Corporate Fraud

Prior to beginning work on this discussion forum, review Enduring Illusions: The Social Organization of Secrecy and Self-Serving Justifications: Doing Wrong and Feeling Moral, and watch Bernie Madoff – The Scamming of America (FULL) Documentary (Links to an external site.). Identify one other example of a similar instance of corporate fraud that allows for an ethical analysis, and then discuss the following questions:

  • What ethical framework in our society allows for this kind of fraud to happen?
  • What ethical or moral framework are perpetrators of corporate fraud operating under?
  • Is this kind of fraud an inevitable result of corporate expansion or can the profit motive that undergirds corporate growth be controlled through moral regulators? Should it be controlled?

Your initial post should be at least 250 words in length. Support your claims with examples from the required resources and/or scholarly sources, and properly cite any references in APA Style as outlined in the Ashford Writing Center resources Introduction to APA (Links to an external site.) and Integrating Research (Links to an external site.).

Guided Response: Try to understand the ethical rationale that may enable one to participate in deception and fraud. Respond to at least two of your classmates’ posts by Day 7.