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Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?

| Jan. 10, 2013

In the past 25 years, the size of settlements, fines and penalties for individual corporations found guilty of wrongdoing has escalated from millions of dollars, to tens of millions, to hundreds of millions, to billions. Think Siemens and widespread bribery — about $2 billion. Or, bigger yet, think BP and the gulf disaster — almost $20 billion to date, with another $20 billion-plus likely in the future.

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For more information on this publication: Belfer Communications Office
For Academic Citation: Heineman, Ben.“Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?.” Harvard Business Review, January 10, 2013.

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