Prior to the financial meltdown that occurred around 2008, Ask an Expert

Accounting

Prior to the financial meltdown that occurred around 2008, bond-rating agencies were accused of unethical behavior because they were paid by the organizations that they rated. Many of these companies would shop around for the agency that gave them the best rating. What type of unethical conduct is this? Why is it unethical?

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Financial Accounting, Accounting

Category:- Financial Accounting
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