Corporate Scandals

Corporate scandals refer to unethical or illegal activities conducted by corporations or their executives that lead to significant public outrage, loss of trust, or financial harm. These scandals often involve issues such as fraud, corruption, accounting irregularities, insider trading, or exploitation, and can affect various stakeholders, including employees, investors, customers, and the broader community. When corporate scandals come to light, they can result in legal consequences, regulatory changes, a decline in stock prices, and reputational damage to the involved companies. Such events often prompt discussions about corporate governance, ethical practices, and the responsibility of businesses towards society.