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Resource ID: #12737
Subject: Business
Source: Business Week
Affiliation: 
Date: 

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Description

Business Week uncovered a disturbing pattern of accounting and ethical abuses in Bausch & Lomb, including a division that thrived by faking invoices and others that artificially boosted revenues by shipping unwanted products to customers. The story traced the origin of these actions to a distorted company culture that focused almost exclusively on numbers and demanded double-digit profit growth at almost any cost. (Oct. 23, 26, 1995)

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