allowed Dr. Lear to sidestep university policies. There were several obvious red flags that Dr. Lear was up to no good. Dr. Lear used his position of power to influence other employees into breaking the rules for him and this led to important internal controls being disregarded. Dr. Lear was finally exposed when a local news channel asked him about his want to purchase a new plane for the university. The local media expressed concern about such an extravagant investment during a time of budget cuts
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Why did Nokia fail in Indian market? 1. Lession from the Corporate http://books.google.com.au/books?id=yPC5BAAAQBAJ&pg=PA339&lpg=PA339&dq=how+nokia+failed+to+connect+indian+market&source=bl&ots=M1GR8b7x_k&sig=VpqxqvlcvJ7Jb6Dgiq6tCqcEk9E&hl=en&sa=X&ei=nB5nVMaLK8O4mwWr64LgDw&ved=0CCsQ6AEwAjgK#v=onepage&q=how%20nokia%20failed%20to%20connect%20indian%20market&f=false Nokia vs Micromax (Developmental (NPD)‚ Distribution‚ and Price Flexibility): Although Nokia is still a major player of Indian mobile
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Arthur Andersen was one of the ’Big 5 ’ accounting firms‚ the others being PricewaterhouseCoopers (PWC)‚ Deloitte Touche‚ Ernst and Young‚ and KPMG. Throughout the 1980 ’s and 1990 ’s‚ these five companies provided auditing and tax services to most of the west ’s major companies. However‚ in 2002 Arthur Andersen ’s licences to practice as Certified Public Accountants (CPA ’s) in the US were voluntarily surrendered by the company in the wake of criminal charges relating to the Enron scandal. Although
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appointed a new CEO‚ who emphasized the importance of innovation for Sony. There isn’t enough time left to the new CEO‚ and maybe Sony will die in future several years. Hiroko Tabuchi First Published: Mon‚ Apr 16 2012. 06 26 PM IST How Sony failed to keep up with the tech
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The Failed Corporate Culture of Enron High risk accounting‚ inappropriate conflicts of interest‚ extensive undisclosed off-the-books activity‚ excessive compensation these are some of the headings of the report prepared by the U.S. Senate’s Permanent Subcommittee on Investigations titled "The Role of the Board of Directors in Enron’s Collapse." (Permanent Subcommittee on Investigations‚ 2002) In February‚ 2002‚ Enron’s former Chief Executive Officer Jeffery Skilling had testified before members
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Why Prohibition Failed Prohibition: Help or Harm? Prohibition damaged America Imagine this"¦ It’s 12:30 am in a dark New York City street during the 1920s. Everything is silent. Then a man walks around to the back of an old saloon‚ closed due to Prohibition. He knocks three times on the back door then mutters the words " Joe sent me". The door opens to the sound of ragtime music and people singing. The door shuts and it is silent again"¦ That was an example of just on of the 100‚000 "speak-easies"
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Spain‚ A failed industrial revolution? By the 1850s‚ Spain’s population was near 12‚500‚000 people; of which more than two thirds still worked and lived in the countryside. Meanwhile‚ the most powerful European countries like England or Germany were undergoing a series of political‚ economic and social changes known as the Industrial Revolution. This was propelled by their liberal ideas‚ engaged investors and ever-growing market. It created a new era in history‚ urban areas started to develop and
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There is little doubt that the tactics used by the English fleet against the Armada were an important contributor to the Armada’s defeat‚ but was it English ingenuity that saved England from Spain‚ or was the rest downplayed to make England seem superior to Spain/the Habsburg Empire? In order to effectively analyse the comparative importance of English tactics‚ one must analyse the other causes for defeat. First of all‚ how important were English tactics? When the English first engaged the Armada
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Audit Committee Quality‚ Auditor Independence‚ and Internal Control Weaknesses Yan Zhang‚ Jian Zhou‚ and Nan Zhou* * All authors are from SUNY – Binghamton. We thank two anonymous reviewers for detailed and insightful suggestions that have significantly improved the paper. We also thank workshop participants at the 2006 American Accounting Association Auditing Midyear Meeting and the 2006 American Accounting Association Annual Meeting for comments‚ and Raj Addepalli‚ Shanshan Chen‚ Yujing
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King Arthur By the ninth century people all over were telling the fabulous tales and romances about Arthur and his kingdom. The common people heard them sung by bards‚ while in the court poets wrote different versions. In each retelling the speaker would select certain details for emphasis and introduce new elements‚ so that the story could be adapted to the particular time and audience. Although most historians believe that there actually did exist an Arthur‚ they differ on how major his role
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