Halliburton 'Over Billing' Controversy
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(Case Code: BECG042) click on the button below, and select the case from the list of available cases:
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
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BECG042 |
For delivery in electronic format: Rs. 500 ;
For delivery through courier (within India): Rs. 500 + Rs. 25 for Shipping & Handling Charges
ThemesCorporate scams / Controversies |
| Case Length |
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15 Pages |
| Period |
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1997-2004 |
| Pub. Date |
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2004 |
| Teaching Note |
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Not Available |
| Organization |
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Halliburton Company |
| Industry |
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Oil and Energy |
| Countries |
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US, Iraq |
Abstract:
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The case examines the unethical business practices of Halliburton Company (Halliburton), a leading engineering and oil exploration services provider. It gives a detailed account of the allegations that the company has been facing over the years. Halliburton was reportedly involved in doing business with countries with which trades were prohibited by the US government. The company was also alleged to have been involved in violating accounting practices by including 'disputed claims' as revenues in its income statement. More recently, Halliburton's subsidiary - KBR was reportedly involved in 'overbilling' of oil and food supplies to the US army during the Iraq war in March 2003. The case also highlights the company's political connections that had benefited Halliburton over the years.
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Issues:
» Study how adverse business conditions often cause companies to resort to unethical practices
Contents:
Keywords:
Halliburton Company, Accounting Scandals, Over Billing Allegations, Unethical business practices, Cost Plus Pricing, No-bid Contracts, Political Profiteering, Government's Role in Business
Halliburton 'Over Billing' Controversy
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