EVIDENCE “IN THE NEWS” OF THE IMPACT OF ETHICAL LAPSES ON COMPANY PROFITABILITY.

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In this discussion board post news articles or recap events chronicled in the news that illustrate the impact of ethical lapses on profitability. This is the recent story of Volkswagen and its efforts to recover its brand. 

Volkswagen was implicated in a massive vehicle emissions fraud and fined billions of dollars. This article is about how the company has managed to ” turn itself around” by changing its strategy and embracing goals centered on CSR through electric vehicles. How Volkswagen Walked Away From a Near-Fatal Crash

Bloomberg Businessweek

 The diesel cheating scandal nearly ended the company. Now it’s the No. 1 car seller on the planet, with staggering electric goals. As the world’s largest automaker, Volkswagen in some ways better resembles an army or a country than a mere corporation. Its flagship factory in Wolfsburg, Germany.

https://www.bloomberg.com/news/features/2018-03-29/how-volkswagen-walked-away-from-a-near-fatal-crash (Links to an external site.)Links to an external site.