Corporate scandals - Definition and Overview

A corporate scandal is a scandal involving unethical behavior on the part of a company. A corporate scandal sometimes involves accounting fraud of some sort. A wave of such scandals swept United States companies in 2002 (accounting scandals of 2002).

List of corporate scandals

• Exxon overreporting of oil reserves
• Fannie Mae undereporting of profit
• Ford Pinto scandal
• Ford Firestone Fiasco recall of tires.
• Halliburton overcharging?
• Harken Energy Scandal
• Lernout & Hauspie accounting fraud
• Parmalat accounting scandal & mutual fund fraud

Mutual funds

Mutual funds scandals

• Epicurum fund/Parmalat
• Mutual fund scandal (2003)

Insurance

• Insurance industry scandal (2004)
  • AIG
  • Marsh & Mclennan

See also

• Accounting scandals of 2002