The Implication of Corruption in Business Management

HealthSouths Culture of Corruption Introduction HealthSouth began as an idea that someone could pay a better tone of voice service, more(prenominal) efficiently than as well large hospitals with significant budget items costs. From this humble beginning, the business grew at an accelerate rate with Richard Scrushy as its founder and chief executive. Scrushy was considered a alive(p) and compelling personality who had acquired a taste for the lavish purport style he could this instant afford. The business model of HealthSouth flourished, scarcely as Medicare regulations changed, it became increasingly more difficult to remain on the homogeneous high playing track HealthSouth enjoyed. Under Scrushys leadership, HealthSouth highly-developed a husbandry which was focused on charge the callers memory board as attractive as possible. by fear and intimidation, Scrushy and his elderberry bush staff, blocked all attempts to dumbfound transport with information that expertness be detrimental to their perceive action. This burning desire to admit the appearance of strong performance was manifested in the double-faced pecuniary disclosures, which would success teemingy circumvent contracting from analysts, auditors and regulators for some(prenominal) years.

To overcome any corking queries into HealthSouths financial statements, the burning charisma displayed by Scrushy and his domineering elimination of less amenable subordinates helped to perpetuate the ethical lapses his focal point teams were engaging in. Additionally, Scrushys incessant need for adulation displaceed him to guarantee massive philanthropic endeavors, which advertise flamed his egotistical personality and recreate his justification for continuing the double-tongued practices. Scrushy and his management team were non concerned with the potential prejudicial impact their actions would have on investors, employees and other HealthSouth stakeholders, but became prompt by greed and the acquire of their personal wealth. It would be inaccurate to state that the outcome of these acts had been...If you loss to get a full essay, order it on our website: Ordercustompaper.com

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