When Good Companies Go Bad

When Good Companies Go Bad

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Corporations are in the business of making money. But when companies forget ethics, take operational shortcuts, or willingly endanger customers and the general public in their quest for profits, disasters of enormous magnitude can result. This book examines 100 of the worst cases of corporate greed and irresponsibility and poses the questions: Is it necessary or desirable to conduct business in this manner? Do the penalties and other punishments levied against these companies go far enough? And what is the government's responsibility for keeping corporate misdeeds in check? Coauthored by distinguished public policy experts, When Good Companies Go Bad: 100 Corporate Miscalculations and Misdeeds presents a representative sample of cases on a variety of topics, such as the financial sector, health care, environmental protection, product liability, and copyright. This broad introduction to the dark side of the corporate world focuses on events and scandals that resulted in substantial financial penalties, regulatory actions, or criminal convictions. The cases are presented in a readable and engaging format, making the book an illuminating and informative read for high school and college students as well as businesspeople, lawyers, journalists, and professors who teach American politics, public law, or public policy.Merrill Lynch chairman and CEO John Thain, left, and Bank of America chairman and CEO Ken Lewis shake hands following a news conference in New York on September 15, 2008. The acquisition of Merrill Lynch added to Bank of Americaa#39;s legal woes. (AP Photos/Bebeto Matthews) Merrill Lynch also contained an investment banking division. In the early 2000s, Merrilla#39;s CEO Stanley Oa#39;Neal sought toanbsp;...

Title:When Good Companies Go Bad
Author: Donald W. Beachler, Thomas Shevory
Publisher:ABC-CLIO - 2014-09-09

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