Player FM 앱으로 오프라인으로 전환하세요!
From Systemically Corrupt to Above Reproach: Examining Siemens' Remarkable Turnaround
저장한 시리즈 ("피드 비활성화" status)
When? This feed was archived on February 26, 2024 23:22 (). Last successful fetch was on June 28, 2023 12:12 ()
Why? 피드 비활성화 status. 잠시 서버에 문제가 발생해 팟캐스트를 불러오지 못합니다.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 287175991 series 2806362
In 2006, Germany-based Siemens was ranked 22nd on the Global Fortune 500 with revenues of $100 billion. It was a global leader and one of the world’s most admired companies. Until November 16, 2006 when the Munich Police Department raided Siemens corporate offices and several subsidiaries based on whistleblower allegations of bribery and misuse of funds. This Munich Police Department investigation triggered a global corruption investigation which revealed that Siemens had methodically violated U.S., German and other global anti-bribery laws for decades. When the settlement of the case was announced in 2008, law enforcement didn’t pull any punches. Yet what is equally remarkable is that a company that used corruption strategically and methodically to achieve its business objectives for decades remade itself in the wake of the corruption scandal to emerge as a model of corporate reform and business ethics.
For more information visit: https://fraudeatsstrategy.com/
49 에피소드
저장한 시리즈 ("피드 비활성화" status)
When? This feed was archived on February 26, 2024 23:22 (). Last successful fetch was on June 28, 2023 12:12 ()
Why? 피드 비활성화 status. 잠시 서버에 문제가 발생해 팟캐스트를 불러오지 못합니다.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 287175991 series 2806362
In 2006, Germany-based Siemens was ranked 22nd on the Global Fortune 500 with revenues of $100 billion. It was a global leader and one of the world’s most admired companies. Until November 16, 2006 when the Munich Police Department raided Siemens corporate offices and several subsidiaries based on whistleblower allegations of bribery and misuse of funds. This Munich Police Department investigation triggered a global corruption investigation which revealed that Siemens had methodically violated U.S., German and other global anti-bribery laws for decades. When the settlement of the case was announced in 2008, law enforcement didn’t pull any punches. Yet what is equally remarkable is that a company that used corruption strategically and methodically to achieve its business objectives for decades remade itself in the wake of the corruption scandal to emerge as a model of corporate reform and business ethics.
For more information visit: https://fraudeatsstrategy.com/
49 에피소드
All episodes
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.