Briefly describe the WorldCom scandal. Why what they did was wrong? Who (which stakeholders ) was hurt

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Briefly describe the "WorldCom" scandal. Why what they did was wrong? Who (which stakeholders) was hurt and who benefited from the action(s)? What about the leaders in this case...were they the cause of the scandals? Why do you think they did what they did? Next, examine their action through the lens of the Ethical Leadership materials that have been posted. What would have happened if they had acted in accord with some of those Leadership Principles and Philosophies?
Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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Intermediate Accounting

ISBN: 978-0176509736

10th Canadian Edition, Volume 1

Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,

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