Journal of Legal, Ethical and Regulatory Issues

Articles from Vol. 16, No. 2, July

Accounting Educators and Practitioners' Perspectives on Fraud and Forensic Topics in the Accounting Curriculum
INTRODUCTION Preventing and detecting fraud in organizations continue to be problematic for the accounting profession based on the number of reported fraud cases and statistics. It is estimated that a typical organization loses five percent of its...
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Anatomy and Impact of Bribery on Siemens AG
INTRODUCTION FCPA was enacted by the US congress in 1977 (amended in 1988 and 1998) in response to allegations that major U.S. corporations were bribing foreign government officials, politicians and political parties to attract business and to gain...
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Corporate Social Initiatives in the Philippines: Experiences of Four Major Corporations
INTRODUCTION Noted CSR scholar Archie Carroll (1991) says that businesses have four responsibilities: economic, legal, ethical, and discretionary (or philanthropic). While society might expect businesses to fulfill all of these responsibilities...
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Environmental Accounting of Small and Medium-Sized Entities Following the 2011 Tohoku-Pacific Ocean Earthquake
INTRODUCTION The Japanese people listened to the following message from His Majesty the Emperor on March 16, 2011: I am deeply saddened by the devastating situation in the areas hit by the Tohoku-Pacific Ocean Earthquake, an unprecedented...
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Law and Accounting: Did Lehman Brothers Use of Repo 105 Transactions Violate Accounting and Legal Rules?
INTRODUCTION This article addresses both U.S. accounting standards and U.S. law by providing an analysis of repurchase agreements as used by the investment firm Lehman Brothers. The specific questions addressed are whether Lehman Brothers violated...
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The Economic, Legal and Ethical Philosophy of Frederic Bastiat
INTRODUCTION Frederic Bastiat (1801-1850) was a French political economist and journalist. He was a member of the French Liberal School, also referred to as the Optimist School (Cossa, 1893, 376-382; Gide & Rist, 1948, 329-354). Skousen (2001,...
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The Federal Government's War on Marriage AKA the Marriage Penalty Tax: Unfair to Individuals and Harmful to Society
INTRODUCTION Research studies on public policy such as tax and transfer programs have revealed their negative impact on marital stability. One of the most negative aspects of tax law is the marriage penalty tax (MPT). The current study analyzes...
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