Why background research /due diligience?

Dishonesty,Greed and Hypocrisy in the corporate world is a virus that has infected too many people,and is fast spreading. Ongoing revelations of corporate wrongdoings and accounting scandals have "created a crisis of investor confidence"Dishonesty about profits, and off-the-books deals, abetted by fiscal accounting that was erroneous, misleading, and downright dishonest are among very common practices.More and more revelations of corporate malfeasance corporate corruption on almost all different levels are popping up.But a great number of corporate executives do not want changes that would compel transparency and severely penalize those who circumvent the honest reporting of financial data. They want to be able to report profits, whether their corporation actually has generated them or not, so their tenure remains secure. They want their corporations to loan them money. They want huge bundles of stock options without accounting for those options as a corporate expense. They want to manipulate so that they can reap windfall profits from these options.
Here lies some of the many reasons for the need of background research and thorough investigations to secure your investments or your business transactions.
A small step that is taken prior to any business commitments could save the company in the long run.Background research is always a wise move prior to any business involvements.