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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 ).
The list is organized by office. The criminal statute(s) under which the conviction(s) were obtained are noted, as are the names of notable investigations, scandals, or litigation, if applicable. The year of conviction is included (if the official was convicted multiple times due to retrials, only the year of the first conviction is included).
Pages in category "Corporate scandals" The following 181 pages are in this category, out of 181 total. ... Statistics; Cookie statement; Mobile view ...
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Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]
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. [14] 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.
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Wired, The New York Times, and The Observer reported that the data-set had included information on 50 million Facebook users. [35] [36] While Cambridge Analytica claimed it had only collected 30 million Facebook user profiles, [37] Facebook later confirmed that it actually had data on potentially over 87 million users, [38] with 70.6 million of those people from the United States. [39]