Corporate malfeasance

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Law - company law.

Intentional acts by a company or its officers causing financial or physical harm to others, frequently involving false statements about the company's financial position.

"The Sarbanes-Oxley Act of 2002 introduced a comprehensive programme of measures designed to curb accounting and control irregularities and to make executives accountable for discrepancies.

Key provisions include... prohibition of loans to executives and directors, stricter penalties for corporate malfeasance, and federal oversight of public accounting firms."

United States - the Treasurer's Wiki.

See also