Poor corporate governance can take the extreme form of outright fraud, and because corporate fraud is legal under U.S. law, it must be dealt with internally, such as with a profit sharing agreement.

Question

Quizplus · Accepted Answer

Corporate fraud is illegal under U.S. law and must be dealt with through legal channels, such as reporting to authorities and pursuing criminal charges. A profit sharing agreement is not an appropriate response to corporate fraud.

Poor Corporate Governance Can Take the Extreme Form of Outright