ACC 557 Week 4 Individual Assignment Ethics of Penn Square Bank and the Dow Corning Bankruptcy.pdf
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<strong>ACC</strong> <strong>557</strong> <strong>Week</strong> 4 <strong>Individual</strong> <strong>Assignment</strong> <strong>Ethics</strong> <strong>of</strong> <strong>Penn</strong> <strong>Square</strong> <strong>Bank</strong> <strong>and</strong> <strong>the</strong><br />
<strong>Dow</strong> <strong>Corning</strong> <strong>Bank</strong>ruptcy<br />
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<strong>Individual</strong> <strong>Assignment</strong>: <strong>Ethics</strong> <strong>of</strong> <strong>Penn</strong> <strong>Square</strong> <strong>Bank</strong> <strong>and</strong> <strong>the</strong> <strong>Dow</strong> <strong>Corning</strong><br />
<strong>Bank</strong>ruptcy<br />
Resources: This week’s Electronic Reserve Readings<br />
Agree to your <strong>Week</strong> 5 Learning Team Charter<br />
Conduct additional research, <strong>and</strong> <strong>the</strong>n answer each question in two 350- to 700-<br />
word responses<br />
<strong>Penn</strong> <strong>Square</strong> <strong>Bank</strong>: What were <strong>the</strong> ethical pressures on <strong>the</strong> firm concerning<br />
documentation, credit extension, <strong>and</strong> revenue recognition that lead to <strong>the</strong> final<br />
collapse? What should have been done to reduce or <strong>of</strong>fset <strong>the</strong>se pressures?<br />
<strong>Dow</strong> <strong>Corning</strong> <strong>Bank</strong>ruptcy: What were <strong>the</strong> business’ ethical challenges involved<br />
in filing bankruptcy for <strong>Dow</strong> <strong>Corning</strong>? Analyze <strong>the</strong> actions <strong>of</strong> <strong>the</strong> two parent<br />
companies, <strong>Dow</strong> <strong>and</strong> <strong>Corning</strong>, that represent <strong>the</strong> largest ethical issues.
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