
Chapter 1
Business Ethics: An Overview 13
components, discriminating prices, management’s collusion with union leadership, FEMA
violations, insider trading, lack of transparency, lack of integrity and unfair presentation
of
nancial statements, feeding top managements only with information they want to hear,
window dressing of balance sheets, backdating of contracts, manipulation of prot and loss
accounts, hedging and fudging of unexplainable and inordinate expenditures and resorting to
suppressio veri, suggestio falsi, and continuous upward revaluation of assets to conceal poor
performance,
etc. These are only the tips of the iceberg. ...