Tuesday, April 24, 2012

Shocking to see some of the best companies in the news recently for wrong reasons

Some of the best companies are in the news recently for wrong reasons.

Washington Post article on Walmart bribery charges

Infosys is under investigation for fraud charges

Is Goldman Sachs cheating customers?

These companies (i.e. Top management) are suspected to have demonstrated unethical behavior. These companies are growing their customer base and expanding into emerging and developed economies.

Are rapid growth and greed causing the top management to ignore ethical practices?

Do these companies have ethics and compliance departments? If so, what role these departments play in preventing such unethical behavior?

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