File: ch08, Chapter 8, Ethical Problems of Organizations

In this example of a conflict of interest, _____ conducted a series of off-the-books partnerships that were used to hide the organization’s debt and inflate its stock price. The partnerships were managed by the company’s executives who stood to profit the most from the transactions. a) Merrill Lynch. b) Enron . c) Citicorp. d) Adelphia. Ans: b ................
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