Corruption in Corporate America

Download or read book Corruption in Corporate America written by Abraham Leo Gitlow and published by University Press of America. This book was released on 2005 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern capitalism and political freedom rest on concepts of conscience and morality, and abhor concentrations of unbridled power. America's economic and political system has developed mechanisms designed to check and balance such power. Despite these mechanisms, there are chief executives who abuse their power in a fraudulent and self-serving pursuit of wealth and authority. How did this happen? How did the system respond? What can be done to prevent it in the future? Corruption in Corporate America seeks to answer these questions. The analysis is supported by a look ahead at the prospective results of the Sarbanes-Oxley Act of 2002, the law intended as a corrective response to corporate corruption.