What do you think was the perceived opportunity the real or perceived pressure and the rationalization of the fraud in Bausch and Lomb inc?

Answer 1

In the case of Bausch & Lomb, the perceived opportunity for fraud likely stemmed from the competitive pressure to meet financial targets and maintain stock prices. Executives may have rationalized their actions by believing that short-term gains would ultimately benefit the company and its stakeholders. The combination of these pressures created an environment where unethical decisions were seen as justifiable in the pursuit of success. Ultimately, this mindset contributed to significant corporate governance failures and reputational damage.