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May 23, 2014








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Once the news of the scandal spread to the public, the stock plummeted. WorldCom was valued at around $120 billion at its peak in the summer of 1999.
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Impact of legal, ethical and social responsibilities A corporate social responsibility is where a business will maximize its positive effects on society, and minimizes its negative effects. Social responsibilities can be categorized as economic, legal, and ethical (Bateman & Snell, 2007). An organization has a responsibility to its investors and stakeholders to provide accurate and honest information...
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