This article will respond to the case study written by Morgan and Burnside (2014) that examines the Olympus Financial Fraud. The case study revolves around the Japanese company, Olympus, and how the Japanese culture played an important part in fostering the fraud. While the blame should be directed to the […]
Tag: scandal
Volkswagen’s Strategy 2025 Review
Introduction Almost every recent book about business ethics has mentioned the story of the Volkswagen emission scandal as a real ethics violation case to study. The magnitude of this case was not only hurt the brand but the overall operation of the company. The company had to pay more than […]
Conflict of interest in the case of Enron and Arthur Andersen
There are various conflict of interest in the case of Enron and Arthur Andersen scandal, and they came from various fraudulent ways. Giroux (2008) listed some of them: the huge executive compensation incentive packages maintained by manipulation, self-dealing hidden partnerships and agreements, accommodating the auditor in Arthur Andersen as well […]