Tuesday August 24, 2019
A front page WSJ article today reports that Pacific Gas and Electric is going to trial. Apparently the failure to maintain transformers and such led to the wildfires in California. Form the looks of this graph, investors are worried about a potential bankruptcy.
in ACCT 5308 Ethics we note that the tone at the top sets the ethical standard for the company. Here the care of fixed assets has become not only an ethical issue but may threaten the firm as a going concern.
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