Public announcement of corporate wrongdoing on the part of an executive is an example of rite of degradation.

Name: Public announcement of corporate wrongdoing on the part of an executive is an example of rite of degradation.
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Rite of degradation is a public announcement or ceremony that humiliates and shames an individual who has violated a group's norms and values. Public announcement of corporate wrongdoing on the part of an executive is an example of such a ceremony.

Public Announcement of Corporate Wrongdoing on the Part of an Executive