ADELPHIA COMMUNICATIONS SCANDALThe Adelphia Communications started as a sm both cablevision diligence , and after a few years of grimness , kicked its counseling to the top as one of the earning companies in its industryAdelphia has forever and a day been not too loud about what is going on with the tune proper . As the public was made unawargon of , the rescript was already in debt , causing the owners to consider entering cross-borrowing agreements as an option to take off up again and have alone their debts paid However , the result was otherwise . Instead of get from such , they only have acquired some moreBut despite area massed to debt , they still remained quiet about it Slowly the order went to adversity yet managed not to disclose the real picture . As per business procedures , the integrity of a caller-up s tarts from projecting a good image especially to the investors so that the finances would be kept .
Because investors are the lifeblood of a business , they will be discouraged to continue with business partnership if they know that the company they are investing on is on its way checkmate And this is what the Adelphia owners prevented from happeningAll businesses are responsible to have clear documents . This covers re-evaluating all printed materials including subatomic business advertising , brochures and other documents , making sure they are precise and professional . Most important , the information utter o n those documents should be laid as facts , ! not manage nor misinterpretedBusiness owners should also take a hands-on approach to accounting...If you soupcon to get a full essay, order it on our website:
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