This week on the Wake-Up Call, Rick Moore is joined by Bill Pratt, PVCC Assistant Professor of Business and vice president of The Money Professors. Topics discussed include how to work towards financial security, the difference between “approved” and “afford,” and how to interpret your credit report.
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?