The case discusses the questionable practices which were common at the tabloid and which eventually led to its fall. The newspaper resorted to hacking phones and bribing police officers in order to publish juicy news. The public backlash over the phone hacking scandal led to a dip in its advertising revenues and ultimately paved the way for the shutdown of the media giant.
News Corp. and its senior management came under severe criticism following this scandal. Though News Corp. had released a code of ethics in July 2011 and distributed it to all the employees, experts opined that the real challenge before Rupert Murdoch and the senior management was how to enforce this code. This case is aimed at MBA level students as part of the Business Ethics and Corporate Governance curriculum. Click here to read more…
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