Effect of Unethical Behavior Article Analysis Essay

Effect of Unethical Behavior Article Analysis - Essay Example ituations are critical to be accurately identified and resolved to avoid any fraudulent activities like exploitation of financial statements, inside trading, kickbacks, etc by the companies and to make them abide by the accounting laws. As like modesty and ethics, obedience is also top of the list trait taught to younger generation by the elder ones. They are tamed to obey the authorities: parents in the beginning, later teachers and ultimately the Boss! One of the traps employees mostly fell into is â€Å"follow what your boss is saying†. They are pressured by the boss to behave in an un-ethical manner and tamper the numbers to overestimate company’s value. The most damaging trait found in many people, whether they are aware of it or not is the inability to work with patience and view any problem or judgment from different angles. They want definite answers and jump to conclusions based on the first thing that comes to their minds. Strict work conditions such as time stress, fatigue, and etc work as a fuel to fire. Under such circumstances the employees are at high risk of taking short cuts and behave unethically by ignoring and not fully analyzing the facts. Many a time’s exploitation of the financial facts is done in greed to gain benefits for the individual, company or for both. There might be some large percentage of shares involved for the individual from the benefit the company as a whole will receive because of the unethical activities. Where else sometimes, the employee has to â€Å"cook the books† out of his own interest as it’s for company’s benefit. In any case it is done as to gain benefit without pointing a gun at someone and without anyone getting hurt. The white collar nature of this crime makes it very tempting for individuals and companies. Over estimating company’s ROI (return over investment), Equity, Etc involves ample interest of company’s owners. This provides them with the opportunity to attract more investors to invest in