According to the Legal Briefcase box,"Paying the Price",corporate executives who commit fraud,securities fraud,and other business crimes are sentenced to fines,but not to jail because these acts are not considered to be criminal convictions.
Many business leaders who have run afoul of the law are serving long sentences in prison.The most recent was Bernie Madoff who was sentenced to 150 years in prison for his illegal Ponzi scheme that bilked investors out of billions of dollars.
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Q3: Ethical behavior requires more than following the
Q7: According to the Legal Briefcase box,"Paying the
Q9: Ethical behavior focuses on treating others fairly.
Ethical
Q10: People involved in business may be tempted
Q12: Legal behavior and ethical behavior are basically
Q13: Legal behavior is a first step toward
Q14: Given the level of diversity within the
Q16: Punishing business leaders who have broken the
Q17: People should look at each situation individually
Q17: Moral behavior refers to behavior that is
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