CASE STUDY $1-$ BUSINESS IRRESPONSIBLE BEHAVIOUR$-5\%$

Examples of American$/$International Business Scandals

$$ Enron $(2001)$ accounting fraud

$$ Worldcom $(2002)$ accounting fraud

$$ Madoff Investment Securities $(2009)$ Ponzi scheme

$$ BP Oil Spill $(2010)$ oil spill in Gulf of Mexico

$$ Barclays Bank $(2012)$ libor rate scandal

$$ Rana Plaza collapse, Bangladesh. $(2013)$ unsafe working conditions

$$ Petrobras, Brazil $(2-15+)$ widespread bribery

$$ Volkswagen $(2015+)$ cheating on emissions tests to avoid standards

$$ Vale$/$BHP $(2016)$ dam collapse in Brazil

$$ Wells Fargo $(2016)$ false bank accounts

$$ General Motors $(2016)$ delay in recalling faulty ignition switches

$$ United $(2017)$ forcibly removing person from flight.

$$ Facebook $(2018)$ data breach, in particular Cambridge Analytica

$$ Boeing $(2019)$ the handling of faults in the $767$ Max aircraft that appears to have caused crashes.

Examples of Canadian Business Scandals

$$ Bre$-$X $(1997)$ fraudulent gold deposits

$$ Nortel Networks $$ aggressive accounting practices

$$ Bombardier $($last ten years$)$

$$ SNC Lavalin $(2012)$ bribery and corruption

$$ Lac$-$M$$gantic railway derailment $($X$)-$ destroyed town$$s downtown core and killed $47$ persons

$$ Algo Centre Mall, Elliot Lake, ON $(2012)$ collapse of mall killing two and injuring $20$ persons.

$$ Briefly describe a scandalous incident.

$$ What kind of business structure?

$$ What were the ethical issues involved?

$$ Make a list of stakeholders affected by the incident.

$$ What were the consequences for stakeholders?

give me answer of the above following questions according to only one example of scandal out of these ones