How to Avoid Corporate Scandals and White Collar Crime

Ethical Problems in Companies
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Ethical Problems in Companies > Forum > How to Avoid Corporate Scandals and White Collar Crime

How to Avoid Corporate Scandals and White Collar Crime
Jaap de Jonge, Management Consultant, Netherlands
I must have written it a dozen times by now: short term value creation (listening too much to financial markets and greedy investors) is a sign of poor leadership, is also the reason behind most white collar crimes and resulting corporate scandals, and was even the reason behind the last economic downturns.
White-collar crimes include things like bribery, cheating, embezzlement, fraud, money laundering.
Recently there have been corporate scandals at Alstom, Odebrecht, Petrobras, Rolls-Royce, Siemens, Telia, Teva Pharmaceutical, VimpelCom, Volkswagen, etc.

New research by Prof. Healy and Prof. Serafeim confirms that the root causes of these white-collar crimes and following corporate scandals ... Read more? Sign up for free
 

 
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