Liability and Punishment for CEO's - Ethical Considerations

In today?s world, chief operating officer?s of major corporations or organizations have tremendous pressure level on them to meet expectations and succeed. They ar responsible for making the toughest decisions that imply numerous good deal. CEO?s often struggle with decisions because own(prenominal) successes and morals confront each(prenominal) other. Normative ethics are grand for CEO?s because their actions have an effect on populate?s lives. Recently, WorldCom CEO Bernard Ebbers was sentenced to jail for 25 years because a jury command that he was responsible for an 11 one million million dollar accountancy fraud. His actions caused his cooperation to go bankrupt, which was at the time the largest loser case in U.S. history (Lazarus, 2005). Ebbers claimed he did not subsist what was going on, and others were to diabolic because he merely delegated tasks. Many people lost their jobs, many lost all of their savings bind to WorldCom stocks, and millions of people were alter by the actions that he made. His decisions were strictly financial decisions and they appeared to be in his best interest only. The question and so becomes, was Ebbers liable and did he deserve to go to jail? near would say he made a business faulting and it ended up hurting his career, but jail was also harsh. Ebbers deserved to go to jail and deserved to be punished for his unethical decisions. Ebbers deserved to go to jail because he egocentricly chose to feat the salutarys, and turn out the consequences of the people he was going to affect. He had a traffic to protect the contractual rights of his shareholders and partners. He deliberately deceived these people for selfish reasons and essentially stole from them. Ebbers actions illustrated he knew what was right and wrong and he knowingly made decisions that would hurt more than people than help. As the Chief Executive... If you want to get a full essay, ball c lub it on our website: OrderCustomPaper.com

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