Business Ethics Crisis
al., 2017). These emissions have a negative impact on the environment as they adversely hamper the air and the troposphere. Where do you see failures in corporate governance? The Volkswagen Emissions Scandal is a good example that is indicative of failures in corporate governance. Corporate governance can be delineated as the overall system of guidelines, regulations, practices, and processes by which an organization is directed and controlled. First, the executive leadership of Volkswagen was ineffective and futile, and the actions of the scandal are evident. In particular, Martin Winterkorn, the CEO of the company, was an arduous superior who loathed and did not accept failure. Former company executives defined his style of management as dictatorial and focused at… Continue Reading...
