Case Study – Ethics in Finance
Instructions: Write a paper outlining the ethical issues in the WorldCom case. Please include the references.
Resources: Case 2.3 “Fraud at WorldCom” in textbook + any outside articles you can find about the WorldCom accounting case
Outline: (some things you may include in your paper)
2. Case Overview
1. Did WorldCom commit fraudulent acts?
1. Apply the elements of fraud to the facts in the WorldCom case.
2. What were the ethical issues in the case?
1. Apply any ethical concepts/principles to the main players’ actions at WorldCom (Scott Sullivan, Betty Vinson, Bernie Ebbers)
3. An acquisition growth strategy is an accepted method to grow a business; however, what went wrong at WorldCom? What protections could have been made to prevent their downfall?
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