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What is RBC

Handbook of Research on Global Issues in Financial Communication and Investment Decision Making
Royal Bank of Canada.
Published in Chapter:
Corporate Scandals and Systemic Risk
Sinemis Zengin (TEB, Turkey)
DOI: 10.4018/978-1-5225-9265-5.ch015
Abstract
Corporate scandals are unpredictable misbehaviors of person/people that have engagement within corporate ended by bankruptcy of corporate. In the global world, companies are related with each other, and one bankruptcy triggers another company; moreover, it may cause a systemic risk depends on size of company as occurred in 2008 economic crisis. Corporate scandals are unpredictable; however, experience from history may guide regulators to avoid in the future by effective regulations. In this chapter, corporate scandals will be studied carefully to classify subjects of scandals and their impact.
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