Assignment
Legal and Ethical Aspects of Management
Read and analyze "Paying the Piper: An Empirical Examination of Longer-Term Financial Consequences of Illegal Corporate Behavior,"by Baucus, Melissa S.; & Baucus, David A.Academy of Management Journal, Feb1997, Vol. 40 Issue 1, p129-151. 23p. and answer questions as below:
Required:
- One-page summary of the above article
- Answers to the following questions which must be addressed adequately:
a) What financial impact does illegal corporate behavior have on a company?
b) How long does a company feel the impact of illegal behavior?
c) How does the market react to corporate illegal behavior?
d) What are the financial costs of violating the behavior?
please note: required summary for article first and write each question no. and below the answer separate for each one.