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Why do we study financial scandals?

Why do we study financial scandals?

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Financial scandals provide us the knowledge and uncover the ways which were use to do the manipulations. By studying these scandals we get the cause of the scandal and by having this information, we might stop such scandals happening in the future. It will also help us to make changes in the rules and regulations to ensure that all the inefficiencies in the system can be reduced. It also provides us as a checklist to do while analyzing on the company.

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