Documentos de Académico
Documentos de Profesional
Documentos de Cultura
com/huff-wires/20130212/eu-italy-
finmeccanica/
http://www.foxnews.com/world/2013/02/12/italian-police-arrest-
finmeccanica-ceo-in-corruption-probe.html
impact on stakeholders:
Finmeccanica shares dropped 8.4 percent to 4.36 in Milan
trading despite an order by the market watchdog banning
short-selling of the company's stock. Short-selling is when
traders sell stock they do not actually own, hoping to buy it
back at a lower price.
https://www.ft.com/content/b4a1b7a44fb311e4908e00144feab7de
http://www.economist.com/node/587107
The allegations of bribery that Mr. Berlusconi was involved such as
money laundering, tax evasion and bribery of politicians has caused
shareholders and investors to lose their confidence and trust in their
business (Economist, 2001). Based on the case, Finmeccanicas
profit started to increase in 2013 only after making losses for two
years. The companys shares dropped to 8.4% in the Milan Trading
(Politi,2014).
Finmeccanica has distanced itself from the allegations, saying the case is against the individuals rather
than the company, but India's defence minister said the company would be banned from future
government tenders.
http://economictimes.indiatimes.com/news/defence/finmeccanica-
to-reconsider-business-in-india-if-
blacklisted/articleshow/52515176.cms
According to (The Economic Times, 2016), claimed that the case is
not against the company but rather the individuals that are
involved. However, due to this alleged payment of bribes for the
contract, Indias defense minister revealed that in the future,
Finmeccanica would be banned from any government offers.
Effect on employees
Finmeccanica is Italys second-largest industrial concern, with nearly 70,000
employees worldwide and revenues in 2011 of 17.5 billion. The company is
burdened by high debt, which reached 4.8 billion at the end of the third quarter
of 2012 more than the companys market capitalization.
http://globalnews.ca/news/392484/itays-finmeccanica-names-
interim-ceo-as-corruption-scandal-engulfs-management-tanks-
shares/
http://www.lexology.com/library/detail.aspx?g=5851e867-7d67-
4edc-bc26-bfa86bf1700a ---- brief explanation
http://www.reuters.com/article/us-italy-berlusconi-
idUSKCN0PI2A520150708
Berlusconi found guilty of bribing Italian senator
https://www.theguardian.com/world/2015/jul/08/silvio-berlusconi-
sentenced-to-3-years-for-bribing-italian-senator
Silvio Berlusconi sentenced to 3 years for bribing Italian senator
https://books.google.com.my/books?
id=x6uzCwAAQBAJ&pg=PT148&lpg=PT148&dq=Silvio+Berlusconi+
bribery+case+effects+on+employees&source=bl&ots=NADHPGsXo
8&sig=lQg1gNsQPSWJwdIWwm7kIeDu_Ps&hl=en&sa=X&redir_esc=
y#v=onepage&q=Silvio%20Berlusconi%20bribery%20case
%20effects%20on%20employees&f=false
http://ualr.edu/socialchange/2013/10/09/is-corruption-ever-ethically-
permissible/
https://www.thelocal.it/20150416/corruption-impacts-italy-
dramatically