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corporate corruption - Coggle Diagram
corporate corruption
Forms of Corporate Corruption
Embezzlement
Insider Trading
Money Laundering
Fraud
Tax Evasion
Bribery & Kickbacks
Exploitation
Price Fixing & Cartels
Combating Corporate Corruption
Strong internal controls and compliance programs.
Independent audits and transparent reporting.
Whistleblower protection and ethical hotlines
Government oversight and regulatory enforcement
Corporate social responsibility and ethical leadership
Famous Corporate Corruption Scandals
Enron (USA)
Volkswagen (Germany)
Satyam (India)
Wirecard (Germany)
Wells Fargo (USA)
Impact of Corporate Corruption
Erosion of public trust in capitalism
Damage to company reputation and brand value
Legal penalties, fines, and imprisonment
Loss of jobs and shareholder value
Environmental and social harm