Accounting Essays | The Conflict Between Management And Employees Is Not Over

The conflict between management and employees is not over yet; it has been renewed after the accounting financial scandals, which happened in the aftermath of Enron collapse.

Directors are still trying to maximise the short-term profit of their organizations by exploiting empowerment and making employees do more work for nothing. Employee participation in internal auditing of the organization, which includes the accounting side and the non-accounting side, will improve the confidence between the two sides.

Employees and their trade unions should start putting pressure on the management in order to measure the contributions of labour that pay off beyond one accounting period and try to find ways of remunerating that labour. Increasing the confidence in the accounting data will sideline the middle and junior management, which is trying to put difficulties in the face of empowerment, and open the door open in the face of more democratic and fair corporations.

Our findings coincide with Hardy C.; Leiba-O'Sullivan S (1998) findings, eliminating the misunderstanding between the employees and the management will make the empowerment process succeed.

Reference:

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