financial scandal
Corporate fraud exposed
A financial scandal is a public revelation of misconduct involving money—fraud, embezzlement, insider trading, accounting manipulation, or other deception that enriches some at others' expense.
The term implies both wrongdoing and exposure: The company collapsed amid a financial scandal involving falsified earnings.
Major financial scandals often prompt regulatory reform.
- executivesSenior corporate officers
- CEOsHighest corporate officers
- corporate greedExcessive pursuit of profit
- fraudIntentional criminal trickery
- auditsFormal account inspections
bankruptcy · whistleblowers · cooking the books · cooked books · creative accounting · Ponzi scheme · insider trading · accounting fraud · lawsuits · embezzlement · bribery · Bernie Madoff · securities fraud · shell company · offshore accounts · fines · money laundering · tax evasion
financial scandalfinancial integrity
Ethical handling of money
fiscal responsibility · ethical business practices · corporate responsibility · fiduciary duty · good governance
financial scandalfinancial transparency
Open disclosure of monetary dealings
full disclosure · open books · public accountability · legal compliance · accountability
financial, financially, finance, finances, financed, financing, financier, financiers, scandal