The thought that employee theft only happens at large businesses like the Wal-Marts of the world is a fallacy. Small businesses are actually more likely to be affected by employee fraud, and will also sustain a larger median loss than bigger companies.
The 2006 report by the Association of Certified Fraud Examiners showed that businesses with fewer than 100 employees suffered a median of $190,000 in fraud losses. Without safeguards, any
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Welcome to
Ethics in Business
There are 33 posts and 16 comments so far.
About Business Ethics
Corporate Resposibility in the 21st Century
Environmental responsibility. Corporate governance and ethics. Fairness toward employees. Accountability to local communities. Providing responsible products and service to customers. Maintaining a healthy rate of return for investors.
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Recent Comments
- SGK2: Nice summary. Made my paper a whole lot easier. Wehbe, you’re Lebanese right? Me too.
- big d: terrible attempt at breaking down a line of thought based on logic. dizzying at best.
- Frank Smith: As a person who oversees’s the quality of products made for the US Government (mostly Military...
- Fumbled.org: “Why do sports played by men tend to be more popular and generate more revenue than sports played...
- salary cap: Why would knowing if you are accepted or not give you an advantage other than you can get an early start...
- SGK2: Nice summary. Made my paper a whole lot easier. Wehbe, you’re Lebanese right? Me too.
Jun
25
Employee Background Checks Needed in Small Business
≡ Category: Business Ethics, Workplace Ethics | ≅ Leave a Comment
