Corporate scandals refer to unethical, illegal, or immoral activities conducted by businesses or their executives that lead to significant public outcry, legal consequences, or financial losses. These scandals can involve fraud, embezzlement, accounting irregularities, environmental violations, or exploitation of employees. They often result in a loss of investor and consumer trust, damage to the company’s reputation, and severe penalties for those involved. High-profile corporate scandals, such as those involving companies like Enron, Volkswagen, and Lehman Brothers, typically highlight the failures of corporate governance, oversight, and ethical standards within organizations. Corporate scandals underscore the importance of transparency, accountability, and ethical practices in maintaining the integrity of business operations and the confidence of stakeholders.
TV Asahi faces a scandal involving a senior executive director's misuse of company funds and workplace harassment from 2019 to 2025, exposing corporate governance issues. The director exploited accounting loopholes,…