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Preferred term

WorldCom  

Definition

  • WorldCom began in 2002 as the second largest longdistance U.S. telephone service provider with operations in 100 countries, 20 million customers, and assets of $107 billion. Seven months later, the company became the largest bankruptcy in U.S. corporate history as the result of a 5-year accounting fraud that totaled more than $11 billion. [Source: Encyclopedia of Business Ethics and Society; Worldcom]

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URI

https://concepts.sagepub.com/social-science/concept/WorldCom

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