Corporate Scandals

Corporate Scandals 
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Abstract
All corporate scandals ever reported result from lack of adherence of the business ethics and social morals within the environment where they are situated. The scandals vary in degree based on their effect on the lives of the employees and other stakeholders in the business. The article evaluates the common themes in the top 25 corporate scandals in the world and the extent of damage they have caused to the environment, people’s health and the economy. Corporate scandals that have affected the environment have led to devastating effected to their surrounding thus affecting people living within. Those that have led to economic losses have emptied pockets mostly for the low-income and individuals in the middle-class aspiring to invest and improve their financial status. Lastly, some of the corporate scandals have led to the deaths of thousands of employees and several other people caught up in the midst of the scandal. Despite the strict measures set in place to prevent more scandals and severe punishment on those caught, most firms still engage in unethical business practices and behavior with the aim of reaping more profits at the expense of the health of the workers and the environment.
Keywords: corporate, scandal, business ethics, social morals, environment

Corporate Scandals
The consequences of corporate scandals have not been limited to only financial losses but also deaths of thousands as in the c…