Madoff Corporate Governance
Corporate Governance
What were the failures in the Madoff’s affair ?
Minor : Management, Technology and Entrepreneurship
Students : ..................................... Rémi Caroff
Ha-Phong Nguyen
Hamza Sehaqui
Professor :............................... Matthias Finger
Lausanne, Spring 2013
Corporate governance
|
Bernard Madoff case
Table of content
1.
Introduction and problem statement ................................................................................................. 1 1.1. The corporate governance context ............................................................................................. 1 2. Presentation of the case..................................................................................................................... 3 2.1. History ....................................................................................................................................... 3 2.2. Corporate governance structure and concept ............................................................................. 7 2.3. Case issues ................................................................................................................................. 8 3. The problems of corporate governance – How Madoff made off this money .................................. 9 3.1. Madoff & CIE: ethics vs prestige: base of sucess? .................................................................... 9 3.2. Greedy or stupid investors ......................................................................................................... 9 3.2.1. Third Parties and Fund of Funds ...................................................................................... 10 3.2.2. List of the casualties ......................................................................................................... 11 3.3. Corporate bylaws and functions
What were the failures in the Madoff’s affair ?
Minor : Management, Technology and Entrepreneurship
Students : ..................................... Rémi Caroff
Ha-Phong Nguyen
Hamza Sehaqui
Professor :............................... Matthias Finger
Lausanne, Spring 2013
Corporate governance
|
Bernard Madoff case
Table of content
1.
Introduction and problem statement ................................................................................................. 1 1.1. The corporate governance context ............................................................................................. 1 2. Presentation of the case..................................................................................................................... 3 2.1. History ....................................................................................................................................... 3 2.2. Corporate governance structure and concept ............................................................................. 7 2.3. Case issues ................................................................................................................................. 8 3. The problems of corporate governance – How Madoff made off this money .................................. 9 3.1. Madoff & CIE: ethics vs prestige: base of sucess? .................................................................... 9 3.2. Greedy or stupid investors ......................................................................................................... 9 3.2.1. Third Parties and Fund of Funds ...................................................................................... 10 3.2.2. List of the casualties ......................................................................................................... 11 3.3. Corporate bylaws and functions
References: Donald Nordberg, Corporate governance, principles and issues, 2010.