Ethics and Compliance Paper

Ethics and Compliance Paper

The Walt Disney Company was founded in 1923. It has been the mission for Disney and its affiliated companies to produce unparalleled entertainment experiences based on the rich legacy of quality creative content and exceptional storytelling (The Walt Disney Company, 2010). For over eight decades the name Walt Disney has successfully entertained families to the extent the family’s desire more from the organization (The Walt Disney Company, 2010). Walt Disney started in a small cartoon studio in the 1920s and has grown to become a global corporation providing quality entertainment for all family members in the United States, and around the world.

Within this paper one will find information about the ethical behavior practices and processes Disney uses to comply with SEC (Securities and Exchange Commission) regulations. Additionally this document will cover the overall ethics and business standards of Disney. Additionally, the financial performance over the past two years will be covered.. Calculations will show the ratios for current, debt, return on equity, and day’s receivable. The trend for each ratio and what it tells us about the organization’s financial health will be revealed as well.

Ethical Behavior Practices

The Walt Disney Company prides itself on being the best when concerned with business standards and practices. The company requires all employees to attend business standards and ethics training. Prior to the training, all new Disney employees receive a welcome letter that includes information informing the new employees about trust the general public has in the company. This trust is built on Disney’s commitment to the people, and because of the standards to which the company holds themselves. The letter includes additional information letting the new employee know what is expected of him or her in the area of ethics, responsibility, relationships, high standards, and business conduct. In addition,...