Business Scandals, Corruption, and Reform: An Encyclopedia

Business Scandals, Corruption, and Reform: An Encyclopedia

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Since the dawn of civilization, corruption has had a perpetual impact on the world's economies. In the modern, technology-enabled, global economy, the effects of those who manipulate free-market capitalism for their own gains regardless of methodology continue to be a problem, despite reforms instituted to attempt to discourage the most blatant practices. Business Scandals, Corruption, and Reform: An Encyclopedia contains more than 300 entries that describe the myriad aspects of corruption, business scandals, and attempts at reform, providing not only detailed information about specific accounting scandals and earnings manipulation but also a broad examination of the entire history of business corruption throughout human civilization. Reviewing all the major scandals from tulip mania in the early 17th century to the subprime mortgage crisis of 2008 and beyond, the author illuminates how corrupt actors in business and the attempts to eliminate these types of abuses have been instrumental to the developing institutional framework of free-market capitalism.The run on gold led to a stock market crash on May 5, 1893, Wall Streeta#39;s worst day until the 1929 crash. ... and Depressions: Understanding Business Cycles. 2nd ed. Santa Barbara, CA: Greenwood, 2010. Siry, Stephen. a€œPanic of 1893.

Title:Business Scandals, Corruption, and Reform: An Encyclopedia
Author: Gary Giroux
Publisher:ABC-CLIO - 2013-07-12

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