In todayvDj(tm)s show, adapted from an article published on the Oscar web site written by Melissa Maki, we look at business ethics and strategy through the eyes of Jared Harris, assistant professor at the University of VirginiavDj(tm)s Darden School of Business and his search for the answers to these questions:
vDjnjWhat motivates a company to cook the books? AND What happens to businesses that get caught committing financial fraud?vDjkj
Arthur AndersonvDj| EnronvDj|The Mortgage Loan Crisis, these names and events are synonymous with corporate malfeasance. They symbolize a loss of business ethics that occurred when financial profits were prioritized above all else, even to the long-term detriment of the firm. So, what motivates a company to cook the books? And what happens to businesses that get caught committing financial fraud?
For more information about the show or to see the full text, visit the Oscar ShowvDj(tm)s blog.