Home Archives Volume 3, Issue 3 Articles Open access · CC BY-NC 4.0
Article Vol. 3 No. 3 (2020) PP. 1910 - 1917

Effect of Unethical Practices in Corporate World: A Case Study in WorldCom

Lead author · Corresponding
Neil J Shah
student at Institute of Law Nirma University, India
View PDF Full text
3 views 0 downloads
Abstract

Introduction: There are some common unethical business practices in corporates like Misleading Product Information, Unfair Competition, Mistreating Employees, Manipulating Accounts, bribery etc. that many companies around the world are guilty of adopting for success. This paper shows how the WorldCom Company used unethical ways for its functioning. Any sort of unethical trade practice in any kind of business activity have serious consequences which hinders the business and most of the time it is not able to stand in the market as before. Objective: The paper is an attempt to throw light on the unethical practices being carried out by the WorldCom a leading telecom company. The way in which these unethical practices impact the reputation of the company and also its stockholders is also discussed here. It is a lesson for other corporates across the globe with measures to improve the business which is conducted on a international platform. It is just a paper that shows the conditions of businesses who uses such unethical ways for their business activities. Approach: The paper deals with the concept and case study investigation performed with reference to the effect which WorldCom’s unethical practices had on its investors. Findings: Regrettably, in the current scenario, it is noticed that a there are umpteen cases of unethical practices in corporates / organizations when it comes to dealing with finances. On deep analysis of WorldCom’s case study, the point to be noted is that due to company’s involvement in manipulating their books of accounts to deceive investors, lenders and end-consumers people lost the trust in WorldCom Company and hence the brand reputation of WorldCom was crashed. The case study sets an example for other companies if they involve in getting unprofessionally accomplished success and hence devise regulatory setups which will be of help to prevent such occurrences in future. Limitations: This research paper is conceptualized and is purely based on published reports

Type
Article
Information
International Journal of Law Management and Humanities, Volume 3, Issue 3, Page 1910 - 1917
Creative Commons
CC BY-NC 4.0 This is an Open Access article distributed under the terms of the Creative Commons Attribution–NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
Copyright © IJLMH 2026
Disclaimer
The views and opinions expressed in this manuscript are those of the author(s) alone and do not reflect the views, policies, or position of the Journal.

Export citation


        
📢 Call for Papers — Volume IX Issue IV now open  ·  Impact Factor 7.010  ·  Indexed in HeinOnline, Manupatra & Google Scholar + 1000+ Libraries  ·  Free DOI Submit Now →
Chat with us