Business Atlas

How Enterprise Is Built
Sign In
Text size
100%
Theme

Corporate Fraud and Financial Scandals

Named events in which a company or its executives engaged in accounting manipulation, bribery, market manipulation, a Ponzi scheme, or other deliberate deception of investors, regulators or customers, including falsified financial statements, rigged benchmarks, undisclosed bribery and fabricated test results. Belongs here: any event whose defining act is intentional deception rather than an ordinary business failure or a product safety lapse. Does not belong here: a bankruptcy or collapse with no central element of deception, grouped under Bankruptcies and Collapses, and a product recall or safety incident with no element of deliberate concealment, grouped under Product Safety and Operational Crises.

Facts
Comparison
Originating Era
1949 1
Browse By
Sources
1. Wikipedia: Corporate crime
WikipediaCorporate crime, Recognition section
Quote, Corporate crime, Recognition section
corporate crime was not officially recognized as an independent area of study until Edwin Sutherland provided a definition of white-collar crime in 1949
View the Source
Comments (0)
No comments yet. Be the first to share a thought.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.