how does government corruption affect business?
please answer this as soon as possible :)
please because this is my assignment
- Joe HeatonLv 77 years agoBest Answer
Corruption affects ALL.
But in truth - CORPORATE CORRUPTION affects EVERYONE the most - including Government.
Examples of Corporate Corruption....
- Lincoln Savings
- World Com
- Hedge Funds
- The Banking crisis of 2008
.... these are a small sampling of Corporations that have screwed Americans out of a combined --MULTIPLE-- TRILLIONS of dollars ..... that the GOVERNMENT had to make right.
ENRON is an especially significant example.
That Texas company was the epitome of Corruption and Moral Perversion - screwing Americans out of 5 TRILLION dollars.
Watch the movie - "Smartest Guys in the Room" - an amazing documentary on rampant corruption in business.
- Anonymous7 years ago
As if the mafia moved into town. Businesses get extorted out of money or propped up as something other then it's intended purpose for a money making scheme. If you disagree politically you usually get shut down while another one flourishes in its spot because they were contributers.Source(s): http://www.youtube.com/watch?v=0LNr0snlSeA http://www.youtube.com/watch?v=7NmaZIdz6Vo http://www.youtube.com/watch?v=WmWoUJt0Xu0 http://www.youtube.com/watch?v=OPQIm9yXA1I http://www.youtube.com/watch?v=bvBN5bsM9Zc http://www.youtube.com/watch?v=lNDsMoFOTHU http://www.youtube.com/watch?v=mXZRRRU2VRI