TASK
V. Conclusions: Use this section to suggest corrective actions, based on your analysis, that address the legal and ethical violation(s) in the case study and help keep such behavior from occurring again. Specifically:
A. What, if anything, would you do differently to mitigate the risk factors identified in your fraud triangle analysis? Justify your response, stating the specific recommendation(s), your reason for suggesting it, and the expected outcome.
B. Suggest corrective actions designed to balance business strategic and financial goals with legal and ethical requirements. Justify your response, stating the specific recommendation(s), your reason for suggesting it, and the expected outcome.
C. Suggest actions the company might take to foster a culture of corporate social responsibility and regain public trust. Justify your response, stating the specific recommendation, your reason for suggesting it, and the expected outcome.
D. Assess the economic costs and benefits of instituting your recommended changes and complying with new regulatory environments. In particular:
1. What are the costs and challenges associated with implementing your recommendations in general terms? Do the benefits outweigh the costs? Justify your response.
2. How do the costs and benefits of new regulatory environments impact financial decision-making, even in companies that are behaving
ethically? Justify your response, citing relevant industry research. In other words, what will it cost companies in the industry to comply
with new regulations that may arise in response to the unethical behavior in the case? What are the benefits to having these types of
new regulations? You may find it helpful to use a recent regulatory change, such as the 2012 Dodd-Frank Act, to help ground your
