Here is the synopsis of our sample research paper on SPRINT, TAX SHELTERS AND ETHICAL DECISION MAKING. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 7-page paper covers the ethical behavior (or lack thereof) of Sprint and auditor Ernst and Young in terms of early 2000 exercises of options. Bibliography lists 1 source.
Page Count:
7 pages (~225 words per page)
File: D0_MTspreth.rtf
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Unformatted sample text from the term paper:
maker (defined here as a company, management team or single executive) faces a decision involving a moral choice, with the choice being both a good business decision and ethically justified.
In this case, "ethically justified" means the decision-maker can defend it from both economic and moral points of view. In this case,
well examine a relationship that was good, but that went sour, between audit/accounting Big Five company Ernst & Young and its advice to Sprint on tax shelters dealing with options.
Well examine what the executives from Sprint ended up doing, and how ethical it was from the point of view of the company and its stakeholder.
We chose this particular assignment because theres already an ethical component built into it -- it discusses the theory of Integrative Social Contracts (ISCT), noting that
ISCT offers an ability to justify why a particular decision was made, and the quality of a particular ethical decision as well (Verrault et al, 2004). An overview of the
situation During May 2003, 38 percent of Sprint shareholders voted to fire Ernst & Young as Sprints auditors, mainly because of concerns
about tax shelters offered by E&Y to Spring executives (Verrault et al, 2004). Earlier that year, the Wall Street Journal, among other publications, reported that two key executives of Sprint
were forced out because they used a "questionable" tax shelter to avoid taxes on gains that were obtained from exercises of options that had been received in 1999 and 2000
(Verrault et al, 2004). The two executives were William Esrey (chairman and CEO) and Ronald LeMay (president and COO), and both were involved in transactions worth more than $100 millions
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