TITLE

'Irregularities Never Occur in a Vacuum'

AUTHOR(S)
Marshall, Jeffrey
PUB. DATE
December 2003
SOURCE
Financial Executive;Dec2003, Vol. 19 Issue 9, p19
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article presents an examination of how Mark A. Zorko, Chief Financial Officer (CFO) partner at Tatum Partners, resolved the ethical issues he confronted when he was recruited as a CFO of a publicly-held electronic manufacturing firm in the mid-1990s. The author presents views on the common causes of financial fraud which, he notes, usually have deep rooted causes within an organization that can take a long time to uncover and prevent. Zorko discusses his experience and notes that despite top executives being fired over a financial scandal, there was still a great deal of unethical behavior occurring at the organization that had become ingrained and seen as standard practice.
ACCESSION #
11616241

 

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