Read the case study below:
“WorldCom Inc.: What Went Wrong?”. Retrived from Harvard Business Publishing.
Our objective will be to better understand the lessons learned from the greatest accounting fraud perpetrated in history and how such awareness can serve as a measure toward preventing such a catastrophe in the future. Please answer the below questions:
- WorldCom expected to fix the management problems of MCI. To what extent did ethics play a part in the trouble of the organization?
- What factors do you feel drove WorldCom to perpetrate the multi-dimensional accounting fraud?
- Did the weakness of the WorldCom portfolio of companies lead to the circumstances that caused the major compromise in ethics?
- What circumstances led to senior management of WorldCom falsifying accounting statements?
- Were the changes in the telecom industry to wireless a contributing factor leading to the ethical compromise by WorldCom?
Additional Requirements:
- The body of the paper should be at least 1 full page.
- The paper should be in APA format (i.e., cover page, double-spaced, 12 pt. font, reference section at end, in-text citations, etc.).
- Only use the provided case study and document (which provides other links) as your sources!
