corporate misconduct
[/kɔrˈpɔrət ˌmɪsˈkɒndʌkt/]
noun
má conduta corporativa
1. Unethical, illegal, or dishonest behavior by a company or its employees that violates laws, regulations, or professional standards
The investigation revealed corporate misconduct involving fraudulent accounting practices and embezzlement.
A investigação revelou má conduta corporativa envolvendo práticas contábeis fraudulentas e apropriação indébita.
2. Violations of business ethics, regulatory compliance, or fiduciary duties by corporate management or officials
Corporate misconduct cases often result in hefty fines and executive prosecutions.
Os casos de má conduta corporativa frequentemente resultam em multas substanciais e processos contra executivos.
3. Systematic wrongdoing within an organization that damages stakeholders, shareholders, or the public
The company faced lawsuits for corporate misconduct related to environmental violations.
A empresa enfrentou processos judiciais por má conduta corporativa relacionada a violações ambientais.
Corporate misconduct has become increasingly scrutinized in both Brazil and the USA following major scandals like Petrobras (Brazil) and Enron (USA). In Brazil, the term is particularly prevalent in discussions of government-linked enterprises and political corruption. The phrase reflects growing concerns about corporate accountability, transparency, and the role of regulatory bodies like the SEC (USA) and CVM (Brazil).
NYC Slang
cooking the books; shady business; corporate crime
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