Corporate Scandals: How Greed Consumed the American Dream Enron is not even at the top of the list. More and more corporate scandals are happening in America. Why have these scandals just shown up in recent years? What causes these corporations to lie and be deceitful towards investors? Though once seen as legitimate‚ fair‚ honest‚ and respectable‚ corporations have arrived at a stage of greed and deception. This can be explained by a number of factors such as the how the stock market works‚ the
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How could the ENRON scandal been avoided? The Enron scandal could have been avoided had they had an organizational culture of honesty‚ integrity and ethics 1. There should have been stronger management and better ethical oversight. Even employees should have had a sense of the expected ethical values and try to maintain a strong sense of organizational culture. 2. There should have been measures in place to oversee the activities of accounting firms (Arthur Andersen)‚ as they acted as both Enron’s
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Penn State and Second Mile Scandal Strayer University Public Relations May 2‚ 2014 Gerald “Jerry” Sandusky founded The Second Mile in 1977. The Second Mile is a nonprofit organization that was established to help young boys with disadvantage families and home environments. The foundation also provided support for their families as. The intent of the foundation was to assist youth with promoting self-confidence‚ also to assist in physical‚ personal and academic success. The organization
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Volkswagen (VW) “Dieselgate” scandal comes to light‚ the United States Environmental Protection Agency (EPA) started testing other automobiles on the road to ensure compliance of regulation. This leads to the exposure of Fiat Chrysler (FC) scandal and Renault scandal in 2017 (Bovens‚ 2017). Similar to VW‚ they were accused using a “defeat device” software to bypass laboratory test on nitrogen oxide (NOx) emission level. Such act of cheating and the increase in scandal draws attention to the importance
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SEARS‚ ROEBUCK‚ AND CO. THE AUTO CENTER SCANDAL History and Introduction of Sear‚ Roebuck‚ and Co. Sears‚ Roebuck and Co began in the 19th century and sold farm supplies and consumer items as a small mail order company. The first Sears retail store opened up in Chicago on the 2nd February 1925 in the building named the Merchandise. This store had included a soda fountain and an optical shop. The first detached and separate retail store opened up on the 5th October 1925 in a city called Evansville
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As soon as the payola case began in the 1950’s‚ it becomes a serious topic that some people begin to use to engage bribes. This includes millions of dollars getting stolen by bribes. One of the investigations is the payola scandal with Alan Freed and Dick Clark. This subject escalated throughout the year with these young jockeys. Payola is an illegal practice of a payment made to bribe someone into the broadcast if recordings to publish new songs. When the payola case is discovered‚ a
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The Critique of "The Abu Ghraib Prison Scandal: Sources of Sadism" In the article "The Abu Ghraib Prison Scandal: Sources of Sadism‚" Marianne Szegedy- Maszak discusses the horrifying acts of our American soldiers against the Iraqi detainees in the Abu Ghraib prison. The American guards photographed themselves torturing and humiliating the prisoners. Marianna presents the idea that maybe these few guards aren’t just a few bad seeds’ but in fact any average person would commit similar acts given
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The article‚ Ripping Off Young America: The College-Loan Scandal is an article casting light on the dire circumstance of the student loan market. The author‚ Mike Taibbi‚ is a notable journalist and columnist for Rolling Stone. A classic Bill Maher pundit‚ Taibbi wrote this article in August slamming the state of higher education and the dangerous upward spiral of tuition costs‚ and the government’s willingness to lend to increasingly risky borrowers. This article is a shock and awe campaign
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Part A - Research the Salt Lake City Olympics scandal and address specific issues that link to Bigtown’s situation. Upon reading the article‚ "The Big Business of the Olympics and Bribery‚ I can identify several items that are similar to the proposed arrangement for Bigtown’s mayor. First‚ it is unfair to offer contracts for city work to companies who can bring convention business. Not all companies may be able to bring convention business to the town at this time. Unfortunately‚ this would leave
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Los Angeles Police Department as it relates to police culture and several major incidents leading up to the Rampart Scandal. The police culture of a young LAPD ultimately seemed to linger and affect the LAPD of today. The lack of supervision and positive community interaction seemed to solidify the primitive police culture. The History of Police Culture Leading to the Rampart Scandal The Los Angeles Police Department is one of the biggest and most innovative police departments in the world that
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