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Politics, Ethics and Social Responsibility of Business
book

Politics, Ethics and Social Responsibility of Business

by Usha, Bhanu;Krishna, K. V. Murthy
October 2010
Intermediate to advanced content levelIntermediate to advanced
232 pages
9h 1m
English
Pearson India
Content preview from Politics, Ethics and Social Responsibility of Business
178
| POLITICS, ETHICS AND SOCIAL RESPONSIBILITY OF BUSINESS
global economy of $30 trillion (based on 2001–2002 economic data). That estimate does not include the
embezzlement of public funds or the diversion of assets, which might double the total cost of corruption.
25.3 ANALYSIS
The f rst area to look for corporate frauds, therefore, is the operating system which may be weak and which
can be exploited. According to Professor John C. Coffee Jr. of Columbia University Law School, different
kinds of scandals characterise different systems of corporate governance. Corporate scandals, particularly
when they occur in concentrated outbursts, raise two serious issues.
1. Why do different types of scandals occur in different economies? ...
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Publisher Resources

ISBN: 9789332506497