Examlex
Research into the effectiveness of organizational development programs indicates that
Accounting Scandal
A situation where a company or individual engages in fraudulent practices to manipulate financial statements or reports for personal or corporate benefit.
WorldCom
A major telecommunications company that was implicated in a massive accounting scandal in the early 2000s, leading to its bankruptcy and substantial financial market repercussions.
Enron
was a U.S.-based energy company that collapsed in 2001 due to one of the largest accounting fraud scandals in history.
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