American Journal of Industrial and Business Management

Volume 10, Issue 1 (January 2020)

ISSN Print: 2164-5167   ISSN Online: 2164-5175

Google-based Impact Factor: 2.08  Citations  

Analysis of Market Failure Theories Based on Toshiba’s Business Ethic Issue: Earnings Overstatement Scandal

HTML  XML Download Download as PDF (Size: 229KB)  PP. 160-166  
DOI: 10.4236/ajibm.2020.101011    1,112 Downloads   6,345 Views  Citations
Author(s)

ABSTRACT

As a controversial topic, business ethic is becoming significantly important in today’s business world. Business unethical behaviors such as fraud scandal and other accounting manipulation will bring reputation risks for organizations, which may lead to serious consequences and even severe administrative penalties. Therefore, responsible firms should have senses of good behavior and prevent themselves from committing unethical behaviors, which causing negative externalities for other organizations and people. This research paper mainly conducts research through investigation, literature review and other methods, aiming at demonstrating responsible global citizenship implications by analyzing related market failure theories based on Toshiba’s business ethic issue: earnings overstatement scandal.

Share and Cite:

Cheng, J. (2020) Analysis of Market Failure Theories Based on Toshiba’s Business Ethic Issue: Earnings Overstatement Scandal. American Journal of Industrial and Business Management, 10, 160-166. doi: 10.4236/ajibm.2020.101011.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.