Friday, June 7, 2019
The Corporate Culture Essay Example for Free
The Corporate Culture EssayA six-year legal battle involving the jailed father-son duo who headed now-defunct Adelphia Communications has ended after prosecutors withdrew tax fraud charges cerebrate to their earlier conviction in a $1. 9 billion fraud case. Prosecutors utter they withdrew the tax-related charges Wednesday against the Pennsylvania cable companys founder John Rigas and his son Timothy because they werent credibly to end in substantial additional jail time or restitution. Proceeding with the case wouldnt be a prudent expenditure of prosecutorial resources, authorities said. government alleged in 2005 the Rigases had committed tax fraud when they failed to pay income tax on the proceeds of the fraud they were convicted of in New York a year earlier. The condition executives fought the case on the grounds it amounted to double jeopardy. Both men are already in jail stemming from the collapse of the company in 2002 after prosecutors said John Rigas, 87, and Timoth y Rigas, 55, failed to report nearly $2 billion in liabilities. John Rigas has seven years left on his 12-year sentence, while Timothy Rigas isnt evaluate to be released until 2022.Meanwhile, prosecutors said the family spent lavishly on itself, ordering 100 pairs of slippers for Timothy Rigas and spending more than $3 million to produce a get by John Rigas daughter. Defense attorney Larry McMichael welcomed the end of the long court battle. This case never should have been brought, he told The Patriot-News of Harrisburg. The analysis should include the following A short description of case identification of the ethical issues involved (what was the alleged ethical revile done, and why is/was it wrong? A statement, in their own opinion, of whether it was wrong or not, and more importantly, why?Thoughts on what could have been done to avoid the problem do we need more laws government regulation? What internal controls capability have prevented this situation? Was the problem mo re a matter of individuals gone wrong, or was it more systemic and organizational? Provide 3-5 APA style references both inline and at the end of the paper to support your analysis. Please write in 3rd person. Note This is your opportunity to demonstrate your knowledge of the weeks theory colligate to personal opinion and outside evidence.
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