The Implication of Corruption in Business Management

HealthSouths Culture of Corruption Introduction HealthSouth began as an caprice that someone could contribute a better quality service, more than efficiently than too large hospitals with significant overhead costs. From this discredit beginning, the crease grew at an accelerate rate with Richard Scrushy as its discover and chief executive. Scrushy was considered a alive(p) and compelling individualisedity who had acquired a judgement for the lavish life style he could now afford. The business model of HealthSouth flourished, but as Medicare regulations changed, it became increasingly more operose to remain on the homogeneous high performing excision HealthSouth enjoyed. Under Scrushys leadership, HealthSouth highly-developed a culture which was think on keeping the callers stock as attractive as possible. by fear and intimidation, Scrushy and his senior staff, stop all attempts to come transport with information that might be detrimental to their perceived per formance. This burning desire to maintain the appearance of strong performance was manifested in the double-faced financial disclosures, which would victor teemingy circumvent detection from analysts, auditors and regulators for some(prenominal) years.

To overcome any piercing queries into HealthSouths financial statements, the zealous charisma displayed by Scrushy and his systematic riddance of less pliable subordinates helped to perpetuate the ethical lapses his management teams were loving in. Additionally, Scrushys uninterrupted need for adulation prompted him to undertake great philanthropic endeavors, which advertise flamed his egotistical personality and emboldened his v indication for continuing the fraudulent pra! ctices. Scrushy and his management team were not implicated with the potential prejudicious impact their actions would have on investors, employees and opposite HealthSouth stakeholders, but became prompt by greed and the benefit of their personal wealth. It would be imprecise to state that the outcome of these acts had been...If you want to motor a full essay, order it on our website: OrderEssay.net

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