former American President Bill Clinton is used. Clinton should be considered the ideal candidate for such an investigation, as his entire presidency was affected by sexual scandals and the outcome of such scandals.
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The Watergate Scandal, 2006.
This paper argues that the Watergate scandal and other political scandals provided a means for reinforcing American moral values.
2,490 words (approx. 10.0 pages), 4 sources, MLA, AU$ 121.95
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Abstract
This paper explains that the Watergate scandal represented a crisis situation in which the public, the elites and the media, driven by solidarity, collaborated to eliminate an evil so that the social body could continue its normal existence. The author points out that the Watergate scandal proves that society is a moral phenomenon organically driven by the desire to defend the principles of morality because of its awareness of the fundamental importance played by these principles. The paper suggests that political scandal serves as an interruption of the profane everyday living and inserts a sacred dimension. This dimension renews the forces of the society by identifying and eliminating an evil while simultaneously remembering and reinforcing society's basic principles.
From the Paper
"The American society gives a lot of importance to the moral legitimating of the political regime. It is not only the Watergate scandal that proves it, but also other scandals involving presidents, such as the one involving Bill Clinton. In the case of President Clinton, the most serious mistake that he made was not that he had an affair (even if this too represents an action against the moral principles and reflects an unhealthy attitude towards family). The most serious mistake that both Nixon and Clinton did was to lie to the American people, denying their guilt."
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The Watergate and Enron Scandals, 2006.
An analysis and comparison of the Watergate and the Enron scandals.
675 words (approx. 2.7 pages), 2 sources, AU$ 42.95
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Abstract
This paper compares and contrasts the Watergate and Enron scandals, revealing some significant similarities in terms of their causes and how they were handled, but also a number of major differences. In both scandals, conservatives committed multiple felonies, lied relentlessly in an effort to conceal their crimes, and sought to avoid responsibility by blaming others for the scandal. The major difference between the Watergate and Enron scandals is that Enron is primarily a financial scandal, while Watergate was a political scandal. Another difference between the Enron and Watergate scandals is that Watergate had a much broader and more serious impact on America, for it revealed massive criminal conduct at the highest levels of the government.
From the Paper
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The WorldCom Scandal.
This paper discusses the shocking scandal at WorldCom, the Mississippi-based telecommunication company, which was considered to be scandal-free and profitable.
2,060 words (approx. 8.2 pages), 5 sources, MLA, AU$ 104.95
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Abstract
This paper explains that, compared to the sophisticated accounting techniques adopted by Enron to hide its real financial health, the "modus operandi" of the 'crooks' at WorldCom was relatively simple, involving the improper capitalization of expenses by re-characterizing certain operating expenses as capital assets, and the improper release of reserves held against operating expenses. The author points out that personal greed stands out as the single biggest reason for this crime. The paper relates that the continuing manipulation of WorldCom's financial statements remained undetected from as far back as 1999 to mid-2002 due to the failure of the system because the auditors, the "moral watchdogs," were largely unregulated, and the accounting profession had followed a long-held tradition of self-regulation.
Table of Contents
Facts
Background
How Was the Fraud Perpetrated?
Why Was the Fraud Committed?
Preventing and Detecting Fraud
Why the Fraud Remained Undetected at WorldCom?
Measures Needed to Prevent or Detect Fraud
Comments and Conclusion
From the Paper
"In the 1990s, WorldCom entered into a number of long-term lease agreements with various third party telecommunication companies in order to gain access to their networks. According to the terms of the agreements, WorldCom was obliged to pay a fixed amount to the carriers, regardless of how much of the leased capacity was actually utilized by WorldCom. These lease payments were named "line costs" and as per the prevailing accounting principles should have been treated as "operating expenses" in the income statements of the company. By 2000, the optimistic growth projections in the telecomm sector had failed to materialize, and WorldCom's incomes could not keep pace with its rising expenses. If the company's declining income had become public at that stage, its share price that had reached a peak of $64 in 1999 would have fallen drastically."
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The Watergate Scandal, 2005.
This paper discusses the Watergate Scandal, which forecasted the possible impeachment of President Richard Nixon and led to his resignation on August 9, 1974.
1,825 words (approx. 7.3 pages), 7 sources, MLA, AU$ 94.95
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Abstract
This paper explains that the Watergate Scandal refers to a series of events spread over several years surrounding President Richard Nixon's administration and his alleged abuse of power while in office which encompassed the political undermining of the anti-war movement (Vietnam), the Democratic political party, embarrassing and inculpatory behavior by the administration and subsequent reporting by the press. The author reviews the timeline, events and major players in this scandal including President Richard Nixon, Vice President Spiro Agnew, Special Watergate Prosecutor Archibald Cox, White House Counsel and possibly the original architect of the cover-up John Dean, Attorney General John Mitchell, Judge John Sirica and Bob Woodward and Carl Bernstein, the "The Washington Post" reporters who uncovered the scandal. The paper concludes that the Watergate Scandal, which produced the first dual resignations of a president and vice president, indictments of forty prominent citizens and scarred the nation throughout the process, is the benchmark and term often applied to scandalous political behavior.
From the Paper
"John Mitchell as the Attorney General was a loyal supporter of Nixon. In September 1972, stories published by "The Washington Post" linked Mitchell with a $250,000 slush fund that paid for the Watergate burglaries. He made a famously vulgar remark about the fact that if the stories were published, there would be political repercussions. He was right and later prosecuted for perjury, obstruction of justice, and conspiracy. Elliot Richardson, the Attorney General (after Richard Kleindienst), appointed Archibald Cox as special prosecutor and later refused to fire him. Richardson and Deputy Attorney General William D. Ruckelshaus both resigned during the "Saturday Night Massacre". John Sirica presided over the Watergate trials, while he was the Chief Judge of the US District Court for the District of Columbia. He was considered a maverick on the bench and actively questioned the witnesses and defendants during this trial. He surmised that the participants in the Watergate trial were not being truthful in their assertions. He ordered that the original audiotapes containing the recorded conversations be presented to the court, not the transcripts. The Supreme Court upheld this ruling in July, 1974, thus leading to the resignation of Nixon in August, 1974."
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The Enron Scandal, 2006.
An overview of the Enron scandal and the resulting Sarbanes-Oxley Act.
1,679 words (approx. 6.7 pages), 8 sources, MLA, AU$ 87.95
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Abstract
This paper describes the disastrous Enron accounting scandal and how it brought financial destruction to thousands of investors, as well as the resulting Sarbanes-Oxley Act, an act intended to protect investors by mandating the accuracy and reliability of corporate disclosures to the public. The paper recounts the rise of Enron and its financial ruin brought on by fraudulent investments and accounting practices. The paper further describes the Department of Justice investigation into the scandal, its implications, indictments in the scandal and the many important features of the Sarbanes-Oxley Act.
Outline
Introduction
Enron History
Enron's Fall
Implications of the Enron Scandal
The Sarbanes-Oxley Act
Conclusion
From the Paper
"Imagine, one day you are gleefully planning for retirement, you've just received your retirement fund statement and your diligent savings has grown nicely over the years. In fact, you envision traveling the country, during your golden years, or perhaps taking that European cruise you've so dreamed about. Yes, you're finally seeing the light at the end of the tunnel, your careful savings is finally about to pay off. However, in the next moment, it's gone! Completely. Gone are your dreams of cross-country sight seeing. Gone are your dreams of cruising the Mediterranean. In place of these dreams is the nightmare of the reality that your retirement savings is now not worth the paper the statement is printed on. That nightmare is the reality many Enron investors had to face."
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Black History in British Columbia, 2005.
This paper compares C.S. Giscombe's "Into and Out of Dislocation" and Peter Hudson's "Natural Histories of Southwestern British Columbia".
900 words (approx. 3.6 pages), 2 sources, AU$ 57.95
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Abstract
This paper explains that both excerpts from C.S. Giscombe's "Into and Out of Dislocation" and Peter Hudson's "Natural Histories of Southwestern British Columbia" discuss black history in British Columbia. The author points out that the two writers' styles are utterly different. The paper relates that Giscombe simultaneously relates the history of his travels in British Columbia and the history of John Robert Giscome, a man who was possibly one of Giscombe's ancestors.
From the Paper
"On the face of it, the excerpts from C.S. Giscombe's Into and Out of Dislocation and Peter Hudson's Natural Histories of Southwestern British Columbia seem to have little in common. Certainly, the two authors' styles are utterly different. However, closer analysis reveals many similarities between the two excerpts. The first and most obvious similarity is that both men have as their subject matter history - specifically, black history in British Columbia. Giscombe simultaneously relates the history of his travels in British Columbia and the history of John Robert Giscome, a man who was possibly one of Giscombe's ancestors."
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The Parmalat Scandal, 2008.
This paper examines the accounting and auditing roles in the Italian Parmalat scandal.
1,025 words (approx. 4.1 pages), 4 sources, APA, AU$ 58.95
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Abstract
The paper discusses the Italian food conglomerate Parmalat's financial scandal that was one of the worst in world history. The paper looks at the combination of financial fraud and lax oversight and demonstrates what went wrong. The paper focuses on the auditor's role in this scandal and addresses what can be done to avoid such unethical activities in the future.
Outline:
What Went Wrong at Parmalat?
What Was the Auditor's Role?
What Can Be Done to Avoid Parmalat in the Future?
From the Paper
"In December 2003, the Italian food conglomerate Parmalat crashed in a financial scandal that was one of the worst in world history (Citizen Works, 2006). Through a combination of financial fraud and lax oversight, the company had engaged in misstating income and hiding debt. In fact, the fraud was so extensive that almost 80% of the company's income for one sales year was fabricated of lies, and all of its profits were made up (Rogers, 2005). The scandal was particularly damaging to proponents of a principles-based reform of accounting, since it showed that such a system was just as prone to abuse and scandal as an alternate rules-based system. In fact, following the Enron and Worldcom scandals in the U.S., under the rules-based accounting system followed in the U.S., the Generally Accounted Accounting Principles (GAAP) had been reformed under Sarbanes-Oxley to bring the GAAP standards more in line with principles-based approaches (Rogers, 2005). The Parmalat scandal showed that these reforms ultimately may not work either if the accountants in a scandal are either collusive or neglectful to the point that scandal is possible by unethical persons."
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Fannie Mae Scandal and Corporate Governance, 2004.
Details the recent corporate governance scandal at Fannie Mae and the changes in corporate governance that were made as a result.
3,000 words (approx. 12.0 pages), 18 sources, MLA, AU$ 142.95
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Abstract
The Federal National Mortgage Association or Fannie Mae, a government chartered company, provides mortgages for low-incomes persons. Following an introduction, this paper provides information about Fannie Mae, including background information on the corporate governance scandal where top executives manipulated accounting to hit targets and receive lucrative bonuses. Thirdly, recent changes in corporate governance including the Sarbanes Oxley Act are discussed. Additionally some recommended changes in corporate governance at Fannie Mae are included.
Paper Outline:
Introduction
Background of Fannie Mae Scandal
Issue
Recent Changes in Corporate Governance Which May Help Elevate Problems
Recommended Changes in Corporate Governance for Fannie Mae
Conclusion
References
From the Paper
"Corporate governance, or the way a company is managed, can make or break that company as well as affect lenders, stockholders, and the market as a whole. Corporate governance is best defined as the means by which stockholders ensure that officers and directors will act in the best interest of the corporation instead of in their own best interest. Corporations set up a board of directors and appoint officers to run the company, although the true owners of the company are the stockholders whose money is at stake. It is the officers which play a substantial role in determining whether or not stockholders get a return on their investment. Stockholders entrust the officers to do what is right for the company as well as keep them informed of the financial state of the company through proper reporting. Although the corporation has significant control over the reporting process, there are strict rules which it is required to follow. Sometimes, however, accounting principles are violated by corporate officers in order to increase their own compensation in the form of bonuses".
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Natural Resources and the British Columbia Economy, 2002.
A discussion of the importance of natural resources to the economy of British Columbia.
3,525 words (approx. 14.1 pages), 14 sources, AU$ 208.95
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Abstract
This paper will examine the evolution of the economy in British Columbia and demonstrate that it is no longer too reliant on its natural resources. Although British Columbia's export of natural resources is important to its economy, the service sector of the economy is increasing at an enormous speed.
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The Watergate Scandal, 2007.
This paper discusses the Watergate scandal and President Nixon's guilt.
2,400 words (approx. 9.6 pages), 16 sources, MLA, AU$ 118.95
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Abstract
The paper describes the Watergate scandal where President Nixon attempted to photograph and steal records from his rival's office with the intent of using this private information to win his next election. The paper details the drama that was uncovered by The Washington Post and relates that Richard Nixon became the first President of the United States to resign. The paper discusses how the scandal had far-reaching and long-lasting results; it demonstrated to the world that a nation could, under the American democratic political system, call the highest official in the land to account for his actions and then pay the price for his misdeeds.
From the Paper
"Watergate was an event in American history that changed the course of politics, American life and leaders drastically. At first the public was unaware of the seemingly insignificant event, then when made aware, they were unaware of the importance of what appeared to be five ordinary men burglarizing an office in downtown Washington, D.C., then, when they realized this significance of the burglary and who it led to, they were unaware of the consequences that would arise from this event. Gradually, the significance and the consequences were impressed upon the public by the wide and intense media coverage of the event over a period of six years, from 1970 to 1976."
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The WorldCom Scandal, 2007.
This paper examines the ethical considerations behind the WorldCom scandal.
1,403 words (approx. 5.6 pages), 6 sources, MLA, AU$ 75.95
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Abstract
The paper provides an overview of the events surrounding the WorldCom scandal and discusses three ethical concepts of utilitarianism, Kantian ethics and discursive ethics. The paper shows how the company employed purposeful deceptive strategies to fool investors and other stakeholders into thinking the company was financially healthier than it truly was. The paper portrays how the Worldcom scandal is a prime example of unethical behavior driven by greed.
Outline:
Abstract
Introduction
Analysis of the Topic
Statement of Position
Arguments in Support of this Position
Conclusion
From the Paper
"In the 1990s, WorldCom was one of the leading players in the telecommunications industry. However, as the industry took a downturn, WorldCom's history of growth faltered and forced the company to eventually abandon a plan to merge with Sprint, in the latter part of 2000. With this downturn came a decline in WorldCom's stock prices. Between 1999 and May 2002, the organization utilized fraudulent accounting methods to hide their deteriorating financial condition. Then CEO Bernard Ebbers, CFO Scott Sullivan, Controller David Myers, and Director of General Accounting Buford "Buddy" Yates led this unethical strategy ("MCI Inc.", 2006)."
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Accounting Scandals, 2005.
A look at recent accounting scandals and their consequences to employees, investors, shareholder and ordinary consumers.
907 words (approx. 3.6 pages), 5 sources, APA, AU$ 52.95
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Abstract
This paper briefly describes the Citibank and Enron accounting scandals, the cost of and damages caused by the scandals and the current status of the companies involved.
From the Paper
"$2.65 billion. That is the amount the investment Citigroup agreed, less than a year ago, to pay to investors who had bought stock and bonds in the telecommunications giant WorldCom before its bankruptcy filing two years ago. If the adage that 'crime does not pay' is not always true, it is certainly valid when estimating the tremendous cost the WorldCom and Enron investing and accounting scandals have cost employees, investors, shareholder, and ordinary consumers. (Morgenstern, 2004)"
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Enron Scandal, 2004.
A look at the scandal from the public's point of view.
2,105 words (approx. 8.4 pages), 9 sources, MLA, AU$ 107.95
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Abstract
This paper aims to explore the shocking discoveries or revelations that have been made during the Enron scandal and its probable impact on accounting procedures, financial management responsibility, and government regulations. The paper concludes with a personal assessment of the shocking discoveries made in the course of the scandal.
From the Paper
"Enron?s stunning collapse has cost thousands of employees their savings and led to criminal and congressional investigation. Formed in 1985, Enron began as an energy company shipping natural gas through pipelines. In 1989, it entered the natural gas commodities market. In 1994, Enron started trading electricity contracts and soon became the largest US electricity trader. By the late 1990s, Enron had ventured into trading coal, paper and even telecom bandwidth. By this time, most of the Enron?s revenues came through trading. However this massive growth came crashing to a halt in October 2001 when the company made an unexpected announcement. It was worth $1.2 billion less than it had previously claimed ? largely due to debts and losses the company had attributed to separate investment partnerships it had created in the late 1990s, all remained unmentioned in the company?s books. Enron declared bankruptcy on December 2. Since then investigation has been going on about the knowledge that Enron?s management had but did not reveal regarding the partnerships. Partner in this accounting scam was Enron?s accounting firm and external auditors, Arthur Andersen who approved those financial statements."
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