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    Financial Scandals: What Contributes to Scandals & Illegal Unethical Practices?

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    What, in your opinion, contributes to scandals and illegal and unethical practices in the area of accounting and finance? Note: The reason(s) go beyond greed.

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    There are three common conditions that lead to scandals and illegal or unethical practices: (1) pressure, (2) opportunity and (3) excuses. The first one, pressure, is about what motivates the individual to push the limit, take advantage and cheat. The pressure can come from personal reasons (e.g., financial pressures, greed, extreme ambition, desire for nice clothes, gambling debts) or from work pressures ...

    Solution Summary

    Your tutorial is 296 words mentions three conditions that contribute to scandals, illegal acts and unethical practices and gives several examples of each.