Corporate Scandal Conversion Process Analytical Essay by Master Researcher

Corporate Scandal Conversion Process
A look at the conversion process that has been instituted in the wake of corporate scandals.
# 35510 | 1,150 words | 6 sources | APA | 2002 | US
Published on Oct 07, 2003 in Business (Finance, Investment and Banking) , Accounting (Fraud)

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This paper deals with the issue of corporate scandals of the past years and the "conversion process" that has led to a new regulatory stance towards behavior by executives and accounting firms. The paper examines the environment, inputs, supports and roles of interest parties and outputs and
concludes that although the public and shareholders are still a bit skeptic in curbing executive corruption, they are at least assured there is an authority overseeing their misconduct and punishing them for it.

Supports and Roles of Interest Parties

From the Paper:

"The Enron scandal marks the beginning of series of corporate scandals that would label corporate America among the corrupt nations. The corporate crises occurred amidst American political turmoil of September 11 yet the public could not ignore its implication on the future of America businesses. The incident opened a floodgate for corporate America's corrupted top executives, revealing their unethical business practices and greediness. Although there have been other corporations implicated on charges of fraud in the past but in the last two years this issue has become a major concern as America's top companies, responsible for turning the economy around are accused of corruption, misstatements and fraud.
"The Enron scandal demonstrate that there is a great need for Congress to investigate the proliferation of corporate scandals and how they can contribute by rectifying the situation created by the accountant firm Arthur Andersen and other auditing professionals. Consequently, the members at the White House including President Bush declared the implementation of the corporate conversion process."

Cite this Analytical Essay:

APA Format

Corporate Scandal Conversion Process (2003, October 07) Retrieved February 03, 2023, from

MLA Format

"Corporate Scandal Conversion Process" 07 October 2003. Web. 03 February. 2023. <>