Explore the nuances between ethics and fraud, famous fraud cases like Enron and Bernard L. Madoff Investment Securities LLC, and learn how to detect and prevent fraudulent activities within institutions. Recognize the importance of ethical behavior, early detection, and fraud prevention measures to

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Recent corporate scandals like Enron and Volkswagen emphasize the critical importance of ethics in business practices. This case study delves into the Volkswagen scandal, where the company was accused of rigging cars to cheat emission tests, leading to severe consequences. The response from VW's CEO

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Corporate governance is crucial for directing and controlling a company by balancing stakeholder interests. However, failures in governance can lead to disastrous consequences for businesses, as seen in cases like Enron and Satyam. Warning signs of governance issues include ineffective mechanisms, m

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