Search results
Results from the WOW.Com Content Network
A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved some type of false or inappropriate accounting (see list at accounting scandals ).
Not all accounting scandals are caused by those at the top. In fact, in 2015, 33% of all business bankruptcies were caused by employee theft. [16] Often middle managers and employees are pressured to or willingly alter financial statements due to their debts or the possibility of personal benefit over that of the company, respectively.
In 2012, President Benigno Aquino said that, according to Transparency International, the factors driving the progress in the Philippines' Corruption Perception Index scores at that time were improved government service and reduced red tape. [8] Between 2012 and 2014, the Philippines's score rose from 34 to its highest-ever score of 38. [9]
For premium support please call: 800-290-4726 more ways to reach us
Toshiba Corp's (6502.T) chief executive Hisao Tanaka and a string of other senior officials resigned on Tuesday for their roles in the country's biggest accounting scandal in years. Tanaka will be ...
The Securities and Exchange Commission (SEC) filed criminal charges against Kapa-Community Ministry International and its executives, citing an investment scam. [7] [8] President Rodrigo Duterte was the first government official to announce the legal actions, doing so on June 8, 2019, when he ordered the National Bureau of Investigation (NBI) to shut down Kapa.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverup Sydney Lake December 11, 2024 at 1:52 PM