Affiliation:
1. Marymount University, USA
Abstract
This case study examines the hypothetical company ParmaWell, a prominent pharmaceutical company known for its commitment to ethics and compliance. Although the case study narrates a fictitious pharmaceutical company, the organizational ethical challenges may be delineated in most public and private sector organizational settings. This case study examines the ethical culture and governance mechanisms related to financial risk management practices and the potential for organizational contagion. The case study provides detailed recommendations relative to advanced knowledge in organizational management, enterprise risk management (ERM), problem-solving models, and innovative solutions to address a problem of practice that may apply to many organizational settings.