-
Wal-Mart Reports Strong Sales Despite Bribery Scandal. What’s a Little Corruption Among Friends?
- May 17, 2012
- Posted by: Ted Bullen
- Category: Ethics, Information Technology, News, Retail
No CommentsIt was announced, today, that Wal-Mart Stores Inc’s profit and sales surpassed expectations, causing share prices to rise, briefly recovering the 8+% loss after the bribery scandal was uncovered (See Ethics For Sale at Wal-Mart.) Shares eventually settled up 4 percent. This occurred despite ongoing internal and government probes into bribery of Mexican government officials.
-
Ethics for Sale at Wal-Mart
- April 24, 2012
- Posted by: Ted Bullen
- Category: Ethics, Information Technology, News, Retail
It was reported, over the weekend, that Wal-Mart has been involved, over a number of years, in bribery of high-level Mexican officials in order to fast-track building permits in the company’s largest international division, Wal-Mart de Mexico. This activity took place, while the company was actively, along with other large businesses, lobbying to soften the