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A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved some type of false or inappropriate accounting (see list at accounting scandals ).
WASHINGTON (Reuters) -The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave and its CEO Jason Wilk for alleged ...
A leaked video of UnitedHealth CEO Andrew Witty defending claim denials after Brian Thompson’s murder has sparked backlash. Critics argue the policy contributes to medical bankruptcies and lives ...
The head of UnitedHealthcare's parent company acknowledged Friday that America's health care system is flawed ‒ and he pledged his company would help fix it. The promise comes several days after ...
Uber has been criticized for its strategy of generally commencing operations in a city without regard for local regulations. If faced with regulatory opposition, Uber called for public support for its service and mounted a political campaign, supported by lobbying, to change regulations. [1]
Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]
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Unethical behavior can be intended to benefit solely the perpetrator, or the entire business organization. Regardless, participating in unethical behavior can lead to negative morale and an overall negative work culture. [41] Examples of unethical behavior in business and environment can include: [42] Deliberate deception; Violation of conscience