Corruption in Corporate America - 797 Words

Corruption in Corporate America As said in every economics class, the reason every business goes into business is to make money. The same can be said in criminal cases involving businesses. In the majority of cases, executives and people highly ranked in the company tend to bend the numbers in the financial/accounting areas of the business or corporation. They do not do this for fun, but rather to make money. Something needs to be done before corporations really get out of hand. Thankfully, after the Enron Corporation scandal, the government has recently started to crack down on corporations and pay more attention to what they are doing. This is due to the extent of what Enron Corp did for so long. From approximately 1996 to 2001,†¦show more content†¦I feel that the people who commit these crimes are just overwhelmingly greedy and cannot control themselves. If they were able to build up the company, they obviously are intelligent minds and more than likely already have a si gnificant amount of money. Something needs to be done, especially when so many people are affected. Millions of people lost so much money and too many lost their life savings just because the people at the top of Enron were greedy. It seems as though the government is taking small steps in the right direction. However, I feel that more needs to be done especially because some of these companies are funding and supplying potential terrorists. That is just outrageous and shows the extent of what people will do to make money. This is difficult to control and monitor but more steps need to be made. Hopefully the politicians and others of the future will recognize this ever-growing problem and solve it for the companies toShow MoreRelatedCorporate America And The Corruption Within The Hip Hop Culture1625 Words   |  7 PagesCorporate America and the Corruption within the Hip-Hop Culture Being one of the more controversial lifestyles, the hip-hop culture has overcome many obstacles in the years to gain the respect it currently holds today. Indeed, there is still much controversy that lingers around the people within the movement, but â€Å"when untainted by outside influences and corporate vultures, hip-hop in its purest form is about empowerment, unity, culture, creativity, and hope† (Elkouby). The negative notions thatRead MoreScandal In Corporate America: An Ethical, Not A Legal, Problem921 Words   |  4 PagesAre businesses in corporate America making it harder for the American public to trust them with all the recent scandals going on? 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