014). For that, Myrter and Castle Cheese employees should not be held accountable for adding cellulose, when it is perfectly allowed by the FDA.
As for the Listeria issue, in this case, all the blame should not fall into the hands Michelle Myrter. For example, the FDA sent inspectors to Castle Cheese, the inspectors found Listeria on their property (Beach, C. 2016). The FDA states that Castle Cheese continued to manufacture fake and real cheese products from March 22, 2012, through November 9, 2012 (Beach, C. 2016). The problem that I have is, why did the FDA continue to let Castle Cheese produce products if they knew that Castle Cheese hasn’t fixed their Listeria problem.
There are a couple good reasons that show why executives should not …show more content…
Business decisions around the United States would be more focused on prison sentences that occur in the future; instead of focusing more on having good business principles (“BRIEF FOR AMICI CURIAE THE NATIONAL ASSOCIATION OF MANUFACTURERS AND THE CATO INSTITUTE SUPPORTING APPELLANTS AND REVERSAL”). You cannot put executives behind bars just because employees committed fraud if that happens businesses will shut down and the economy will constrict. The second reason is, in the article "The Role of Government in Corporate Governance,” (2004) it states that public and government officials have developed a “lynch-mob …show more content…
For example, Michelle Myrter may only receive one year in prison, and or a $100,000 in fines for her role in the fraud and Listeria case (Beach, C. 2016). Let that sink in, she could only receive one year behind bars, for ripping off stores around the country, and potentially getting people sick. An excuse that food executives usually have when they are finally caught is, “it was less costly for corporate defendants to produce cheap, fake cheese while customers paid premium prices for real cheese” (Mulvany, L. 2016). This shows that executives are more worried about cutting costs, instead of the good of the people. In the article “SEC CHARGES ARIZONA-BASED HEALTH FOOD COMPANY AND FORMER EXECUTIVES WITH ACCOUNTING FRAUD,” (2011) the Securities and Exchange Commission (SEC) charged three NutraCea executives for their roles in committing fraudulent activity of inflating sales revenues. The three executives who are Bradley Edson, Todd Crow and Margie Adelman falsified NutraCea revenues in order to meet earnings and gross sales expectations for 2007 (2011). Just like Michelle Myrter, the executives did not face jail for their fraudulent activities. For example, Bradley Edson was only fined a $100,000 by the court; and he agreed “to a permanent officer and director bar” (2011). Heavy prison time should be one of the
As for the Listeria issue, in this case, all the blame should not fall into the hands Michelle Myrter. For example, the FDA sent inspectors to Castle Cheese, the inspectors found Listeria on their property (Beach, C. 2016). The FDA states that Castle Cheese continued to manufacture fake and real cheese products from March 22, 2012, through November 9, 2012 (Beach, C. 2016). The problem that I have is, why did the FDA continue to let Castle Cheese produce products if they knew that Castle Cheese hasn’t fixed their Listeria problem.
There are a couple good reasons that show why executives should not …show more content…
Business decisions around the United States would be more focused on prison sentences that occur in the future; instead of focusing more on having good business principles (“BRIEF FOR AMICI CURIAE THE NATIONAL ASSOCIATION OF MANUFACTURERS AND THE CATO INSTITUTE SUPPORTING APPELLANTS AND REVERSAL”). You cannot put executives behind bars just because employees committed fraud if that happens businesses will shut down and the economy will constrict. The second reason is, in the article "The Role of Government in Corporate Governance,” (2004) it states that public and government officials have developed a “lynch-mob …show more content…
For example, Michelle Myrter may only receive one year in prison, and or a $100,000 in fines for her role in the fraud and Listeria case (Beach, C. 2016). Let that sink in, she could only receive one year behind bars, for ripping off stores around the country, and potentially getting people sick. An excuse that food executives usually have when they are finally caught is, “it was less costly for corporate defendants to produce cheap, fake cheese while customers paid premium prices for real cheese” (Mulvany, L. 2016). This shows that executives are more worried about cutting costs, instead of the good of the people. In the article “SEC CHARGES ARIZONA-BASED HEALTH FOOD COMPANY AND FORMER EXECUTIVES WITH ACCOUNTING FRAUD,” (2011) the Securities and Exchange Commission (SEC) charged three NutraCea executives for their roles in committing fraudulent activity of inflating sales revenues. The three executives who are Bradley Edson, Todd Crow and Margie Adelman falsified NutraCea revenues in order to meet earnings and gross sales expectations for 2007 (2011). Just like Michelle Myrter, the executives did not face jail for their fraudulent activities. For example, Bradley Edson was only fined a $100,000 by the court; and he agreed “to a permanent officer and director bar” (2011). Heavy prison time should be one of the