LDR 531 WorldCom s Fall From Grace

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Description

WorldCom s Fall From Grace

LDR 531Organizational Leadership

Abstract

WORLDCOM'S FALL FROM GRACE

A review of WorldCom's financial demise highlights numerous incidents of

fraud, manipulation of billing procedures, purchasing of equipment that never arrived,

and countless other unethical practices. Top executives at WorldCom were convicted

for the corruption that finally bought the telecommunications company down. However,

the exposure of WorldCom revealed weak internal controls and a lack of effective organ-

izational structure and civility that seem to be present in other top companies. WorldCom

organizational behavior theories could have predicted or even explain the failure of

WorldCom . Additionally, I will offer perspectives on the comparisons and contrasts of

leadership, management,...

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Published On:
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