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- Corporate Malfeasance has earned a place among the defining themes of the last decade -and - a half, helping give birth to the present global recession and financial crises. The following companies were recently involved in corporate scandal relating allegations of unethical behaviour by individuals acting within or on behalf of the corporation, these corporate scandals predominantly involve financial fraud of some sort. A wave of such scandals swept many companies in recent times. The following international company were recently involved in financial and accounting scandals. Tyco - New Jersey based blue chip Swiss Security Systems REQUIRED: a) How did it happen or how was it done? b) How did it come to light or how were they caught? c) What penalties were slapped on the companies? d) What recommendations can you make to prevent such scandals from reoccurring?Corporate Malfeasance has earned a place among the defining themes of the last decade and half, helping give birth to the present global recession and financial crisis. The following company was recently involved in corporate scandal relating allegations of unethical behavior by individuals acting within or on behalf of the corporation. This corporate scandals predominantly involves financial fraud of some sort. A wave of such scandal swept many companies in recent times. The following top international company was recently involved in financial and accounting scandals. WorldCom Telecommunications REQUIRED: How did it happen or how was it done? How did it come to light or how were they caught? What penalties were slapped on the companies? What recommendations can you make to prevent such scandals from reoccurring?Read the article posted in this module titled "Confucius on Management: Understanding Chinese Cultural Values and Managerial Practices" and watch this short (4:29) video: https://www.youtube.com/watch?v=wFt_VGG0kJU Choose one of Confucius's teachings and describe how that principle relates to your personal ethical perspective. Does it support your perspective or contrast with your perspective? How does this principle compare to one of the other ethical perspectives covered in Chapter One (Utilitarianism, Altruism, etc.)? Is it quite similar or quite different? Be sure to cite your sources.
