Accounting Aberrations: A Manager’s Dilemma

Abstract

The discussion point in the case revolves around a senior banker in India who used unethical methods and misused his position of trust by making fraudulent withdrawals from the unclaimed balances account in the branch. The mitigating circumstance was that he had to pay for the treatment of his mother who was suffering from bone cancer which the doctors said could be cured with treatment. Unclaimed balances are, in banking parlance, those accounts in a bank in which there have been no operations for many years. The case is based on a composite of real life incidents and individuals. The decision focus in the case is how to react to transgressions of laid down practices in a bank by senior officers even though there were pressing circumstances for them to resort to these transgressions.

This case was prepared for inclusion in Sage Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.

2024 Sage Publications, Inc. All Rights Reserved

You are not authorized to view Teaching Notes. Please contact your librarian for instructor access or sign in to your existing instructor profile.

Resources

Appendix A: Organizational Chart (Partial), Mercantile Bank Limited, India

Figure

This case was prepared for inclusion in Sage Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.

2024 Sage Publications, Inc. All Rights Reserved

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles