The Implication of Corruption in Business Management

HealthSouths Culture of Corruption Introduction HealthSouth began as an thinking that someone could contribute a better quality service, more efficiently than too large hospitals with significant overhead costs. From this modest beginning, the business organization grew at an accelerate rate with Richard Scrushy as its father and chief executive. Scrushy was considered a alive(p) and compelling personalisedity who had acquired a try out for the lavish life style he could now afford. The business model of HealthSouth flourished, but as Medicare regulations changed, it became increasingly more laborious to remain on the homogeneous high performing jumper lead HealthSouth enjoyed. Under Scrushys leadership, HealthSouth highly-developed a culture which was center on keeping the callers stock as attractive as possible. by fear and intimidation, Scrushy and his senior staff, bar all attempts to come transport with information that might be detrimental to their percei ved performance. This burning desire to maintain the appearing of strong performance was manifested in the double-faced financial disclosures, which would advantage 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 extermination of less pliable subordinates helped to perpetuate the ethical lapses his management teams were zesty in. Additionally, Scrushys uninterrupted need for adulation prompted him to undertake spacious philant hropic endeavors, which advertise flamed hi! s egotistical personality and emboldened his plea for continuing the fraudulent practices. Scrushy and his management team were not pertain with the potential prejudicious impact their actions would have on investors, employees and new(prenominal) 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 depress a full essay, order it on our website: OrderCustomPaper.com

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