What Are Some of the Specific Types of Unethical and Illegal

question 86

Essay

What are some of the specific types of unethical and illegal activities, other than insider trading, which occur within the financial markets (securities and bonds) or financial services (e.g., the insurance business)? Why does finance crime represent an especially potent threat to society?

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Definitions:

Factory Machine Hours

A measure of production time, indicating the total hours that machinery is operated in the manufacturing process.

Power Costs

The expenses incurred by a company for the electricity or energy used in its operations.

Sales Price

The amount of money for which a product or service is sold to the customer.

Contribution Margin

The amount by which sales revenue exceeds variable costs, contributing to covering fixed costs and profit generation.