List the companies that have faced ethical tragedies due the following failings in their ethical culture:
Answer to relevant QuestionsBefore the recent financial scandals and governance reforms, few corporate leaders were selected for their “virtues” other than their ability to make profits. Has this changed, and if so, why?1. Who was really to blame for the lax procedures found?2. How should this situation be remedied?3. How could the job done by the FDA be improved?4. J & J had lived under a positive halo due to their earlier recall of ...Explain why corporations are legally responsible to shareholders but are strategically responsible to other stakeholders as well.Descriptive commentary about corporate social performance is sometimes included in annual reports. Is this indicative of good performance, or is it just window dressing? How can the credibility of such commentary be ...1. Apparently Daimler executives were not concerned enough with personal sanctions to change the company’s bribery practices to comply with German and U.S. statutes. How can these attitudes be changed?2. What internal ...
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