Taking a Closer Look at Crooked Corporations Essay

1440 Words 6 Pages
In the work place today records show a study of unethical behaviors taking place in the area of professional organizations. This has been a growing problem among a different variety of businesses and corporations. The problem with these issues being brought to the public is that it brings a negative outlook on the company as a whole. The words “crook” and “fraud” have been slanted towards some of our countries fortune five hundred companies and most respected business partners in the market. There are many reasons as to why these fraudulent acts are now relevant to the Medias eye, but none of them are helping these businesses reputation of leadership within corporations. Issues such as Improper handling of funds /theft, mistreatment of …show more content…
In the work place today records show a study of unethical behaviors taking place in the area of professional organizations. This has been a growing problem among a different variety of businesses and corporations. The problem with these issues being brought to the public is that it brings a negative outlook on the company as a whole. The words “crook” and “fraud” have been slanted towards some of our countries fortune five hundred companies and most respected business partners in the market. There are many reasons as to why these fraudulent acts are now relevant to the Medias eye, but none of them are helping these businesses reputation of leadership within corporations. Issues such as Improper handling of funds /theft, mistreatment of employees both socially and verbally and bullying are most popular among topics.
IT Fraud (computers), Identity Fraud, Manipulation of Accounts, and Petty Fraud (harmless but relevant) are the categories of fraud. Forty eight percent, which is almost half of the companies surveyed in a recent survey by PricewaterhouseCoopers reported being victims of fraudulent acts. The average cost for this is one point seven billion dollars in mishandled funds. This is the number one issue today in the work place. New York Times, Washington post, USA today, and Los Angeles times are some of the main attractions to these unlawful acts. When some of the most world renowned newspaper companies send these articles viral it hits companies and individual
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