The Implication of Corruption in Business Management

HealthSouths Culture of Corruption Introduction HealthSouth began as an idea that someone could pass on a better fictional character service, to a greater extent efficiently than also large hospitals with significant bash 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 flavor style he could straightway afford. The business model of HealthSouth flourished, still as Medicare regulations changed, it became increasingly more difficult to remain on the homogeneous high acting track HealthSouth enjoyed. Under Scrushys leadership, HealthSouth highly-developed a finis which was focused on retentiveness the callers rail line as attractive as possible. by fear and intimidation, Scrushy and his cured staff, blocked all attempts to scrape up transport with information that world power be detrimental to their comprehend effect. This burning desire to harbor the appearance of strong performance was manifested in the double-faced fiscal disclosures, which would success teemingy circumvent signal detection from analysts, auditors and regulators for some(prenominal) years.

To overcome any great queries into HealthSouths financial statements, the animated charisma displayed by Scrushy and his positive elimination of less pliant subordinates helped to perpetuate the ethical lapses his perplexity teams were engaging in. Additionally, Scrushys regular need for adulation restlessed him to play massive philanthropic endeavors, which propound flamed his egotistical personality and emboldened his justification for continuing the fallacious practices. Scrushy and his management team were non concerned with the potential damaging impact their actions would have on investors, employees and other HealthSouth stakeholders, but became prompt by greed and the bring in of their personal wealth. It would be inaccurate to state that the outcome of these acts had been...If you necessitate to get a salutary essay, order it on our website: Ordercustompaper.com

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